By: Clyde Russell – Reuters – The liquefied natural gas (LNG) industry has changed its tune from saying it is a transition fuel...
(Bloomberg) — The Biden administration is taking steps to thwart oil development in remote reaches of Alaska by canceling leases to drill...
SAN JUAN, Puerto Rico (AP) — Hurricane Lee whirled through open waters on Thursday as forecasters warned it could become the first...
By: CNBC – UAE oil giant ADNOC — run by the president of the COP28 climate conference — is expected to spend...
By Salman Ghouri and Farris Ahmad|OilPrice.com, via Yahoo News|The oil industry is quite familiar with the concept of a “Peak Oil Supply,”...
BILLINGS, Mont. (AP) — A Louisiana company will receive $2.6 million to relinquish the last remaining oil and gas lease on U.S. forest...
Warren Buffett was born in Omaha in 1930. He developed an interest in the business world and investing at an early age,...
Saudi Arabia is considering an offering of additional Saudi Aramco shares of stock that could shatter records, the Wall Street Journal reported. A...
Story By Emily Foxhall | After months of unrelenting heat during a particularly sweltering summer, the Texas power grid’s ability to meet...
By Felicity Bradstock for Oilprice.com|Despite big promises, recent reports suggest that international oil majors are doing little to contribute to the green...
It was more trick than treat for investors on Halloween, with a tech-led selloff pushing the S&P 500 down Thursday and leaving the Nasdaq Composite with its biggest one-day fall since early September. The Invesco QQQ Trust Series QQQ, which tracks the Nasdaq-100, fell 2.5%
Investors and analysts blamed a confluence of frightful factors, including guidance from Big Tech behemoths and perhaps a round of pre-election jitters.
Initial jobless claims in the week ended October 26 showed a significant decline, dropping by 12,000 to 216,000, according to the Labor Department. This marks the third consecutive weekly decrease, bringing claims to their lowest level since May. Economists who were polled by The Wall Street Journal had expected claims to rise by 3,000, but instead witnessed a decline, with the number of new claims based on actual filings falling to 200,132.
The labor market appears robust, with the number of people collecting unemployment benefits in the week of Oct. 19 falling by 26,000 to 1.86 million. Economists noted that after a spike to 260,000 in early October due to Hurricane Helene, jobless claims have now returned to low levels that suggest no significant strain in the labor markets. This trend indicates continued stability in employment despite potential disruptions.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma...
by Andreas Exarheas|Rigzone Staff |RigZone.com |Executives from oil and gas firms have revealed their expectations...
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