Russia, a key player in the oil industry, has recently announced plans to reduce its oil exports from western ports by approximately...
Houston Natural Resources Corp. (HNRC) plans to rebrand after acquiring full ownership of Appalachian Basin E&P Cunningham Energy. Houston Natural Resources acquired...
By: Reuters – Global oil benchmark Brent hovered above $80 a barrel on Thursday after U.S. inflation data implied interest rates in...
Continental Resources struck black gold once again in Carter County, with the completion of five new wells that are producing nearly 2,700...
By: Carlsbad Current-Argus – Oklahomans in 2015 probably felt like Californians as their homes were rocked by strong earthquakes. But Californians were...
Story By Jov Onsat |RigZone| Libya’s oil revenue excluding royalties and fuel sales slid to around $7 billion (LYD 33.4 billion) for...
Story By Adrian Hedden, |Carlsbad Current-Argus, via Yahoo News| A $300 million sale of oil and gas assets on the western edge...
Story By Andreas Exarheas |RigZone| Saudi Arabia is sensitive to the “weak level” of demand in the world leading to production cuts,...
On July 7, the US Department of Energy (DOE) revealed its intention to repurchase approximately 6 million barrels of sour crude oil....
Topic: Fossil Fuels in Norway. A Story By Kari Lundgren, Stephen Treloar |Bloomberg| Via RigZone| At a Circle K service station outside...
U.S. stocks finished lower on Tuesday for a second straight day as investors monitored potential developments in tariff negotiations between the Trump administration and key U.S. trading partners.
The Dow Jones Industrial Average fell 389.83 points, or nearly 1%, to end at 40,829, according to FactSet data.
The S&P 500 was off 43.47 points, or 0.8%, to finish at 5,606.91.
The Nasdaq Composite slumped 154.58 points, or 0.9%, ending at 17,689.66.
Stocks saw another volatile session on Tuesday after President Donald Trump met with Canadian Prime Minister Mark Carney, but he said there was nothing Carney could say to him during the meeting that would persuade him to drop U.S. tariffs on Canadian imports.
Investors also await the Federal Reserve’s policy decision on Wednesday at 2 p.m. Eastern time. The U.S. central bank is widely expected to hold its key interest rate steady as policymakers still gauge whether Trump's aggressive tariffs could reignite inflation and hurt the world's largest economy.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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