(Bloomberg) — BP Plc Chief Executive Officer Bernard Looney has resigned effective immediately over the failure to fully disclose past relationships with...
By: Bob Campbell – Odessa American – With its world-class display of new oil and natural gas technology the 2023 Permian Basin...
By: Marc Santora – The New York Times – Ukraine said on Monday that it had taken control of several oil and...
Viper Energy Partners is acquiring certain mineral and royalty interests out in the Midland and Delaware Basins. Story By Melba McEwen|Midland Reporter...
The McDermitt Caldera is a large, oval-shaped caldera west of McDermitt in southeastern Oregon and northern Nevada in the United States. It is about 28 miles (45 km) long north–south and 22 miles...
Ines Ferré·Senior Business Reporter|Yahoo Finance| Oil’s upward price movement is making the Federal Reserve’s path toward a 2% inflation target more difficult. The crude market’s...
Liam Halligan|The Telegraph| Oil prices are up almost a third over the last three months. It’s a hugely significant increase that could...
AFP, via Yahoo News. The United States confirmed Friday that it seized a tanker load of Iranian oil in April, just before...
By: Rocky Teodoro – RigZone – Magnolia Oil & Gas Corp. has entered into a definitive agreement to acquire certain oil- and...
By: Clyde Russell – Reuters – The liquefied natural gas (LNG) industry has changed its tune from saying it is a transition fuel...
🛢️ Who really drives oil demand?
Just 2 countries burn 35% of the world’s crude.
This map is the demand side of the oil market.
In a world near 100M bpd of consumption, a handful of countries decide whether the market feels tight or oversupplied.
The scoreboard (million bpd,… pic.twitter.com/u3MedTmjHp
— Jack Prandelli (@jackprandelli) December 26, 2025
Texas Governor Greg Abbott has congratulated the Texas Legislature for passing House Bill 14, saying it will help revolutionize Texas’ energy sector and cement the state’s role in leading a nuclear power renaissance in the United States.

Major Indices | The S&P 500 closed down 0.03% at 6,929.94, though it reached a new intraday high of 6,945.77 earlier in the session. The Nasdaq Composite slipped 0.09% to close at 23,593.10, while the Dow Jones Industrial Average fell 20.19 points, or 0.04%, settling at 48,710.97.
Weekly Performance Despite today's modest declines, the S&P 500 posted a strong weekly gain of 1.4%, marking its fourth weekly advance in five weeks. Both the Dow and Nasdaq also gained more than 1% for the week.
Market Context Trading volume was light today as markets reopened after Christmas Day. Analysts noted that with limited corporate earnings reports and economic data during this period, trading was primarily driven by technical factors and positioning. The session fell within the traditional "Santa Claus rally" period.
Commodities Gold futures hit a new all-time intraday high of $4,579.60 per ounce, heading for its 54th record close in 2025. Silver futures also reached a new all-time intraday high of $76.15 per ounce.
With just three trading sessions remaining in 2025, the S&P 500 is approaching the 7,000 milestone, sitting about 1% below that level.
Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
The history of the global oil and gas industry is inextricably linked to the...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
Have your oil & gas questions answered by industry experts.
