A new regulation announced by the Biden administration on Thursday signifies cost escalation for oil and gas corporations seeking to drill on...
By: Reuters – A group of nearly 150 environmental justice groups urged the Biden administration on Wednesday to abandon talks with global...
(Reuters) – Halliburton Co (HAL.N) and Baker Hughes Co (BKR.O) on Wednesday reported results that beat analysts’ estimates for second-quarter profit, but the oilfield services firms...
By: Carlabad Current-Argus – Two new natural gas processing facilities recently began service in the Permian Basin as companies seek to match...
As a record-breaking heat wave bore down in June, extreme temperatures triggered a series of failures in West Texas’ gas supply infrastructure...
In a recent article by The Wall Street Journal titled “The Shale Industry Is Dropping Drilling Rigs Fast,” the authors Mari Novik...
By: CNBC – India’s ability to import more Russian oil may have hit a limit, analysts tell CNBC, citing infrastructural and political...
In the scorching midst of a nationwide heatwave, Death Valley National Park emerges as a fascinating and alluring destination. MarketWatch highlights the...
EOG Resources is a leading independent oil and gas producer in the United States. The company has been quietly developing a new...
By: Reuters – This week’s visit by U.S. climate envoy John Kerry to China after years of diplomatic disruptions could boost cooperation between the...
U.S. stocks ended lower on Thursday, putting a little more daylight between them and record territory claimed earlier in the week.
Investors have been focused on what Donald Trump's second presidential administration will look like, with several top cabinet picks emerging in recent days. But there's still much uncertainty on what to expect in 2025.
The Dow Jones Industrial Average fell about 207 points, or 0.5%, ending near 43,750, according to preliminary data from FactSet.
The S&P 500 index shed about 36 points, or 0.6%, closing around 5,949.
The Nasdaq Composite index retreated about 123 points, or 0.6%, finishing near 19,107.
Initial jobless claims fell by 4,000 to 217,000 in the week ending Nov. 9, the lowest level since May. This was better than the expected 1,000 decline to 220,000. Before seasonal adjustments, the number of new claims jumped by 16,735 to 229,478. The number of people already collecting unemployment benefits fell by 11,000 to 1.87 million.
Despite the mixed data, the overall picture suggests companies are not rushing to hire at the same pace as earlier in the year and are not aggressively laying off workers. Richmond Fed President Tom Barkin noted that employers are wary of being understaffed again after the pandemic. Economists believe the Federal Reserve's current policy approach of gradual tightening is appropriate given the strength in the labor market.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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