Story By Chris Matthews |Hart Energy| Fears of underinvesting in oil and gas are way off the mark, according to a new...
By: AP – The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at...
Story By Filip De Mott |Business Insider| The oil market is vulnerable to a shock as high-interest rates cause global inventories to...
By: Reuters – U.S. oil and gas production continued to trend higher through April – a delayed response to very high prices...
Story By Nia Williams – (Reuters) – The Trans Mountain pipeline expansion (TMX) was meant to unlock Asian markets for Canadian oil,...
Story By Jov Onsat |RigZone| Occidental Petroleum Corp. outpaced the stock market in the week’s opening session after billionaire Warren Buffet’s Berkshire...
By: Reuters – Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and...
By: Reuters – Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they...
Story By Mirna Alsharif and Christine Rapp |NBC News| As the extended 4th of July holiday weekend looms on the horizon, heat...
By: Carlsbad Current-Argus – Federal officials rejected a petition from New Mexico environmental groups to phase out oil and gas drilling on...
The Israeli military said on Saturday that it had killed Hassan Nasrallah, the longtime leader of Hezbollah, in an airstrike on the organization’s underground headquarters near Beirut on Friday. Hezbollah has not commented on the Israeli claim.
The announcement came after Israeli forces launched a series of new airstrikes in the same Hezbollah-dominated area, known as the Dahiya, sending more residents fleeing for safety. Israel’s military said the strikes were intended to destroy Hezbollah weapons caches.
The U.S. stock market closed mixed Friday, with the Dow Jones Industrial Average finishing at a record peak after investors parsed fresh data showing inflation continued to cool in August.
The Dow Jones rose 137.89 points on Friday, or 0.3%, to close at 42,313, notching its 32nd record close of the year.
The S&P 500 slipped 7.2 points, or 0.1%, to finish at 5,738.17.
The Nasdaq Composite shed 70.70 points, or 0.4%, to end at 18,119.59.
For the week, the Dow and S&P 500 each gained 0.6% while the technology-heavy Nasdaq climbed 1%. All three major U.S. stock benchmarks booked a third straight week of gains.
On Friday, destruction from Tropical Storm Helene stretched nearly 800 miles from South Florida into the mountains of Appalachia. The huge storm spawned flash floods and mudslides on its dash inland after bashing the Gulf Coast.
In the densely populated Tampa Bay region, neighborhood after neighborhood was underwater, resulting from a powerful storm surge. And across North Carolina, over two million people were under flash flood warnings at midday Friday.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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