Story By Chris Matthews |Hart Energy| Oil and gas output growth from key U.S. basins is expected to slow next month, according...
By: AP – U.S. climate envoy John Kerry on Tuesday urged the world to be “very skeptical” about claims from oil and...
Story By Jov Onsat |RigZone.com|Pakistan’s prime minister has said the country received its first-ever Russian oil cargo at a discounted price. “Glad...
London – CNN — Goldman Sachs has slashed its forecast for oil prices by nearly 10%, citing weak demand in China and a glut of supply...
By: Reuters – Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day’s plunge. But gains...
Story by German Lopez | New York Times | With its open plains and thousands of miles of wheat fields, Kansas is...
By: San Antonio Current – Texas is suing the Environmental Protection Agency over its plan to control smog that drifts into other...
Story by Mella McEwen |Midland Reporter-Telegram| Analysts watching the frac spread count – the number of pressure pumping equipment crews at work...
Story By Hannah Grover | NM Political Report | A recent uptick in natural gas prices has made it more profitable to...
Scott DiSavino [REUTERS] U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week...
Stocks scored back-to-back gains on Tuesday as investors waited on an inflation update due Wednesday from the June consumer-price index. The Dow Jones Industrial Average posted a near 317-point gain, advancing 0.9%, to end near 34,260, according to preliminary FactSet data. That marks its biggest daily percentage gain since June 15, according to FactSet. The S&P 500 index closed up 0.7%, while the Nasdaq Composite Index gained 0.6%.
Stocks have been on the upswing ahead of a key inflation reading for June, with the consumer price index expected to show further progress in retreat from its peak above 9% last summer. The Federal Reserve has indicated it likely has a few more rate hikes on tap this year to help bring inflation down toward its 2% annual target. Investors also will be tuning into second-quarter earnings, which kick off in earnest later in the week with results from some of the nation’s biggest banks.
@exxonmobil signals profit drop, cites lower prices
Operating earnings dropped to about $7.8 billion, when surging oil and gas prices after Russia's invasion of Ukraine boosted global energy results to record levels.
Read more on https://t.co/F1Gjv1sWnn#OGNews #profit pic.twitter.com/FiznawwAi1
— OGN - Media for the Energy Future (@OGN_Online) July 11, 2023
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...
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 Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(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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