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...
By: Reuters – Britain’s windfall tax on oil and gas producers will not be applied if prices drop below certain levels for...
By Chris Matthews |Hart Energy| In a rare natural gas deal, a private investor group led by family offices has taken ownership...
The international engineering company Wood Group has expanded its oil and gas business and dramatically shrunk its renewables operations after receiving a...
Sales of big-ticket manufactured goods and overall U.S. business investment showed signs of revival toward the end of 2024, but it’s unclear whether a two-year industry slump is ending.
Orders for durable goods omitting transportation rose 0.3% in December and increased for the fourth time in the past five months. Durable goods are items such as computers and appliances meant to last at least three years
Overall orders fell 2.2% in the month, but almost entirely because of a decline in bookings for Boeing aircraft.
The ups and downs of the struggling U.S. plane manufacturer has skewed the headline durable-goods number for more than a year.
American manufacturers hope for bigger things in 2025, but not all the headwinds have died down. Interest rates remain high because of lingering inflation and some of Trump’s threatened tariffs could exacerbate price pressures.
Meanwhile, the emergence of Chinese startup DeepSeek, which has cheaply trained high-performing artificial-intelligence models, raised concerns about the outlook for AI-related spending and power needs.
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...
Have your oil & gas questions answered by industry experts.