By: Reuters – Germany took control of a major Russian-owned oil refinery on Friday, risking retaliation from Moscow as Berlin strives to...
CARACAS, Venezuela (AP) — Venezuela has thrown back in prison the brother of the country’s former oil czar as part of an...
From MarketWatch: Food prices continued to rise in August, putting pressure on lower- and middle-income households in particular as inflation extends its...
Natural Gas Intel, by Carolyn Davis. SilverBow Resources Inc. has acquired 7,500 net acres in the Eagle Ford play of South Texas...
LONDON (Reuters) – Saudi Arabia and Russia, the de facto leaders of the OPEC+ oil producer group, see $100 a barrel as...
By: Private Equity News – Private equity firms that back oil and gas businesses are becoming increasingly vocal about the role the...
BY Rick Newman – Yahoo Finance. The war in Ukraine has turned against Russia and its authoritarian president, Vladimir Putin, with Ukrainian forces...
By: Liz Hampton – Reuters – The chief executive of Talos Energy has jumped to the forefront of the energy industry’s greenhouse...
Saudi Arabia’s Public Investment Fund is betting $412 million on tourism. The kingdom’s sovereign wealth fund agreed to acquire a 30% stake...
By: Kevin Schmidt – CNBC – Investing in ESGs has taken a controversial turn in recent weeks as some states have taken...
All three major stock indexes closed higher for the second time in six sessions on Thursday, fueled by weekly jobless claims that gave investors hope the U.S. labor market can continue to hold up.
Thursday's data was "soothing concerns over a U.S. economic recession,'' according to senior markets economist James Reilly at Capital Economics.
The Dow Jones Industrial Average finished up by 683.04 points, or 1.8%, at 39,446.49, based on preliminary data.
The S&P 500 closed up by 119.81 points, or 2.3%, at 5,319.31. On a percentage basis, it was the index's best day since Nov. 30, 2022.
The Nasdaq Composite closed up by 464.22 points, or 2.9%, at 16,660.02
The numbers: The number of Americans who applied for unemployment benefits last week sank to 233,000 and receded from nearly one year, suggesting layoffs remain quite low and that the labor market is still in good shape.
New claims fell by 17,000 in the seven days that ended Aug. 3 from 250,000 in the prior week, the government said Thursday. The latest reading marks a one-month low.
Economists polled by the Wall Street Journal had forecast new claims to total 240,000, based on seasonally adjusted figures.
A surge in new claims at the end of July appeared to stem mostly from people in Texas being unable to work after Hurricane Beryl.
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Diamondback Energy, Kinetik Holdings, and EPIC Midstream have announced a series of transactions designed...
Story By Andreas Exarheas|Rigzone.com| The natural gas market is impacted by a combination of...
In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax...
A federal judge has hit the pause button on new oil and gas drilling...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
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