By: Evening Standard – US President Joe Biden is facing a dilemma in the fight over a large-scale oil project in Alaska. The Biden administration is...
By: Forbes – Calgary-based Baytex Energy Corp. announced on Tuesday that is has agreed to acquire Eagle Ford Shale pure-play Ranger Oil Corp....
Story by Filip De Mott. Business Insider. As much as 1.9 million barrels of Russian diesel have been put into floating storage...
By: HART Energy – Private equity firm Quantum Energy Partners is backing a new iteration of Bison Oil & Gas to pursue...
By: Reuters – Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil...
By: Reuters – Next month the European parliament is expected to vote on landmark legislation that would put a new onus on...
Story by Velda Addison. Hart Energy. American Electric Power Co. (AEP) has agreed to sell its unregulated renewables portfolio of wind and...
By: Reuters – U.S. oil and gas producer EOG Resources (EOG.N) on Friday said it had no plans to alter its strategy around...
By: Reuters – Ecuador’s oil industry will return to normal operations within three weeks, the government predicted on Friday after the energy...
By: The Guardian – The head of the International Energy Agency has warned that the “energy battle” between Europe and Russia is not over,...
Hours after three Israeli women were released from captivity in Gaza on Sunday, roughly 90 Palestinian prisoners were freed, Israel’s prison service said in a statement early Monday morning, as a long-awaited cease-fire agreement between Israel and Hamas went into effect. The truce prompted celebrations in Gaza, relief for families and hope for an end to a devastating 15-month war.
Al Jazeera, the Qatar-funded Arabic broadcaster, streamed footage of Red Cross buses ferrying prisoners out of Ofer prison near Jerusalem after midnight on Monday.
U.S. stocks ended up Friday, the last day of trading under U.S. President Joe Biden, as investors headed into a three-day weekend that will see Donald Trump inaugurated Monday.
The Dow Jones Industrial Average rose 334.70 points, or 0.8%, to close at 43,487.83.
The S&P 500 rose 59.32 points, or a sharp 1%, to finish at 5,996.66.
The Nasdaq Composite rallied 291.91 points, or 1.5%, to end at 19,630.20.
For the week, all three indexes booked gains as investors appeared relieved by a retreat in Treasury yields. The Dow booked a 3.7% weekly gain, while S&P 500 climbed 2.9% and the technology-heavy Nasdaq advanced 2.4%, according to Dow Jones Market Data. The Dow and S&P 500 each had their best week since early November, when Trump’s victory in the U.S. election sparked a strong rally.
In the bond market, the yield on the 10-year Treasury note fell 16.1 basis points this week to 4.610%, according to Dow Jones Market Data. The U.S. stock and bond markets will be closed Monday in honor of Martin Luther King Jr. Day.
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy...
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly...
Chevron Corporation has announced plans to lay off approximately 600 employees at its former...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
As oil prices sink to their lowest levels in four years and the risk...
by Andreas Exarheas|RigZone.com|Where next for oil prices? That’s the question Stratas Advisors looked at in...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
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