By: Reuters – U.S. oil major Exxon Mobil Corp (XOM.N) is suing the European Union in a bid to force it to scrap...
Story by Jerry Bohnen| OK Energy Today. Oklahoma’s STACK play proved to be another source of success for Devon Energy as the...
Associated Press. Families hoping to catch a Southwest Airlines flight after days of cancellations, missing luggage, and missed family connections suffered through...
Story by Ines Ferré. From Yahoo Finance. Crude oil prices were on a roller coaster ride in 2022, going north of $130/barrel...
By: Reuters – The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic...
By: Midland Reporter-Telegram – There are many moving parts in putting together an oilfield deal. A new part added in recent years...
(Bloomberg) — Russia may reduce its oil output by 500,000-700,000 barrels a day in early 2023 in response to the Group of...
By: AP – Japan adopted a plan on Thursday to extend the lifespan of nuclear reactors, replace the old, and even build...
Scott DiSavino and Nia Williams – (Reuters) U.S. and Canadian natural gas production is expected to hit new records in 2023, but...
By Shankar Ramakrishnan, David French (Reuters) – Private U.S. oil and gas companies are increasingly turning to a niche financing structure that securitizes their...
U.S. stocks closed lower on Thursday as bond yields rose and investors waited to hear from Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium on Friday.
The Dow Jones Industrial Average fell about 177 points, or 0.4%, closing near 40,713, according to preliminary data.
The S&P 500 shed about 50 points, or 0.9%, to close around 5,570, logging its worst daily decline since Aug. 5, when it tumbled 3%.
The Nasdaq Composite lost about 299 points, or 1.7%, closing near 17,619.
"Powell is expected to lay the groundwork for the Fed’s first rate cut in over four years," Adam Turnquist, chief technical strategist at LPL Financial, wrote in emailed comments Thursday. "Signs of reduced pricing pressures and cooling economic growth will likely be enough for policymakers to start reducing the target rate."
According to Dow Jones Market Data, the 10-year Treasury yield jumped 8.5 basis points to 3.862%, notching its biggest daily gain in a week.
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has...
🟢 US oil and gas companies are expected to prioritize shareholder returns and limit...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from...
By Georgina McCartney (Reuters) – Top U.S. oilfield services firms are facing weaker pricing...
Story By Imma Perfetto | Originally published by Cosmos | In new insight into...
Infinity Natural Resources, Inc. (“Infinity”) has officially made its Wall Street debut, announcing the...
Chris Mathews | Hart Energy, via Yahoo Finance | Diamondback Energy will drop down billions of...
by Andreas Exarheas|RigZone.com| A fact sheet posted on the White House website on Tuesday stated...
Dealmaking in the U.S. oil and gas industry reached $105 billion in 2024 while...
US Energy Development Corporation (USEDC) is gearing up for a big year in 2025...
By Felicity Bradstock | OilPrice.com | Several U.S. oil and gas companies have warned that...
El Paso billionaire Paul Foster and his partners at Franklin Mountain Energy (FME), a...
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