Devon Energy (DVN.N) announced on Monday its strategic move to acquire Grayson Mill Energy, a major Bakken-focused energy producer owned by private...
[From Geo.TV] According to state-run APP, a group of local and international oil and gas exploration and production (E&P) companies is ready...
Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, is to temporarily pause on-site construction work at its 820,000 tonnes a year...
Bolivian state energy firm YPFB is actively seeking to revitalize the country’s struggling oil and gas sector by attracting new investments and...
Story Credit: MarketWatch.com | Happy birthday, America! Thursday marks the 248th anniversary of ratifying the Declaration of Independence — and the Fourth...
This week marks a significant technological milestone at the Railroad Commission of Texas with the launch of State Tracking and Reporting (LoneSTAR)....
Story By Ed Pearcey |Global Data|via Yahoo News| The budget committee of the US Senate has started an investigation into suspicions of...
Over the past few years private equity funds have been finding it difficult to attract investors to the oil and gas sector....
Story By Breck Dumas |Fox News, via Yahoo News| A significant share of Americans who own an EV electric vehicle have buyer’s remorse,...
Story By Tsvetana Paraskova |OilPrice.com| Proponents of critical minerals as the way to have a world running solely on renewables and electric...
U.S. stocks closed higher Friday, with the S&P 500 and technology-heavy Nasdaq Composite each posting its biggest weekly jump since November ahead of the Federal Reserve’s policy meeting.
The Dow Jones Industrial Average rose 297.01 points Friday, or 0.7%, to close at 41,393.78.
The S&P 500 climbed 30.26 points, or 0.5%, to finish at 5,626.02.
The Nasdaq advanced 114.30, or 0.7%, to end at 17,683.98.
For the week, the Dow gained 2.6%, the S&P 500 rallied 4%, and the Nasdaq jumped 6%. According to Dow Jones Market Data, the S&P 500 and Nasdaq each saw their largest weekly percentage gain since the stretch ending Nov. 3.
Investors are looking ahead to the Fed’s two-day policy meeting next week, which will conclude Wednesday with its highly anticipated decision on where to set interest rates. At last check, according to the CME FedWatch Tool, after the closing bell on Friday, traders were pricing in a 55% chance the Fed will lower its policy rate by a quarter percentage point and a 45% probability of a larger, half-point rate cut.
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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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...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
A small group of California Republicans has introduced several bills ahead of a special...
Helium is the second most abundant element in the universe after hydrogen. It is a...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
By Irina Slav for Oilprice.com | Crude oil prices moved higher today after the...
The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC),...
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