By: Janelle Stecklein – Claremore Daily Progress – Oklahoma’s coffers are reaping the benefits of soaring oil and gas prices, bringing in...
(Bloomberg) — Pakistan’s energy crisis looks set to drag on for months after another failed attempt by the nation to import gas....
By: Reuters – More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower...
Story: OilPrice.com, by Matthew Smith. A lack of major oil discoveries and meager proven reserves of 2 billion barrels saw Colombia look to hydraulic fracturing as...
By: Adrian Hedden – Carlsbad Current-Argus – Oil companies continued to spend hundreds of millions of dollars to purchase land on New...
Matt McGrath, BBC News. Finnish researchers have installed the world’s first fully working “sand battery” which can store green power for months...
By: Reuters – U.S. exports of liquefied natural gas (LNG) in June fell to the lowest in four months, data from Refinitiv...
Failing US electricity grids could be the next vulnerability in the supply chain for oil, energy trader Brynne Kelly says. Most of...
(Reuters) The second-biggest U.S. liquefied natural gas (LNG) export facility hit by fire earlier this month will not be allowed to repair...
By: James Osborne – Houston Chronicle – The U.S. Supreme Court ruled Thursday that an Obama-era rule forcing power plants to curtail carbon...
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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