By: Bloomberg via Yahoo – The Texas wildcatters that ushered in America’s shale revolution are resisting the temptation to pump more oil...
By: Liz Hampton – Reuters – With crude prices at their highest levels in years, U.S. oil drillers are trying to boost...
By: Clifford Krauss – NYT – A Russian invasion of Ukraine could drive up already high oil and natural gas prices, prolonging...
By: Jack Money and Dale Denwalt – The Oklahoman via Yahoo News – Frustrated customers potentially on the hook for billions of...
By: Isla Binnie & David French – Reuters – Can oil bankers learn renewable tricks? They may need to in this climate,...
By: David Wethe & Tom Maloney – Bloomberg – Harold Hamm said he’s retaining full control of shale driller Continental Resources Inc....
By: Christopher M. Matthews – WSJ – The world’s big Western oil companies like Exxon Mobil Corp. and Chevron Corp. are back...
By: Liz Hampton – Reuters – As U.S. oil rises toward $100 a barrel, producers in some high-cost shale basins are buying...
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By: Collin Eaton – WSJ – The end of the oil boom is in sight for America’s fracking companies. Less than 3½...
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.
A small group of California Republicans has introduced several bills ahead of a special...
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...
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...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
Helium is the second most abundant element in the universe after hydrogen. It is a...
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