By: Ella Nilsen – CNN – The Biden administration has once again put a pause on new leases and permits for federal...
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...
By: Bloomberg – European power prices extended last week’s drop, tracking natural gas futures lower as Russian supplies of the fuel are...
U.S. stocks closed higher Friday to book their best weekly advance since November.
Strong retail sales data Thursday helped offset concerns about pockets of potential weakness in the U.S. economy. The rally had stocks back on the doorstep of record territory and investors eager to hear more from Federal Reserve Chair Jerome Powell at next week's economic summit in Jackson Hole, Wyo.
The Dow Jones Industrial Average added 96.70 points, or 0.2%, ending at 40,659.76, while the S&P 500 gained 11.03 points, or 0.2%, closing at 5,554.25. The Nasdaq Composite gained 37.22 points, or 0.2%, finishing at 17,631.75
Here's the weekly recap:
According to Dow Jones Market Data, the Dow gained 2.9%, the S&P 500 rose 3.9%, and the Nasdaq climbed 5.3%. Each logged its biggest weekly advance since November.
The Dow and S&P 500 finished less than 2% from their previous record closes.
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
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...
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...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
A small group of California Republicans has introduced several bills ahead of a special...
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