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By: Aaron McDade – Newsweek – Officials from the Bureau of Land Management on Tuesday announced the approval of two solar energy...
By: Nilanjan Choudhury – Zacks – According to the U.S. Energy Information Administration’s (EIA) latest Drilling Productivity Report, oil output in the...
By: Derek Brower – Financial Times – The head of the largest US natural gas producer has said boosting American exports of...
By: Star Spencer – S&P Global Platts – The US oil and gas rig count jumped 16 to 716, energy analytics and...
By: Steve Lackmeyer – The Oklahoman – Harold Hamm announced Wednesday his personal foundation and Continental Resources are donating a combined $50...
By: Kurt Cobb – Resource Insights – Earth scientist David Hughes—who is out with a new skeptical report on the future of U.S....
By: Bloomberg – Pennsylvania is in the final stages of approving a new rule that would crack down on methane emissions from...
By: Reuters – Attempts to cut investment in oil and gas to combat climate change are “midguided,” OPEC Secretary General Mohammad Barkindo...
By: Garrett Hering – S&P Global Platts – Touting a series of unprecedented power grid reforms, additions of new generating facilities, and...
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.
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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...
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A small group of California Republicans has introduced several bills ahead of a special...
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The oil and gas industry is inherently tied to geopolitical events and domestic policy...
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