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...
By: Reuters – Top energy executives this week urged a more cautious transition of energy policy away from oil and gas, but...
By: J. Robinson – S&P Global Platts – Winter forward basis at East Texas natural gas hubs is down sharply since the...
By: Felicity Bradstock – OilPrice.com – The Covid-19 pandemic led to hundreds of thousands of job losses in the global energy sector...
By: Seeking Alpha – Goodrich Petroleum (GDP) has agreed to be acquired by Paloma Partners VI Holdings (an affiliate of EnCap Energy Capital Fund...
By: William Watts – Marketwatch – Oil futures can shake off a breathtaking Black Friday plunge and then some, testing $125 a...
In the oilfield’s present-day context of wrenching anxiety over the policies of the Biden administration, historians find the example of the old-time...
Global oil markets turned red quickly after Black Friday. WTI futures in New York and Brent in London plummeted more than 12% from...
U.S. stocks finished higher on Tuesday, with the S&P 500 and the Nasdaq Composite scoring their biggest four-day rally of 2024 after softer-than-expected producer-price data reinforced bets that the Federal Reserve will commence cutting interest rates in September.
The Dow Jones Industrial Average rose 408.63 points, or 1%, to end at 39,765.64, according to FactSet data.The S&P 500 gained 90.04 points, or 1.7%, to finish at 5,434.43, and the Nasdaq Composite advanced 407 points, or 2.4%, ending at 17,187.61.
The S&P 500 and the Nasdaq have posted gains for four consecutive trading sessions. Both indexes notched their biggest four-day percentage climb of 2024.
Tuesday’s advance added to the market's comeback from the stock selloff earlier this month, with the three major indexes further erasing their heavy losses from the Aug. 5 rout.
Investors now await Wednesday's consumer-price index figures for July and Thursday's retail-sales data to gauge the health of the U.S. economy and whether the Fed truly has a green light to cut rates in September
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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