By: John Kemp – Reuters – President Joe Biden’s request for an investigation into anti-competitive behavior in the oil and gas markets...
By: Pippa Stevens – CNBC – President Joe Biden is asking the Federal Trade Commission to look into behavior from energy companies...
By: Payton May – KOKH – On Tuesday the Biden Administration announced plans to introduce stronger regulations on oil and gas wells....
By: Brandon Evans – Nathan Hasbrook – S&P Global Platts – Merger and acquisition activity among US shale operators surpassed a seven-year...
By: Robert Perkins – S&P Global Platts – Top energy majors have yet to see their oil and gas production recover from...
By: Michael Lynch – Forbes – An old joke about the economy goes that when your neighbor loses his/her job, it’s a...
By: Emma Graham – Hadley Gamble – Natasha Turak – CNBC – Former Energy Secretary Rick Perry on Sunday attacked the Biden...
By: Laurie Goering and Sebastian Rodriguez – Reuters – In late July, Costa Rica’s legislature was scheduled to vote on a bill...
By: Liz Hampton, and Sabrina Valle – Reuters – U.S. shale producers’ decision this year to resist pumping more oil even as...
By: Karl W. Smith – Bloomberg – U.S. President Joe Biden is pushing for a temporary increase in oil and gas production at...
U.S. stocks ended higher on Monday, building on last week's gains.
According to Dow Jones Market Data, the Dow Jones Industrial Average climbed 236.77 points, or 0.6%, to end at 40,896.53 for its fifth straight daily gain.
The S&P 500 gained 54.00 points, or 1%, to 5,608.25 for its eighth straight daily gain — logging its longest winning streak since November 8, 2023, when the market rose for eight straight trading days. The index also notched its largest eight-day percentage gain since March 24, 2022.
The Nasdaq Composite rose 245.05 points, or 1.4%, to finish at 17,876.77 for its eighth straight daily gain — recording its longest winning streak since December 19, 2023, when the market rose for nine straight trading days. The index also exited correction territory on Monday after only 11 trading days, the shortest correction for the index since the one ending October 11, 2011, which lasted six trading days.
Based on data since 1971, the Nasdaq Composite saw an average gain of 0.3% in the week after exiting correction territory and an average rise of 23.6% one year after such a move.
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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