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By: John M. Nelson – Haute Lawyer – After two years of negotiations, Ovintiv Inc. has agreed to pay $19.5 million to...
By: Josyana Joshua – BNN Bloomberg – Low-carbon fracking—as oxymoronic as it sounds—is gaining traction across the U.S. But since it still...
By: Mella McEwen – Midland Reporter-Telegram – In recent years, Tim Dunn, chief executive officer of CrownQuest Operating, has seen public companies...
Three local men including a former Continental Resources employee who were accused of diverting unclaimed royalties to enrich themselves recently pleaded guilty...
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By: David French & Arathy Nair – Reuters – ConocoPhillips (COP.N) is offering to sell about $500 million in conventional oil and gas...
Press Release – US DOJ – Devon Energy Corporation, an Oklahoma-based oil and natural gas exploration and production company, and its affiliates,...
By: Reuters – Goldman Sachs raised its forecast for year-end Brent crude oil prices to $90 per barrel from $80, as a...
By: Bozorgmehr Sharafedin – Reuters – Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw...
Oil prices settled down by $1 a barrel on Wednesday after the U.S. government revised sharply lower a set of employment statistics closely watched by investors.
Brent crude futures settled down $1.15, or 1.49%, at $76.05 a barrel. U.S. West Texas Intermediate crude futures settled $1.24 lower or 1.69% at $71.93.
Stocks finished with modest gains Wednesday, buoyed after the S&P 500 snapped an eight-day winning streak in the previous session.
A revision of U.S. jobs data in the 12 months through March showed the U.S. economy added 818,000 fewer jobs than previously estimated over that period -- a large change that underlined worries over the state of the jobs market but was less than the 1 million figure some economists had forecast.
Minutes of the Federal Reserve's July meeting affirmed that most policymakers were prepared to cut rates in September if data remained on track.
According to preliminary figures, the Dow Jones Industrial Average rose 55 points, or 0.1%, to close at 40,894. The S&P 500 gained 0.4% to end near 5,621, while the Nasdaq Composite advanced 0.6%, finishing near 17,919.
The U.S. economy added far fewer jobs in 2023 and early 2024 than previously reported, a sign that cracks in the labor market are more severe — and began forming earlier — than initially believed.
On Wednesday, the Labor Department said that monthly payroll figures overstated job growth by roughly 818,000 in the 12 months that ended in March. That suggests employers added about 174,000 jobs per month during that period, down from the previously reported pace of about 242,000 jobs — a downward revision of about 28 percent.
Helium is the second most abundant element in the universe after hydrogen. It is a...
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
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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...
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A small group of California Republicans has introduced several bills ahead of a special...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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