By: Christopher M. Matthews – WSJ – For years, Exxon Mobil Corp. didn’t have to pay much attention to investors because of its...
By: Reuters – Cabot Oil & Gas Corp (COG.N) and Cimarex Energy Co (XEC.N) on Monday agreed to merge to form a U.S. oil and...
Business Wire – Kayne Anderson Energy Funds is pleased to announce the all-equity consolidation of Casillas Petroleum Resource Partners, LLC, Native Exploration...
By: Ian Palmer – Forbes – Fracking operations are at the center of the shale revolution which has transformed the US energy...
By: Nina Chestney – Reuters – Investors should not fund new oil, gas, and coal supply projects if the world wants to...
By: Michael O’Boyle & Sridhar Natarajan – Bloomberg – It’s a Wall Street nightmare. You score hundreds of millions of dollars on...
By: Eklavya Gupte – S&P Global Platts – Global investment bank JPMorgan Chase, which is one of the largest financiers to the...
By: Sara Sneath – The New Orleans Advocate – The Louisiana House of Representatives has unanimously passed a bill to exempt oil...
By: Adrian Hedden – Carlsbad Current-Argus – Smaller oil and gas operators could be unfairly burdened by the State of New Mexico’s recently...
By: Mary-Ann Russon – BBC – The Colonial Pipeline carries 2.5 million barrels a day – 45% of the East Coast’s supply...
Oil prices settled nearly 5% down on Tuesday at their lowest levels in nearly nine months on signs of a deal to resolve a dispute that has halted Libyan crude production and exports.
Brent crude futures closed down $3.77, or 4.9%, at $73.75 a barrel, their lowest level since Dec. 12. West Texas Intermediate crude futures (WTI) , which did not settle on Monday because of the U.S. Labor Day holiday, fell $3.21, or 4.4%, to $70.34 - also their lowest since December.
Brent closed down 0.3% last week, while WTI settled 1.7% lower.
Libya's legislative bodies have agreed to appoint a new central bank governor within 30 days after U.N.-sponsored talks, a statement signed by representatives of those bodies said on Tuesday.
U.S. stocks finished sharply lower on Tuesday, kicking off a historically tough month for the market. Investors assessed weak manufacturing data that reignited concerns over an economic slowdown.
According to preliminary data from FactSet, the Dow Jones Industrial Average fell 1.5% to end near 40,936.
The S&P 500 was off 2.1% to finish around 5,529.
The Nasdaq Composite tumbled 3.3%, ending near 17,136.
The three benchmark indexes suffered their worst day since the Aug. 5 market meltdown.
A Russian missile strike in the eastern Ukrainian city of Poltava on Tuesday killed at least 41 people and injured another 180, President Volodymyr Zelensky said, in the latest in a series of devastating strikes on Ukrainian cities.
Two ballistic missiles hit a military educational institution in the city, Mr. Zelensky said, as well as a neighboring hospital, trapping people under the rubble. A search and rescue operation was underway.
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...
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...
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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