By Mella McEwen – Midland Reeporter-Telegram – What had been a significant contraction in the Texas oil and gas industry was magnified...
By: Reuters – Marathon Petroleum (MPC.N) has agreed to sell its Speedway gas stations in the United States to Japanese retail group...
By: Scott Carpenter – Forbes – U.S. shale oil and gas producer Apache APA -1.4% Corporation has turned its focus to international investments after...
The Guardian – Royal Dutch Shell has reported a deep financial loss after a record writedown on the value of its oil...
By: Art Berman – Forbes – Oil production from the Bakken oil fields of North Dakota fell to a 7-year low of...
The Street – Denbury Resources (DNR) – shares rose Wednesday, after the oil and natural gas producer unveiled a prepackaged Chapter 11 bankruptcy...
By: Wood Mackenzie – Forbes – As Biden nudges ahead in the polls, the US oil and gas industry should prepare for...
By: Sergio Chapa – Houston Chronicle – Drilling rig towers may soon break the horizon of Lake Somerville, a popular reservoir 90...
CNBC – Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told...
By: Bryan Gruley, Kevin Crowley, Rachel Adams-Heard, and David Wethe – Bloomberg – Twenty years ago, before the U.S. oil industry became...
U.S. stocks finished higher on Tuesday, clawing back some losses from their worst day in nearly two years, as investors paused from concerns that the U.S. economy could be heading toward a recession.
The Dow Jones Industrial Average rose 0.8%, to end near 38,996, according to preliminary data from FactSet.
The S&P 500 was up 1%, to finish around 5,239.
The Nasdaq Composite ended 1% higher, at around 16,366.
The numbers: The trade deficit fell by 2.5% in June and receded from a 19-month high, owing to higher exports of aircraft and U.S.-produced oil and gas.
Government data showed that the deficit dropped to $73.1 billion in June from $75.0 billion in May.
Still, a bigger trade gap in the second quarter shaved 0.7 percent points off the 2.8% annual rate of growth in the second quarter. Higher deficits subtract from the gross domestic product.
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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