By Stephen Clayman – When credit is cheap, commodity prices are adequate, and the wells are economic, it is easy for an...
Reuters – Texas oilman Mike Shellman has kept his MCA Petroleum Corp going for four decades, drilling wells through booms and busts...
By: Kevin Crowley & Rachel Adams-Heard at Bloomberg – One of the biggest Texas shale explorers warned it will halt all drilling...
By Ryan Dezember and Vipal Monga, Wall Street Journal –ENERGY: Canceled orders were mounting when Texland Petroleum LP recently decided to shut in each of...
NEW YORK (Reuters) – Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to...
Jordan Blum – S&P Global Platts – HOUSTON — US commercial crude storage could hit its capacity in mid-May as refinery demand and...
Reuters – Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time...
AXIOS – Pain in the U.S. oil patch from the coronavirus outbreak is no longer on the horizon. It’s here, and several...
Williston Herald – A University of North Dakota economist anticipates that it won’t take as long for the Bakken to recover from...
CNBC – Some of the world’s largest oil producers will meet to discuss a historic production cut later this week, with energy...
U.S. stocks finished lower on Tuesday as Wall Street took a hiatus from a postelection rally that propelled the major stock indexes to all-time highs.
The Dow Jones Industrial Average lost 382.15 points, or 0.9%, to end at 43,910.98. According to Dow Jones Market Data, this was the largest one-day point decline since Oct. 23.
The S&P 500 was off 17.36 points, or 0.3%, to finish at 5,983.99. The large-cap benchmark index snapped a five-session winning streak and logged its worst day since Oct. 31.
The Nasdaq Composite ended down less than 0.1%, leaving it nearly flat at 19,281.40. It was the largest one-day point and percentage decline since Nov. 4, according to Dow Jones Market Data.
Stocks viewed as beneficiaries of Donald Trump's return to the White House struggled on Tuesday. The small-cap Russell 2000 index finished down nearly 1.8%, and shares of Tesla Inc. tumbled 6.2%.
Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between...
Thanksgiving Day, 6:42 a.m. The faint glow of sunrise illuminated the empty parking lot...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with...
Story By Mella McEwen | Midland-Telegram Reporter |Devon Energy has begun detailing the results...
Donald Trump’s transition team is preparing to make energy a top priority, aiming to...
ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed...
ConocoPhillips has recently made headlines with its acquisition of Marathon Oil, a move that...
By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed...
U.S. natural gas producers are gearing up to boost output in 2025 after a...
HOUSTON (Reuters) – Norwegian-headquartered Crown LNG is racing against time to develop and start...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to...
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