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...
Houston Chronicle – Banks are selling off loans and cutting credit lines to oil and gas companies to reduce their risk of...
U.S. stocks finished mixed on Tuesday with the S&P 500 posting its first back-to-back loss since early September as investors weighed rising Treasury yields amid concerns about an increase in deficit after the upcoming presidential election.
The Dow Jones Industrial Average finished nearly flat, at around 42,924 as of 4 p.m. Eastern time, according to FactSet data.
The S&P 500 lost less than 0.1%, to end near 5,851.
The Nasdaq Composite rose 0.2%, to finish around 18,573.
The yield on the 10-year Treasury advanced 2.5 basis points to 4.204%, while the 30-year rate rose less than 1 basis point to 4.493%. Both 10- and 30-year yields finished Tuesday’s session at their highest levels since July 25, according to Dow Jones Market Data.
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told...
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not...
President Donald Trump wasted no time reversing the country’s energy policies upon taking office,...
Canada is weighing its options for retaliating against incoming U.S. President Donald Trump’s proposed...
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders...
Argentina concluded 2024 with its largest energy trade surplus in nearly two decades, according...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from...
🟢 US oil and gas companies are expected to prioritize shareholder returns and limit...
Story By Arpan Rai | Ukrainian officials welcomed Donald Trump’s threat to sanction Russia harder, suggesting punitive...
Tsvetana Paraskova | OilPrice.com | President Trump’s ‘drill, baby, drill’ policy promises to unleash...
By Bloomberg|Joumanna Bercetche, Anthony Di Paola. | China is still driving growth in global...
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