Artificial Intelligence (AI) is increasingly pivotal in reshaping various sectors, including oil and gas. In this industry, traditionally characterized by high capital...
Story By Geert De Lombaerde |Oil & Gas Journal| Civitas Resources Inc., Denver, has signed agreements to sell two asset packages covering...
Story by Andreas Exarheas| RigZone.com |In a report sent to Rigzone late last week, analysts at J.P. Morgan said they now expect the...
The oil and gas industry stands at a pivotal juncture, navigating through escalating demands, fluctuating market dynamics, and an imperative transition towards...
By Matt Busse |Cardinal News| The Mountain Valley Pipeline’s lead developer said Tuesday it anticipates the natural gas project will have a...
Story by Matt Egan |CNN, via Yahoo News| Scott Sheffield, founder, and longtime CEO of American oil producer Pioneer Natural Resources, attempted...
In a recent announcement, Devon Energy, a prominent U.S. shale producer, disclosed that it had surpassed first-quarter profit expectations. This achievement comes...
In a pivotal announcement on Monday, Colorado Governor Jared Polis revealed a groundbreaking agreement between the oil and gas industry and environmental...
Brage is a producing conventional oil field located in shallow water in Norway. The Brage conventional oil field recovered 89.79% of its...
In short, geopolitical risk is still both large and intact, in our view ~Standard Chartered Story by Andreas Exarheas| RigZone.com | Recent oil...
The numbers: Applications for mortgages surged as homeowners jumped on lower rates to refinance their home loans.
The 30-year mortgage rate fell for the second week to the lowest level in a year.
The drop in rates pushed the market composite index — a measure of mortgage-application volume — up last week, the Mortgage Bankers Association said Wednesday.
The market index rose 16.8% weekly to 251.3 for the week ending August 9. A year ago, it stood at 193. The index is now at its highest level since January 2023.
U.S. stocks finished higher on Tuesday, with the S&P 500 and the Nasdaq Composite scoring their biggest four-day rally of 2024 after softer-than-expected producer-price data reinforced bets that the Federal Reserve will commence cutting interest rates in September.
The Dow Jones Industrial Average rose 408.63 points, or 1%, to end at 39,765.64, according to FactSet data.The S&P 500 gained 90.04 points, or 1.7%, to finish at 5,434.43, and the Nasdaq Composite advanced 407 points, or 2.4%, ending at 17,187.61.
The S&P 500 and the Nasdaq have posted gains for four consecutive trading sessions. Both indexes notched their biggest four-day percentage climb of 2024.
Tuesday’s advance added to the market's comeback from the stock selloff earlier this month, with the three major indexes further erasing their heavy losses from the Aug. 5 rout.
Investors now await Wednesday's consumer-price index figures for July and Thursday's retail-sales data to gauge the health of the U.S. economy and whether the Fed truly has a green light to cut rates in September
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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