Erin Douglas – Houston Chronicle: Texas’ energy sector is slowing down. Energy companies’ profits profits plunged last quarter, prices for crude are stuck in...
By Tyler Crowe– Ball Morse Lowe, PLLC. ~ Time, title, possession, ownership interest. The four elements of joint tenancy have endured throughout real property ownership...
By Tsvetana Paraskova for Oilprice.com – A year ago, the Powder River Basin in northeastern Wyoming was thought to be the next hot...
By Jordan Blum – Houston Chronicle – Some of the top oil producers in the booming Permian Basin reported mixed financial results...
From The Oklahoman – Oil and natural gas production in Oklahoma is likely to continue increasing even as companies further cut the...
By Scott DiSavino – (Reuters) – U.S. natural gas demand is at an all-time high and expected to keep rising – and...
Jordan Blum – Houston Chronicle – Big Oil companies such as Exxon Mobil and Chevron are surpassing their smaller shale drilling rivals...
The Haynesville/Bossier Shale, located in East Texas (Railroad Commission of Texas District 6) and Western Louisiana, is a hydrocarbon-producing geological formation capable...
Bobby Magill – Bloomberg – Oil drilling in Nevada is a risky bet—the geology is complicated and drillers say the odds are...
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All three major stock indexes closed higher for the second time in six sessions on Thursday, fueled by weekly jobless claims that gave investors hope the U.S. labor market can continue to hold up.
Thursday's data was "soothing concerns over a U.S. economic recession,'' according to senior markets economist James Reilly at Capital Economics.
The Dow Jones Industrial Average finished up by 683.04 points, or 1.8%, at 39,446.49, based on preliminary data.
The S&P 500 closed up by 119.81 points, or 2.3%, at 5,319.31. On a percentage basis, it was the index's best day since Nov. 30, 2022.
The Nasdaq Composite closed up by 464.22 points, or 2.9%, at 16,660.02
The numbers: The number of Americans who applied for unemployment benefits last week sank to 233,000 and receded from nearly one year, suggesting layoffs remain quite low and that the labor market is still in good shape.
New claims fell by 17,000 in the seven days that ended Aug. 3 from 250,000 in the prior week, the government said Thursday. The latest reading marks a one-month low.
Economists polled by the Wall Street Journal had forecast new claims to total 240,000, based on seasonally adjusted figures.
A surge in new claims at the end of July appeared to stem mostly from people in Texas being unable to work after Hurricane Beryl.
A small group of California Republicans has introduced several bills ahead of a special...
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...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
Helium is the second most abundant element in the universe after hydrogen. It is a...
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