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By Collin Eaton, HOUSTON (Reuters)–Medium-sour crude from the U.S. Gulf of Mexico are being snapped up by overseas buyers, paving way for...
What is forced pooling? Compulsory pooling, also known as forced, statutory or mandatory pooling, forces landowners —who do not wish the mineral...
By David Wethe – (Bloomberg) — An obscure Texas company has bid $450 million to acquire the Hanging H Ranch in one...
Wall Street Journal – By Becky Yerak –White Star Petroleum LLC, founded by late oilman Aubrey McClendon, filed Tuesday for chapter 11, days...
By Marsha Breazeale – Oilpatchpress.com When the decimal on your check for a gas well does not match the decimal on the...
Tom Metcalf just penned an article this week at Bloomberg, comparing the wealth of John D. Rockefeller, the oil magnate usually considered...
Dom DiFurio, Dallas Morning News – Pioneer Natural Resources laid off 230 employees Tuesday as the Irving-based driller works to cut $100...
Red Wolf Natural Resources, LLC (“Red Wolf”), a newly formed oil and gas exploration and production company, today announced it has acquired...
Over 10 years ago, in 2008, the natural gas-heavy San Juan, centered around the town of Farmington, was the hot oil and...
U.S. stocks finished mostly higher on Tuesday as investors prepared for the Federal Reserve’s first interest-rate cut since 2020.
The S&P 500 was up 1.49 points, ending flat at around 5,634.58. It briefly touched its previous all-time closing high of 5,667.20 in the morning session. The large-cap benchmark index has risen for seven straight days, scoring its largest seven-day point and percentage gain since August 21.
The Dow Jones Industrial Average lost 15.90 points, or less than 0.1%, to remain nearly flat at 41,606.18. This snapped the blue-chip index's four-day winning streak.
The Nasdaq Composite rose 35.93 points, or 0.2%, ending at 17,628.06.
The Federal Reserve is set lower interest rates on Wednesday at the conclusion of its two-day policy meeting. While a rate cut is widely expected, Wall Street is still split between predicting a 25-basis-point cut and one of 50-basis-point cuts.
The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC),...
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...
Helium is the second most abundant element in the universe after hydrogen. It is a...
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...
In a recent interview, Lorenzo, the CEO of Baker Hughes, shed light on the...
Chris Matthews from Hart Energy, who covers the North American upstream shale energy industry...
A growing number of U.S. and Canadian regional banks are rapidly increasing their presence...
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