By Kelly Gilblom – Bloomberg – When BP Plc announced its historic exit from Alaska, Chief Executive Officer Bob Dudley pointed to...
Forbes – Jude Clemente – Ever since the U.S. shale revolution took flight in 2008, it’s been a consistent theme: not just...
By Jennifer Hiller, Reuters – MIDLAND, Texas––Chevron Corp. is turning to joint ventures and drilling alliances in its bid to dominate the...
By Associated Press – New York Post—Employee activism and outside pressure have pushed big tech companies like Amazon, Microsoft and Google into...
CNBC—The Trump administration and the U.S. Environmental Protection Agency may be weakening methane emissions rules for natural gas producers affecting private and public lands,...
MEXICO CITY (David Alire Garcia – Reuters) – When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico’s southern...
By Liz Hampton – Reuters – U.S. oil and gas activity in some of the largest producing regions is declining, led by...
By Jessica Corso, San Antonio Business Journal – San Antonio-based Ageron Energy LLC submitted three drilling permits last week, putting it on pace...
According to North Dakota production data, the length of time that an oil well has been drilled but remains uncompleted—meaning it has...
By Corey Jones Tulsa World – A study examining why Oklahoma is susceptible to man-made earthquakes has documented faults in the state’s...
The U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 1. EIA HERE
U.S. stocks completed a momentous trading session on Wednesday, with investor optimism over Donald Trump's presidential election victory fueling the most significant post-election jump in the Dow Jones Industrial Average in over 100 years.
Wednesday's advance in all three major U.S. stock indexes came despite a spike in Treasury yields, led by a 15.3-basis-point rise in the 30-year rate.
Based on preliminary data, the Dow Jones Industrial Average closed up 1508.05 points, or 3.6%, at a new record close of 43,729.93.
The S&P 500 closed up by 146.28 points, or 2.5%, at 5,929.04.
The Nasdaq Composite ended up by 544.29 points, or almost 3%, at 18,983.47.
The small-cap Russell 2000 Index finished up by roughly 129 points, or 5.7%, at around 2,390 for its largest one-day point gain on record.
At Janus Henderson Investors, Marc Pinto, head of Americas equities, and Lucas Klein, head of EMEA and Asia Pacific equities, said the surprisingly straightforward U.S. election results may provide additional fuel for U.S. stocks through year-end. However, they said, it remains to be seen how policy will impact future earnings—the real driver of long-term returns.
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By Alejandra Martinez | The Texas Tribune | FORT WORTH — Republican Christi Craddick cruised...
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[S&P Global] – Asian oil buyers are set to witness significantly more opportunities to...
In yesterdays elections, both Oklahoma and Texas have chosen leaders for their respective energy...
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Credit: Story by Bloomberg|Sam Kim| South Korea is considering boosting energy imports from the...
Three of the U.S.’s most oil-rich producing basins have also seen a notable rise...
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