Reuters – For the last five years, U.S. shale oil producers have been battling suppliers for lower costs and running equipment and...
Midland Reporter-Telegram – Two more Houston energy companies slashed spending and dividends Thursday after oil prices crashed earlier this week. Apache Corp....
CNBC – Oil dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and...
By: Jack Money The Oklahoman – Pandemic fears and a global energy war are poised to wreak havoc on Oklahoma’s oil and...
Financial Post – Chevron said it is looking at ways to cut spending, which could lead to lower near-term oil and gas...
The Washington Post – Wall Street was under siege Monday as a coronavirus-fueled oil war sent crude prices plummeting more than 20...
The Dallas Morning News – Dallas City Hall owes gas driller Trinity East Energy $44.5 million — and counting. That’s according to...
Bloomberg – Troubled oil and gas companies may have a hard time persuading their banks to keep extending credit as the outlook...
EIA – U.S. natural gas consumption increased by 3% in 2019, reaching a record of 85.0 billion cubic feet per day (Bcf/d), according...
S&P Global Platts – Multiple operators in the SCOOP/STACK look to cut capital expenditures and oil and gas production volumes in 2020...
U.S. stocks finished higher on Monday as Wall Street geared up for a busy week packed with quarterly earnings from megacap technology companies.
The Dow Jones Industrial Average rose 273.17 points, or 0.7%, to end at 42,387.57. It was the largest one-day point and percentage gain since Oct. 16.
The S&P 500 was up 15.40 points, or 0.3%, to finish at 5,823.52.
The Nasdaq Composite gained 48.58 points, or 0.3%, ending at 18,567.19.
Monday's stock market rally came as oil futures suffered their largest daily percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did not hit crucial oil facilities.
The S&P 500's energy sector was the worst performer on the large-cap benchmark index, off 0.7%, according to FactSet data.
Looking ahead, five of the so-called Magnificent Seven companies are scheduled to report their earnings results this week. Google parent Alphabet Inc. is scheduled to report on Tuesday, followed on Wednesday by Microsoft Corp. and Meta Platforms Inc. Apple Inc. and Amazon.com Inc. will report on Thursday.
The Permian Basin continues to dominate the U.S. oil production landscape, while other maturing...
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told...
Story by Bloomberg|Mia Gindis | Oil slipped from a five-month high as Hamas and Israel tentatively...
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...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders...
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has...
Tsvetana Paraskova for Oilprice.com | Canada has drafted a list of U.S. goods worth...
Argentina concluded 2024 with its largest energy trade surplus in nearly two decades, according...
Story By Arpan Rai | Ukrainian officials welcomed Donald Trump’s threat to sanction Russia harder, suggesting punitive...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from...
Have your oil & gas questions answered by industry experts.