Let’s dive into why Liquefied Natural Gas (LNG) is often seen as a game-changer in the shift from coal to cleaner energy...
Abigail Celaya and Madeline Nguyen |Arizona Republic| The eastbound lanes of Interstate 40 at Chambers, Arizona, remained closed Saturday evening after a...
In the current landscape of the energy sector, the staggering investments exceeding $100 billion by the two largest oil companies in the...
The latest pursuit of oil exploration in the ecologically delicate Apalachicola River basin has ignited a renewed wave of opposition, as environmentalists...
Story by Andreas Exarheas| RigZone.com | In a release sent to Rigzone this week, Enverus Intelligence Research (EIR) outlined that U.S. upstream merger...
Recent legal actions have arisen in Denver and Colorado as building owners, hoteliers, and real estate developers oppose new environmental mandates they...
In March, the upstream sector of the Texas oil and natural gas industry achieved unprecedented growth, setting a new record for job...
By Tsvetana Paraskova |OilPrice.com| Halliburton Company (NYSE: HAL) booked slightly higher-than-expected adjusted earnings for the first quarter, driven by rising international demand for...
As the landscape of U.S. oil exports evolves, ambitious projects like the Sea Port Oil Terminal (SPOT) spearheaded by Enterprise Products Partners...
Story By Jennifer A. Dlouhy | Bloomberg | via RigZone.com | The Biden administration on Friday finalized a plan to prevent 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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