The Texas oil field boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U.S. state of...
(Bloomberg Opinion) — U.S. crude oil production is on track this year to blast through the all-time annual record of 3.52 billion barrels set in...
HOUSTON (Reuters) – Felix Energy LLC, a closely held Denver-based oil producer with operations in the largest U.S. shale field, is exploring...
David Blackmon Contributor, Forbes. ~On Friday, Secretary of Energy and former Texas Governor Rick Perry traveled to San Antonio to participate in the...
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If a landowner wishes to benefit financially from minerals lying below the surface, the owner can split or sever the property into...
HOUSTON/NEW YORK (Reuters) – Blackstone Group has agreed a deal to acquire Ulterra Drilling Technologies, a manufacturer of drill bits and downhole...
It would be hard to have not seen the news about the recent disappearance of Saudi citizen and dissident reporter Jamal Khashoggi,...
(Bloomberg) — Oil producers in the Permian Basin and elsewhere could soon find themselves facing the oilfield equivalent of trying to walk...
Source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production As domestic production continues to increase, the average density of crude oil...
U.S. stocks closed higher Friday, with the S&P 500 and technology-heavy Nasdaq Composite each posting its biggest weekly jump since November ahead of the Federal Reserve’s policy meeting.
The Dow Jones Industrial Average rose 297.01 points Friday, or 0.7%, to close at 41,393.78.
The S&P 500 climbed 30.26 points, or 0.5%, to finish at 5,626.02.
The Nasdaq advanced 114.30, or 0.7%, to end at 17,683.98.
For the week, the Dow gained 2.6%, the S&P 500 rallied 4%, and the Nasdaq jumped 6%. According to Dow Jones Market Data, the S&P 500 and Nasdaq each saw their largest weekly percentage gain since the stretch ending Nov. 3.
Investors are looking ahead to the Fed’s two-day policy meeting next week, which will conclude Wednesday with its highly anticipated decision on where to set interest rates. At last check, according to the CME FedWatch Tool, after the closing bell on Friday, traders were pricing in a 55% chance the Fed will lower its policy rate by a quarter percentage point and a 45% probability of a larger, half-point rate cut.
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...
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...
The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC),...
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...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
Story By Charles Kennedy for Oilprice.com| Refining margins across Asia fell this week to...
Irina Slav for Oilprice.com | Oil stocks went back in vogue two years ago...
Artificial intelligence (AI) is increasingly influencing electricity consumption in the U.S., mainly due to...
The Matterhorn natural gas pipeline, currently the largest under construction in Texas, has begun...
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