A well operated by Roan Resources, LLC in township 9N-5W of Grady County, Oklahoma has been permanently shut down after an earthquake...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. The U.S. oil drilling rig count declined this week...
Encana Corp. on Thursday said it agreed to buy fellow oil-and-gas company Newfield Exploration Co. in a stock swap valued at about...
CNBC – The Trump administration has cut down Iran’s oil exports more quickly than many expected, but just days before a White...
Chesapeake Energy Corp. (NYSE: CHK) on Oct. 30 announced a blockbuster deal for WildHorse Resource Development Corp. (NYSE: WRD) worth nearly $4 billion the...
Continental Resources Earnings Estimates: Analysts expect Continental Resources earnings to soar 800% to 81 cents per share with revenue up 66.7% to $1.21 billion....
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...
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.
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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...
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...
By Irina Slav for Oilprice.com | Crude oil prices moved higher today after the...
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...
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