(Bloomberg) — Standing high on top of a windswept dune in the Texas plains, Greg Edwards stares out into a vast ocean...
If President Donald Trump is not the most significant player in global oil markets today, he’s at least its biggest wild card....
We could be on the cusp of more than $50 billion worth of oil and gas deals through the rest of 2018...
Tallgrass Energy, LP (TGE-OLD) (NYSE: TGE) (“Tallgrass”) and Silver Creek Midstream, LLC (“Silver Creek”) today announced a binding open season soliciting additional...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. U.S. energy companies this week added oil rigs for...
A massive natural gas project in the Uinta Basin that promised as much as $1 billion in state royalties over its lifetime...
Mineral Buyers Are Not Created Equal~ With the announcement of Longpoint Minerals II securing $802 million to purchase Oklahoma and Texas mineral...
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain...
Libya’s National Oil Corporation has declared force majeure on crude oil loadings from two oil terminals, which effectively removed 850,000 bpd from...
I. The stakes are far too high, and in any case in which a defendant’s primary appeal to the public is to...
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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