Grady County, Oklahoma continues to be the most active county in the State with 28 rigs running as of the latest Baker...
The active number of drilling rigs in the United States jumped by 11 this week mainly in the Permian Basin, according to...
Oil company BP PLC, working with Morgan Stanley, is considering an acquisition of some of BHP Billiton Ltd.’s energy assets, Bloomberg reports,...
Sam Karlin with The Advocate, recently reported that Marathon Oil has acquired more than 250,000 net acres in several new plays, among...
Tecolote Energy, LLC, (“Tecolote”) a private oil and gas exploration and production company based in Tulsa, OK, announced on May 1st, record...
Oklahoma City-based and U.S. oil and gas producer Devon Energy Corp (DVN.N) raised its annual production forecast on Tuesday, saying it expected total...
The 2018 Oklahoma NARO convention is being held in Oklahoma City, with topics on mineral management, estate planning, and lease negotiations. Activities...
Story by Oseberg.io Mergers & Acquisitions: Staying on top of the major deals is easy… In our industry, staying on top of...
Marathon Petroleum merges with Andeavor Marathon Petroleum Corp (MPC.N) agreed to buy rival Andeavor (ANDV.N) for more than $23 billion in the...
Rig Count: The Cana Woodford Basin in Oklahoma added nine rigs over the week. The U.S. oil drilling rig count rose for...
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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