EOG Resources, a key player in the oil and gas industry, is positioning itself for robust growth in 2024 with a strategic...
In a positive development for the ethanol and agricultural industries, the Environmental Protection Agency (EPA) recently gave the nod to requests from...
ALBUQUERQUE, New Mexico (AP) — A New Mexico businesswoman is accused of defrauding the US government and two Native American tribes of...
Story By Andreas Exarheas | RigZone.com |The average U.S. diesel price is down compared to a year ago, according to the AAA...
Vista Energy SAB de CV, a leading Mexican oil firm, has announced a healthy increase in its investment plans for the Vaca...
In a seismic shift that’s set the oil and gas sector abuzz, Chord Energy and Enerplus have decided to join forces, creating...
Story By Matt Busse | Cardinal News | Citing adverse weather and other challenges, the lead developer of the Mountain Valley Pipeline...
Story By Rocky Teodoro |RigZone.com| CenterPoint Energy, Inc. is selling its Louisiana and Mississippi natural gas local distribution company (LDC) businesses to...
In a surprising move aimed at reducing its debt burden, Occidental Petroleum Corp. is reportedly exploring the sale of its midstream assets,...
The U.S. natural gas sector is facing a challenging period as prices plummet, leading to significant shifts in the industry’s operations and...
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.
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
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...
Helium is the second most abundant element in the universe after hydrogen. It is a...
The Matterhorn natural gas pipeline, currently the largest under construction in Texas, has begun...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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