Rimrock Resource Partners LLC closed a $150 million acquisition of Scoop assets, the company announced July 28. The acquisition covers approximately 24,500...
U.S. oil futures settled higher on Friday. On the New York Mercantile Exchange, September WTI settled at $41.60 a barrel. The U.S....
On July 28, 2016, Devon Energy Production LP (DVN) filed a Transfer of Operator (Form 1073) with the Oklahoma Corporation Commission (OCC) transferring...
Devon Energy Corporation (NYSE: DVN) has assets in the very best North American resource plays and a deep inventory of opportunities. After initiating...
BHI revealed a weekly climb in the number of active U.S. rigs drilling for oil–the sixth-weekly climb in seven weeks.The number of...
Back in January of this year, Luxe Energy LLC announced it had acquired about 18,000 net acres in the core of the...
The number of rigs exploring for oil and natural gas in the U.S. increased by nine this week to 440. A year...
The number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 421, snapping three...
With the equity backing of Natural Gas Partners, HighMark Energy was formed in the fall of 2013 to acquire, develop and produce upstream...
Marathon Oil allocated $1.15 billion to activity in North America for 2016 with the majority focused on the Company’s three U.S. resource...
The U.S. stock market closed mostly lower Friday as investors weighed a retail sales report that was weaker than Wall Street expected, but major benchmarks saw weekly gains ahead of the three-day holiday weekend.
The S&P 500 slipped 0.44 point on Friday, or less than 0.1%, to end nearly flat at 6,114.63.
The Dow Jones Industrial Average dropped 165.35 points, or 0.4%, to close at 44,546.08.
The Nasdaq Composite rose 81.13 points, or 0.4%, to finish at 20,026.77.
Investors shrugged off tariff concerns and a hot inflation report this week, with the S&P 500 snapping back-to-back weekly losses. The S&P 500 ended Friday just 0.1% below its record closing peak notched in late January.
For the week, the S&P 500 climbed 1.5%, the Dow rose 0.5% and the technology-heavy Nasdaq gained 2.6%, according to Dow Jones Market Data. The stock market's fear gauge, the Cboe Volatility Index, subsided this week while the 10-year Treasury yield fell.
The 10-year Treasury rate ended Friday at 4.475%, its lowest yield since Feb. 6 based on 3 p.m. Eastern time levels, according to Dow Jones Market Data. U.S. stock and bond markets will be closed on Monday in honor of Presidents Day.
Dominion Energy raised its five-year spending plan through 2029 by 16% to about $50.1 billion to meet growing power demand driven by more electrification, economic growth and an expected surge in data center electricity needs, the company said.
“We’re seeing the need for incremental investment across distribution, transmission and generation to ensure reliability amid continuing growing demand in our service areas,” Dominion Energy CFO Steven Ridge said Feb. 12 on the company’s latest earnings call.
The utility is headquartered in the world’s most populous area for data centers—Virginia—and has connected about 450 data centers representing about 9 gigawatts (GW) of capacity in the state, according to Dominion Energy CEO Bob Blue.
The United Arab Emirates is making a major financial play in the United States,...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the...
As it ages, the Permian Basin is producing more water, gas, and less oil...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside...
Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors,...
Story By Rodielon Putol | Earth.com | Transitioning from fossil fuels to renewable energy,...
The Permian Basin, long celebrated as the crown jewel of America’s shale revolution, is...
The oil and gas industry enters the second quarter of 2025 with cautious optimism....
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil...
By Tsvetana Paraskova for Oilprice.com | As Saudi Arabia pushes ahead with its ambitious...
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