A federal judge has hit the pause button on new oil and gas drilling permits in Converse County, Wyoming because of some...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and diesel fuel update, released earlier this week, showed...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may climb to near-record levels if demand from oil...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that he believes are detrimental to the natural gas...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are planning new natural gas-fired power generation at the...
A small group of California Republicans has introduced several bills ahead of a special legislative session scheduled for October, despite the challenges...
Helium is the second most abundant element in the universe after hydrogen. It is a colorless and odorless inert gas that has unique...
The oil and gas industry is inherently tied to geopolitical events and domestic policy shifts, and the current combination of rising U.S....
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led talks failed to break an impasse over control...
The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC), has taken decisive action against a complex network...
Oil prices dropped over 4% on Tuesday, with Brent settling at $77.18 and WTI at $73.57 per barrel, primarily driven by news of a potential ceasefire between Hezbollah and Israel. The market remained volatile as conflicting reports emerged. While Hezbollah indicated openness to negotiations, tensions escalated with Israel making new incursions into southern Lebanon and warning residents away from specific buildings in Beirut's suburbs. Analysts noted the market's high sensitivity to headlines, with prices finding some support from concerns about possible attacks on Iranian oil infrastructure.
U.S. stocks finished higher on Tuesday, as technology shares powered a rebound in the broader market, propelling the Nasdaq Composite to its best day in nearly three weeks.
The Dow Jones rose 0.3% to end around 42,080 at 4 p.m. Eastern time, according to preliminary data from FactSet.
The S&P 500 popped nearly 1%, ending near 5,751.
The Nasdaq Composite surged 1.5% to finish around 18,182. The tech-heavy index scored its largest one-day point and percentage gain since Sept. 19.
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy...
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly...
Chevron Corporation has announced plans to lay off approximately 600 employees at its former...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
As oil prices sink to their lowest levels in four years and the risk...
by Andreas Exarheas|RigZone.com|Where next for oil prices? That’s the question Stratas Advisors looked at in...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
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