By Mella McEwen,Oil Editor |Midland Reporter Telegram| Endeavor Energy Resources announced on Friday the passing of its founder and chairman of the board,...
Governor Gavin Newsom’s recent proposal to require California refiners to maintain a minimum fuel reserve may seem like a bold move to...
Story by Andreas Exarheas| RigZone.com| Hedge funds and Commodity Trading Advisors (CTAs) reduced their longs across the four main Brent and WTI...
Chevron has achieved a significant milestone in oil production, announcing on Monday that it has successfully pumped oil from a field operating...
Rachel More and Anna Wlodarczak-Semczuk |REUTERS| BERLIN| Poland received a European arrest warrant from the Germans in Berlin, concerning the 2022 attack...
The Colorado Energy and Carbon Management Commission (ECMC), the state body overseeing oil and gas operations, has taken a significant step by...
Story by Andreas Exarheas| RigZone.com| Geopolitical risks in the Middle East have risen to their highest level since the start of the...
The owner of the dormant Three Mile Island nuclear power plant is actively exploring the possibility of restarting the reactor, which was...
In the sweltering heat of July 2018, Dale Redman, an oilfield service executive with a flair for the extravagant, made a move...
Story By Tsvetana Paraskova|Oilprice.com| While U.S. crude oil production breaks record highs, the number of upstream and oilfield services jobs is flatlining...
South Korea’s top court voted unanimously to dismiss the country’s impeached president, Yoon Suk Yeol, on Friday, clearing the way for the key American ally to elect a new leader after months of political turmoil that has tested its democratic guardrails.
In a ruling that millions of South Koreans watched on live television, the Constitutional Court’s eight justices endorsed the National Assembly’s decision to impeach Mr. Yoon for his failed attempt to place his country under martial law in December. With that ruling, Mr. Yoon, who had been suspended from office since the parliamentary vote on Dec. 14, was formally unseated.
Stocks closed sharply lower on Thursday as President Donald Trump's latest tariffs rocked Wall Street, with the S&P 500 posting its worst daily drop since mid-2020, according to Dow Jones Market Data.
Bond yields sank as investors flocked to haven government debt, fueled by growing worries that the U.S. economy could falter amid the uncertain backdrop for global trade.
According to FactSet data, the Dow Jones Industrial Average shed 1,679.39 points, or 4%, to end at 40,545.93.
According to Dow Jones Market Data, the S&P 500 skidded 274.45 points, or 4.8%, to 5,396.52, logging its biggest daily drop since June 11, 2020.
The Nasdaq Composite Index shed 1,050.44 points, or 6%, to 16,550.61, its biggest daily drop since March 16, 2020.
Oil prices dropped 6% on Thursday after OPEC+ accelerated its plan to increase oil output in May, compounding losses from US President Trump’s new tariffs, with Brent futures falling by $4.51 to $70.44. In today’s OPEC+ ministers’ meeting, countries decided to raise output by… pic.twitter.com/TRRrNnknEZ
— Zoom News (@zoomnewskrd) April 3, 2025
The Permian Basin, long celebrated as the crown jewel of America’s shale revolution, is...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and...
As it ages, the Permian Basin is producing more water, gas, and less oil...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the...
Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside...
By Tsvetana Paraskova for Oilprice.com | As Saudi Arabia pushes ahead with its ambitious...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors,...
Story by Darrell Proctor | PowerMag.com | Officials in Pennsylvania have announced the redevelopment...
The oil and gas industry enters the second quarter of 2025 with cautious optimism....
Story By Andreas Exarheas |RigZone.com| U.S. commercial crude oil inventories, excluding those in the...
Story by Andreas Exarheas |RigZone.com| In a Stratas Advisors report sent to Rigzone by...
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