The United States is witnessing a remarkable phase in its oil production history, achieving record highs in oil output while operating with...
In an era where sustainability and efficiency are paramount, the U.S. oil and gas industry has made significant strides in enhancing production...
The oil and gas industry is set to undergo significant shifts in 2024, driven by a combination of market dynamics, technological advancements,...
Houston-based Talos Energy Inc. has announced a significant move in the oil and gas industry with its strategic acquisition of QuarterNorth Energy...
Inheriting mineral rights can be akin to stumbling upon a buried treasure. The prospect of tapping into the lucrative oil and gas...
In the midst of a bitter cold snap, Texas faces an alarming situation as natural gas output has plummeted to an 11-month...
In a recent development that has sent ripples through the global oil markets, oil prices have exhibited a slight decline amidst escalating...
A series of earthquakes near Edmond and Arcadia, Oklahoma, occurring late Friday night and continuing into early Saturday morning, have captured significant...
BlackRock Inc., a global investment management corporation, finds itself at the center of a complex situation in Texas. Despite being banned from...
In an unprecedented move to address the increasing seismic activity in West Texas, the Railroad Commission of Texas, the state’s oil 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.
Helium is the second most abundant element in the universe after hydrogen. It is a...
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...
Artificial intelligence (AI) is increasingly influencing electricity consumption in the U.S., mainly due to...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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