The relentless pace of transactions in the US shale sector signals that industry players are gearing up for a future with limited...
By Alex Kimani |OilPrice.com| The U.S. Department of Energy has finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum...
Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), has announced a significant milestone...
Story Credit: Bloomberg – By Bill Lehane| According to the Renaissance Energy Advisors consultancy, American crude grade WTI Midland has replaced West...
Insurers are now assessing the financial fallout from last week’s massive CrowdStrike software glitch, which crashed computers, canceled flights, and disrupted hospitals...
Helmerich & Payne, Inc. and KCA Deutag International Limited (“KCA Deutag”) announced a definitive agreement under which the H&P drilling company will...
By Bloomberg|Julia Fanzeres and Jordan Fitzgerald | Oil rose, clawing back from a run of losses, after a government report showed that...
By Alex Kimani for Oilprice.com |A week ago, Kuwait Oil Company (KOC) announced a significant discovery of light oil and associated gas in...
An Oklahoma court has issued a temporary injunction on a state law designed to prevent investments in companies that do not align...
During the Republican National Convention in Milwaukee, Donald Trump accepted the presidential nomination with fervent chants of “drill, baby, drill,” emphasizing his...
Stocks ended mostly higher Monday, with the S&P 500 shaking off earlier losses to post its biggest intraday comeback in four months.
The S&P 500 finished with a gain of 9.18 points, or 0.16%, to close at 5,836.22, after falling 0.92% at its session low. That marked its biggest intraday comeback since Sept. 11, when it was down 1.61% but finished the day with a gain of 1.07%, according to Dow Jones Markets Data.
The energy and materials sectors each saw gains of 2.2% to lead the way higher for the S&P 500, while tech dropped 0.9% and the rate-sensitive utilities sector declined 1.2%.
The Dow Jones finished the day with a gain of 358.67 points, or 0.9%, at 42,297.12.
The Nasdaq Composite was unable to shake off weakness in tech shares, ending with a loss of 73.53 points, or 0.4%, at 19,088.10.
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...
By Alex Kimani| OilPrice.com | Hedging is a popular trading strategy frequently used by oil...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside...
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...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors,...
A jury in North Dakota has delivered a devastating blow to Greenpeace, ordering the...
Story By Rodielon Putol | Earth.com | Transitioning from fossil fuels to renewable energy,...
Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced...
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil...
The oil and gas industry enters the second quarter of 2025 with cautious optimism....
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