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...
U.S. stocks finished higher on Monday, building on the recovery from last week's sharp selloff. A mixed retail-sales report brought some relief to Wall Street that the weakness in consumer spending might not be as bad as it seemed.
The Dow Jones Industrial Average was up 353.44 points, or nearly 0.9%, to end at 41,841.63. According to Dow Jones Market Data, the index rose 2.5% over the last two trading days, scoring its largest two-day advance since Nov. 7.
The S&P 500 rose 36.18 points, or 0.6%, to finish at 5,675.12.
The Nasdaq Composite gained 54.58 points, or 0.3%, ending at 17,808.66
The Permian Basin, long celebrated as the crown jewel of America’s shale revolution, is...
Story by Darrell Proctor | PowerMag.com | Officials in Pennsylvania have announced the redevelopment...
By Tsvetana Paraskova for Oilprice.com | As Saudi Arabia pushes ahead with its ambitious...
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy...
Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
Chevron Corporation has announced plans to lay off approximately 600 employees at its former...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly...
Story By Andreas Exarheas |RigZone.com| U.S. commercial crude oil inventories, excluding those in the...
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...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
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