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...
Story Credit: By Eurasianet | An ongoing joint military exercise involving a comparatively small number of American and Armenian troops at a base in...
Presidential elections in the United States have historically had significant impacts on the oil and gas industry, influencing everything from regulatory frameworks...
by Jov Onsat | RigZone.com | Forty-four European countries, including the United Kingdom plus the European Union, have agreed to work together to...
As the nation approaches the November 5 presidential election, the energy sector’s future hangs in the balance. The next occupant of the...
Exxon Mobil Corp. has reached an agreement to sell its Malaysian oil and gas assets to the state energy firm Petronas, marking...
By Bloomberg, via RigZone.com |Julia Fanzeres and Alex Longley| Oil held steady after the biggest daily gain in a month as US...
In an unexpected setback for Cyprus’ energy ambitions, a Chinese-led consortium has terminated its contract to construct the island nation’s inaugural natural...
Brent settled more than 7% lower last week, while WTI lost around 8%. Those were the contracts' most significant weekly declines since Sept. 2, due to slowing economic growth in China and falling risk premiums in the Middle East.
Israeli forces besieged hospitals and shelters for displaced people in the northern Gaza Strip on Monday as they stepped up operations against Palestinian militants, medics said. Israel also carried out targeted strikes on sites belonging to Hezbollah's financial arm in Lebanon.
U.S. stocks closed mostly lower on Monday, as 10- and 30-year Treasury yields ended at almost three-month closing highs.
The Dow Jones Industrial Average fell 344.31 points, or 0.8%, to end at 42,931.60, snapping a three-day winning streak, according to the FactSet data. The index logged its largest one-day point and percentage decline since October 7, 2024.
The S&P 500 shed 10.69 points, or 0.2%, to finish at 5,853.98.
The Nasdaq Composite gained 50.45 points, or 0.3%, to close at 18,540.00
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
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...
As oil prices sink to their lowest levels in four years and the risk...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
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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