Endeavor Energy Partners, the largest private oil and gas producer in the Permian Basin, is reportedly considering a sale. Sources suggest the...
By: Adrian Hedden – Carlsbad Current Argus – About half a billion dollars could fund a reserve of treated oilfield wastewater if...
At COP28 in Dubai, a heated debate emerged over a proposal to phase out fossil fuels, potentially marking a historic shift in...
Oklahoma’s state revenues have been notably impacted by a decline in Gross Production Taxes, which are levied on oil and gas production....
Bloomberg News, via RigZone.com | China will see oil demand growth slowing next year, casting a pall over an already disappointing global...
Exxon Mobil (XOM.N) has outlined a steady investment strategy, aiming for an annual project expenditure of $22 billion to $27 billion through...
The U.S. Environmental Protection Agency (EPA) announced a pivotal climate regulation on Saturday, mandating significant methane emission reductions from oil and gas...
Venezuelan President Nicolás Maduro has directed state-owned enterprises to begin immediate exploration and exploitation of oil, gas, and minerals in Guyana’s Essequibo...
Occidental Petroleum is in advanced talks to acquire CrownRock, a prominent private oil producer in the US shale sector, specifically in the...
Story By Jerry Bohnen |OK Energy Today| Last week, AAA raised the question…”Is it the end of the road for falling gas...
All three major stock indexes closed higher for the second time in six sessions on Thursday, fueled by weekly jobless claims that gave investors hope the U.S. labor market can continue to hold up.
Thursday's data was "soothing concerns over a U.S. economic recession,'' according to senior markets economist James Reilly at Capital Economics.
The Dow Jones Industrial Average finished up by 683.04 points, or 1.8%, at 39,446.49, based on preliminary data.
The S&P 500 closed up by 119.81 points, or 2.3%, at 5,319.31. On a percentage basis, it was the index's best day since Nov. 30, 2022.
The Nasdaq Composite closed up by 464.22 points, or 2.9%, at 16,660.02
The numbers: The number of Americans who applied for unemployment benefits last week sank to 233,000 and receded from nearly one year, suggesting layoffs remain quite low and that the labor market is still in good shape.
New claims fell by 17,000 in the seven days that ended Aug. 3 from 250,000 in the prior week, the government said Thursday. The latest reading marks a one-month low.
Economists polled by the Wall Street Journal had forecast new claims to total 240,000, based on seasonally adjusted figures.
A surge in new claims at the end of July appeared to stem mostly from people in Texas being unable to work after Hurricane Beryl.
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
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...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
A small group of California Republicans has introduced several bills ahead of a special...
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