Federal revenue from energy production on public lands and waters fell by 10% in the latest fiscal year, totaling $16.4 billion, according...
By Tsvetana Paraskova for Oilprice.com | Amid Middle East tensions, experts doubt Iran will follow through on threats to close the Strait...
by Bloomberg, via RigZone.com|Bloomberg News | Oil imports into China sank again last month, highlighting soft consumption in the largest buyer just...
The oil & gas rumor mill is getting fired up again as recent industry chatter suggests that Chevron Corporation and Diamondback Energy...
By Alejandra Martinez | The Texas Tribune | FORT WORTH — Republican Christi Craddick cruised to reelection, defeating three challengers to keep her...
Donald Trump’s election has brought renewed optimism to the oil and gas industry. Energy Transfer co-CEO Mackie McCrea recently shared his thoughts,...
[S&P Global] – Asian oil buyers are set to witness significantly more opportunities to import attractively priced crude from the US despite...
In yesterdays elections, both Oklahoma and Texas have chosen leaders for their respective energy regulatory bodies, decisions that will have a significant...
In the whirlwind of the 2024 U.S. Presidential Election, former President Donald Trump reclaimed the White House in a dramatic victory, marking...
The gap in prices for U.S. shale oil from West Texas compared to Houston has widened significantly in the past two months....
It was more trick than treat for investors on Halloween, with a tech-led selloff pushing the S&P 500 down Thursday and leaving the Nasdaq Composite with its biggest one-day fall since early September. The Invesco QQQ Trust Series QQQ, which tracks the Nasdaq-100, fell 2.5%
Investors and analysts blamed a confluence of frightful factors, including guidance from Big Tech behemoths and perhaps a round of pre-election jitters.
Initial jobless claims in the week ended October 26 showed a significant decline, dropping by 12,000 to 216,000, according to the Labor Department. This marks the third consecutive weekly decrease, bringing claims to their lowest level since May. Economists who were polled by The Wall Street Journal had expected claims to rise by 3,000, but instead witnessed a decline, with the number of new claims based on actual filings falling to 200,132.
The labor market appears robust, with the number of people collecting unemployment benefits in the week of Oct. 19 falling by 26,000 to 1.86 million. Economists noted that after a spike to 260,000 in early October due to Hurricane Helene, jobless claims have now returned to low levels that suggest no significant strain in the labor markets. This trend indicates continued stability in employment despite potential disruptions.
Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between...
Thanksgiving Day, 6:42 a.m. The faint glow of sunrise illuminated the empty parking lot...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with...
Story By Mella McEwen | Midland-Telegram Reporter |Devon Energy has begun detailing the results...
Donald Trump’s transition team is preparing to make energy a top priority, aiming to...
ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed...
ConocoPhillips has recently made headlines with its acquisition of Marathon Oil, a move that...
By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed...
U.S. natural gas producers are gearing up to boost output in 2025 after a...
HOUSTON (Reuters) – Norwegian-headquartered Crown LNG is racing against time to develop and start...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to...
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