British oil company BP (BP.L) has significantly reduced former CEO Bernard Looney’s compensation by over $40 million. This decision came after BP...
The largest class of ESG (Environmental, Social, and Governance) funds, controlling about $5 trillion in assets, has increased its investment in the...
By Kate Abnett, Gloria Dickie and David Stanway | DUBAI, (Reuters) – A draft of a potential climate deal at the COP28 summit on Monday suggested...
Story by Patricia Laya & Nicolle Yapur|Bloomberg, via RigZone.com| Oil majors operating in Guyana’s waters, are “moving ahead aggressively” with production plans...
In Nevada, a federal judge has delivered a blow to three tribal nations opposing the construction of what could be the United...
Story By Mitchell Ferman | Midland Reporter-Telegram | Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock...
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....
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.
By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed...
The owner of the Inglewood Oil Field in Los Angeles County is taking the...
By Jarrett Renshaw (Reuters) – U.S. President-elect Donald Trump does not intend to spare...
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 Kaanita Iyer, CNN |President-elect Donald Trump has chosen North Dakota Gov. Doug Burgum to...
U.S. natural gas producers are gearing up to boost output in 2025 after a...
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