By: Dayton Daily News – The Ohio Attorney General’s Office is investigating the origins of public comments sent to state regulators urging...
CrownRock LP, a private equity-backed oil and gas producer, is reportedly considering a sale that could value the company at over $10...
By: Reuters – A fault at Chevron’s (CVX.N) Wheatstone facility in Australia temporarily shut about a quarter of its liquefied natural gas...
DOE estimates reaching the Biden Administration’s goal of net-zero emissions by 2050 will require between 400 million and 1.8 billion metric tons of carbon...
By Stephanie Kelly|NEW YORK (Reuters) -Oil prices edged lower on Wednesday, after earlier hitting a 10-month high, as a surprise build in...
Helge Lund, Chairman of BP, assured employees that the company’s energy transition strategy would remain unchanged despite the sudden departure of CEO...
(Bloomberg) — BP Plc Chief Executive Officer Bernard Looney has resigned effective immediately over the failure to fully disclose past relationships with...
By: Bob Campbell – Odessa American – With its world-class display of new oil and natural gas technology the 2023 Permian Basin...
By: Marc Santora – The New York Times – Ukraine said on Monday that it had taken control of several oil and...
Viper Energy Partners is acquiring certain mineral and royalty interests out in the Midland and Delaware Basins. Story By Melba McEwen|Midland Reporter...
Hurricane Francine strengthened suddenly and unexpectedly on Wednesday afternoon, just ahead of a projected landfall southwest of New Orleans. The storm lashed southern Louisiana with heavy rain and wind, setting off tornado warnings across a region whose residents have been scarred by powerful disasters.
Officials urged people who had not evacuated to stay inside for their safety as the storm brought strong winds, surging seas and the risk of flash flooding. The governor of Louisiana warned that some in the state could be without power “for some time” after Francine moves through.
All three major stock indexes scored large intraday comebacks on Wednesday, helped by dip-buyers, overcoming earlier weakness seen following the release of the August consumer-price index.
Based on preliminary data, the Dow Jones Industrial Average finished up by 124.75 points, or 0.3%, at 40,861.71. It had been down by as much as 1.8% at its session low.
The S&P 500 closed up 58.61 points, or 1.1%, at 5,554.13 after falling as much as 1.6% during the day.
The Nasdaq Composite ended up by 369.65 points, or 2.2%, at 17,395.53. It had declined as much as 1.4% earlier on Wednesday.
According to Dow Jones Market Data, the Dow's and S&P 500's comebacks rank as the largest since Oct. 13, 2022. The small-cap Russell 2000, which finished up by 0.3% at around 2,104, also saw its biggest intraday comeback in almost two years.
The Nasdaq's comeback was the biggest since March 15, 2023, and Wednesday's rise represents the index's best CPI-day performance since Nov. 14.
Helium is the second most abundant element in the universe after hydrogen. It is a...
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...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
A small group of California Republicans has introduced several bills ahead of a special...
Artificial intelligence (AI) is increasingly influencing electricity consumption in the U.S., mainly due to...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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