Shell, a leading player in the global energy sector, has recently initiated a series of layoffs as part of its strategy to...
The United States is witnessing a remarkable phase in its oil production history, achieving record highs in oil output while operating with...
In an era where sustainability and efficiency are paramount, the U.S. oil and gas industry has made significant strides in enhancing production...
The oil and gas industry is set to undergo significant shifts in 2024, driven by a combination of market dynamics, technological advancements,...
Houston-based Talos Energy Inc. has announced a significant move in the oil and gas industry with its strategic acquisition of QuarterNorth Energy...
Inheriting mineral rights can be akin to stumbling upon a buried treasure. The prospect of tapping into the lucrative oil and gas...
In the midst of a bitter cold snap, Texas faces an alarming situation as natural gas output has plummeted to an 11-month...
In a recent development that has sent ripples through the global oil markets, oil prices have exhibited a slight decline amidst escalating...
A series of earthquakes near Edmond and Arcadia, Oklahoma, occurring late Friday night and continuing into early Saturday morning, have captured significant...
BlackRock Inc., a global investment management corporation, finds itself at the center of a complex situation in Texas. Despite being banned from...
Hours after three Israeli women were released from captivity in Gaza on Sunday, roughly 90 Palestinian prisoners were freed, Israel’s prison service said in a statement early Monday morning, as a long-awaited cease-fire agreement between Israel and Hamas went into effect. The truce prompted celebrations in Gaza, relief for families and hope for an end to a devastating 15-month war.
Al Jazeera, the Qatar-funded Arabic broadcaster, streamed footage of Red Cross buses ferrying prisoners out of Ofer prison near Jerusalem after midnight on Monday.
U.S. stocks ended up Friday, the last day of trading under U.S. President Joe Biden, as investors headed into a three-day weekend that will see Donald Trump inaugurated Monday.
The Dow Jones Industrial Average rose 334.70 points, or 0.8%, to close at 43,487.83.
The S&P 500 rose 59.32 points, or a sharp 1%, to finish at 5,996.66.
The Nasdaq Composite rallied 291.91 points, or 1.5%, to end at 19,630.20.
For the week, all three indexes booked gains as investors appeared relieved by a retreat in Treasury yields. The Dow booked a 3.7% weekly gain, while S&P 500 climbed 2.9% and the technology-heavy Nasdaq advanced 2.4%, according to Dow Jones Market Data. The Dow and S&P 500 each had their best week since early November, when Trump’s victory in the U.S. election sparked a strong rally.
In the bond market, the yield on the 10-year Treasury note fell 16.1 basis points this week to 4.610%, according to Dow Jones Market Data. The U.S. stock and bond markets will be closed Monday in honor of Martin Luther King Jr. Day.
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...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
As oil prices sink to their lowest levels in four years and the risk...
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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