By: The Guardian – Rishi Sunak will this week announce legislation for a new annual system for awarding oil and gas licences...
By: Reuters – Top oil exporters Saudi Arabia and Russia confirmed on Sunday they would continue with their additional voluntary oil output...
(Reuters) – U.S. energy company Tellurian Inc. said on Thursday it remains on target to produce the first liquefied natural gas (LNG)...
Story By Andreas Exarheas |RigZone.com| In a new report sent to Rigzone this week, analysts at Standard Chartered said they think their...
In the bustling world of the energy sector, companies often find themselves in a dance of acquisitions, looking for the right partners...
NEW YORK (Reuters) – U.S. field production of crude oil rose to a new monthly record in August at 13.05 million barrels...
As the sparks of conflict continue to fly between Israel and Gaza, the repercussions are not confined to the region but have...
As the world steadily marches towards a greener future, the path is fraught with challenges, yet filled with opportunities. One such opportunity...
In recent times, the oil and gas sector has been akin to a ship in a stormy sea, with global turmoil and...
SANTA FE, N.M. (AP) — An Australia-based company plans to build a campus in New Mexico to expand its research into hydrogen...
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.
By Jonathan Saul | LONDON (Reuters) – At least 65 oil tankers have dropped...
Story by Andreas Exarheas| RigZone.com |. Oil market sentiment appears to have improved significantly...
Langford Energy Partners (LEP), a private oil and gas operator, has announced the purchase...
The U.S. energy industry recently experienced an extraordinary run of oil and gas mergers...
The Permian Basin continues to dominate the U.S. oil production landscape, while other maturing...
Texas set a series of new milestones in 2024 for its oil and natural...
Story by Bloomberg|Mia Gindis | Oil slipped from a five-month high as Hamas and Israel tentatively...
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told...
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders...
(Bloomberg) — Oil companies declined to bid in a US government auction for drilling...
The Biden administration on Friday unveiled its most extensive sanctions package yet against Russia’s...
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