By: Reuters – The U.S. government will provide up to $700 million in funding to monitor and reduce methane emissions from the...
Story from the Wall Street Journal | Collin Eaton with the WSJ is reporting that Chevron’s board of directors is waiving the company’s...
Story By Terence West |EnergyPortal.eu| The New Mexico Supreme Court has ruled in favor of an oil company in a dispute with...
Story By Ari Natter|Bloomberg| China would be blocked from purchasing oil from the US’s emergency SPR stockpile under legislation slated for a...
A new regulation announced by the Biden administration on Thursday signifies cost escalation for oil and gas corporations seeking to drill on...
By: Reuters – A group of nearly 150 environmental justice groups urged the Biden administration on Wednesday to abandon talks with global...
(Reuters) – Halliburton Co (HAL.N) and Baker Hughes Co (BKR.O) on Wednesday reported results that beat analysts’ estimates for second-quarter profit, but the oilfield services firms...
By: Carlabad Current-Argus – Two new natural gas processing facilities recently began service in the Permian Basin as companies seek to match...
As a record-breaking heat wave bore down in June, extreme temperatures triggered a series of failures in West Texas’ gas supply infrastructure...
In a recent article by The Wall Street Journal titled “The Shale Industry Is Dropping Drilling Rigs Fast,” the authors Mari Novik...
An Israeli airstrike early Saturday hit a school compound in northern Gaza where displaced Palestinians were sheltering, killing more than 90 people, according to Gaza health authorities.
The Israeli military said Hamas and another armed Palestinian group were using the school compound in Gaza City for military operations and attacks on Israel.
U.S. stocks closed Friday higher, significantly cutting losses from earlier in the week. Equities staged a big comeback after extreme turbulence hit global financial markets.
According to preliminary data, the Dow Jones Industrial Average ended up about 51 points, or 0.1%, at around 39,497.
The S&P 500 closed 24 points higher, or 0.5%, closing near 5,344.
The Nasdaq Composite finished up 85 points, or 0.5%, finishing around 16,745.
On a weekly performance basis:
The Dow closed 0.6% lower, off from a peak 3.1% retreat on Monday from the previous Friday's close, per Dow Jones Market Data. The S&P 500 shed less than 0.1%, after sinking 4.3% Monday. The Nasdaq ended down 0.2%, after tumbling 6.4% Monday.
Treasury yields also were swept up by market volatility, with the benchmark 10-year rate closing out the week at 3.943%, its sixth lowest level of the year.
A passenger plane carrying 62 people crashed on Friday outside São Paulo, Brazil, killing all onboard, according to the Brazilian authorities.
The airline operating the flight, VoePass, said that Flight 2283 had crashed in the Brazilian city of Vinhedo, near its destination, São Paulo. The flight had taken off from Cascavel, Brazil, about 450 miles away, for a nearly two-hour scheduled flight that VoePass has been operating daily.
According to FlightRadar24, a provider of flight data, the plane was an ATR 72, a twin-engine regional turboprop made by ATR, a joint venture of two European aerospace manufacturers, Airbus and Leonardo. VoePass used the same plane to fly from São Paulo to Cascavel earlier on Friday, according to FlightRadar24 data.
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
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...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
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...
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