Story By Jov Onsat |RigZone.com|Pakistan’s prime minister has said the country received its first-ever Russian oil cargo at a discounted price. “Glad...
London – CNN — Goldman Sachs has slashed its forecast for oil prices by nearly 10%, citing weak demand in China and a glut of supply...
By: Reuters – Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day’s plunge. But gains...
Story by German Lopez | New York Times | With its open plains and thousands of miles of wheat fields, Kansas is...
By: San Antonio Current – Texas is suing the Environmental Protection Agency over its plan to control smog that drifts into other...
Story by Mella McEwen |Midland Reporter-Telegram| Analysts watching the frac spread count – the number of pressure pumping equipment crews at work...
Story By Hannah Grover | NM Political Report | A recent uptick in natural gas prices has made it more profitable to...
Scott DiSavino [REUTERS] U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week...
By: Reuters – Britain’s windfall tax on oil and gas producers will not be applied if prices drop below certain levels for...
By Chris Matthews |Hart Energy| In a rare natural gas deal, a private investor group led by family offices has taken ownership...
Oil prices settled nearly 5% down on Tuesday at their lowest levels in nearly nine months on signs of a deal to resolve a dispute that has halted Libyan crude production and exports.
Brent crude futures closed down $3.77, or 4.9%, at $73.75 a barrel, their lowest level since Dec. 12. West Texas Intermediate crude futures (WTI) , which did not settle on Monday because of the U.S. Labor Day holiday, fell $3.21, or 4.4%, to $70.34 - also their lowest since December.
Brent closed down 0.3% last week, while WTI settled 1.7% lower.
Libya's legislative bodies have agreed to appoint a new central bank governor within 30 days after U.N.-sponsored talks, a statement signed by representatives of those bodies said on Tuesday.
U.S. stocks finished sharply lower on Tuesday, kicking off a historically tough month for the market. Investors assessed weak manufacturing data that reignited concerns over an economic slowdown.
According to preliminary data from FactSet, the Dow Jones Industrial Average fell 1.5% to end near 40,936.
The S&P 500 was off 2.1% to finish around 5,529.
The Nasdaq Composite tumbled 3.3%, ending near 17,136.
The three benchmark indexes suffered their worst day since the Aug. 5 market meltdown.
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...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
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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