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...
The international engineering company Wood Group has expanded its oil and gas business and dramatically shrunk its renewables operations after receiving a...
By: New York Times – For most of the last six years, the leaders of Russia and Saudi Arabia worked with each...
Story by Jerry Bohnen, OK Energy Today|. While Oklahoma’s oil and gas rig numbers are seemingly in a constant rate of decline...
In a significant development, the European Commission declared on Monday that it has chosen not to extend the emergency measures put into...
Story By Chris Mathews |Hart Energy| Oil and gas mineral and royalty players are adjusting the value markers of potential M&A transactions...
MarketWatch| Saudi Arabia will voluntarily cut oil production by an additional 1 million barrels a day in July, alongside an agreement on...
In March, a robust surge in U.S. oil and gas production emerged, revealing the delayed effects of the considerable price highs experienced...
By Patrick McGee |Hart Energy|FORT WORTH, Texas – U.S. shale is no longer the world’s swing producer, so it will be up...
U.S. stocks ended higher on Monday, building on last week's gains.
According to Dow Jones Market Data, the Dow Jones Industrial Average climbed 236.77 points, or 0.6%, to end at 40,896.53 for its fifth straight daily gain.
The S&P 500 gained 54.00 points, or 1%, to 5,608.25 for its eighth straight daily gain — logging its longest winning streak since November 8, 2023, when the market rose for eight straight trading days. The index also notched its largest eight-day percentage gain since March 24, 2022.
The Nasdaq Composite rose 245.05 points, or 1.4%, to finish at 17,876.77 for its eighth straight daily gain — recording its longest winning streak since December 19, 2023, when the market rose for nine straight trading days. The index also exited correction territory on Monday after only 11 trading days, the shortest correction for the index since the one ending October 11, 2011, which lasted six trading days.
Based on data since 1971, the Nasdaq Composite saw an average gain of 0.3% in the week after exiting correction territory and an average rise of 23.6% one year after such a move.
A small group of California Republicans has introduced several bills ahead of a special...
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...
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...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
Helium is the second most abundant element in the universe after hydrogen. It is a...
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