By Patrick McGee |Hart Energy|FORT WORTH, Texas – U.S. shale is no longer the world’s swing producer, so it will be up...
By: Reuters – The Biden administration said on Friday it would stop issuing new oil and gas drilling leases within 10 miles...
Lucid Group said on Wednesday that it is raising about $3 billion through a new equity offering, with the majority coming from the...
Story By Tsvetana Paraskova |OilPrice.com| As tepid demand for gas from power generation and industry has sent European natural gas prices into a...
By: Energy Intelligence – White House and Congressional negotiators have announced the outlines of a bipartisan debt ceiling compromise meant to stave...
By: Reuters – Alberta’s election of conservative leader Danielle Smith puts her on a collision course with Canada’s Liberal Prime Minister Justin...
BNP Paribas, which describes itself as the European Union’s leading bank and a key player in international banking, stated that it will...
By Thomas Catenacci |FOX News|. The highly-anticipated debt ceiling package House Republicans and President Biden announced on Sunday includes a provision fast-tracking a...
WASHINGTON — With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached a final agreement Sunday on a...
TotalEnergies said that it will sell its stake of 50% in the producing Surmont oil sands asset in Canada to its partner...
U.S. stocks closed higher Friday to book their best weekly advance since November.
Strong retail sales data Thursday helped offset concerns about pockets of potential weakness in the U.S. economy. The rally had stocks back on the doorstep of record territory and investors eager to hear more from Federal Reserve Chair Jerome Powell at next week's economic summit in Jackson Hole, Wyo.
The Dow Jones Industrial Average added 96.70 points, or 0.2%, ending at 40,659.76, while the S&P 500 gained 11.03 points, or 0.2%, closing at 5,554.25. The Nasdaq Composite gained 37.22 points, or 0.2%, finishing at 17,631.75
Here's the weekly recap:
According to Dow Jones Market Data, the Dow gained 2.9%, the S&P 500 rose 3.9%, and the Nasdaq climbed 5.3%. Each logged its biggest weekly advance since November.
The Dow and S&P 500 finished less than 2% from their previous record closes.
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
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...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
A small group of California Republicans has introduced several bills ahead of a special...
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