Story By David Carnevali and Kevin Crowley – (Bloomberg) — Refining billionaire Paul Foster is seeking to sell Franklin Mountain Energy, one of...
Riding the momentum of last month’s $5 billion North Dakota asset acquisition, Oklahoma City-based Devon Energy announced record oil production and net...
It has been 20 years since Red Adair died on August 7, 2004, at the age of 89. His company was credited...
Facing the need to secure battleground Pennsylvania, Vice President Kamala Harris is distancing herself from any previous statements opposing fracking. However, Republican...
Story by Andreas Exarheas| RigZone.com | In its latest Maritime Security Threat Advisory (MSTA), which was released on August 5, Dryad Global warned...
The recent sharp declines in major stock indexes have raised concerns of a recession among investors and analysts alike. The Dow Jones...
Story By Caroline Evans, Houston, and Everett Wheeler |Energy Intelligence Group| Independent US gas producers pinched by continually low commodity prices are looking...
Chevron Corporation has announced its decision to relocate its headquarters from San Ramon, California, to Houston, Texas, marking the end of an...
As Joe Biden’s vice president, she strongly supported every anti-energy order from the White House, 👀 and saying “There’s no question I’m in favor...
By David White (Bloomberg) — The cost to drill and frack new wells in US shale basins is expected to drop about...
The U.S. stock market finished sharply higher Friday, as investors appeared encouraged by Federal Reserve Chair Jerome Powell’s Jackson Hole speech signaling the Fed was on the path toward cutting interest rates.
The Dow Jones Industrial Average climbed 462.30 points, or 1.1%, to close at 41,175.08.
The S&P 500 rose 63.97 points, or 1.1%, to finish at 5,634.61.
The Nasdaq Composite gained 258.44 points, or 1.5%, to end at 17,877.79.
According to Dow Jones Market Data, the Dow ended just 0.1% below its record closing high on July 17, while the S&P 500 finished 0.6% below its all-time closing high on July 16.
For the week, the Dow advanced 1.3% while the S&P 500 and technology-heavy Nasdaq each increased 1.4%, according to Dow Jones Market Data. All three major U.S. stock indexes booked back-to-back weekly gains.
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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