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...
Denver-based Ovintiv Inc. has once again increased its production guidance for the year, following a second-quarter performance that saw output reach the...
Story by Andreas Exarheas| RigZone.com | Oil’s Bermuda triangle is nearing an end, a Bofa Global Research report sent to Rigzone by the...
U.S. stocks ended near the session's highs on Thursday, as inflation data helped cement expectations for the Federal Reserve to take a modest approach next week with its first interest-rate cut in four years.
The Dow Jones Industrial Average gained 235.06 points, or 0.6%, ending at 41,097.77. The session high was 41,107.35.
The S&P 500 climbed 41.63 points, or 0.8%, closing at 5,595.76.
The Nasdaq Composite advanced 174.15 points, or 1%, finishing at 17,569.68.
The S&P 500 and Nasdaq both sealed their fourth straight session of gains.
Despite an uptick in turbulence, recent gains for stocks left equities on the doorstep of record territory. According to Dow Jones Market Data, the Dow ended Thursday only 1.1% below its record close from late August, while the S&P 500 was 1.3% off its mid-July record finish. All three indexes also were on pace for the biggest weekly gains since the week ending August 16.
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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...
Helium is the second most abundant element in the universe after hydrogen. It is a...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
By Irina Slav for Oilprice.com | Crude oil prices moved higher today after the...
The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC),...
Chris Matthews from Hart Energy, who covers the North American upstream shale energy industry...
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