In Part 1 of our 3-Part series, we discussed the different types of mineral ownership, in Part 2 of our series we...
In Part 1 of our 3-Part series, we discussed the different types of mineral ownership. Today we will be discussing royalties, how...
ChatGPT. Story Credit, Habib Ouadi et al.: Journal of Petroleum Technology. The complex and dynamic nature of the oil industry calls for...
Importance of understanding mineral rights As a mineral owner, it is crucial to understand the concept of mineral rights and their role...
The Permian basin, which spans across Texas and New Mexico, is the largest shale oil basin in the country and has not...
Story Credit, Natural Gas Intel. Natural gas futures probed both sides of even in early trading Thursday as traders braced for the...
By: Reuters – President Vladimir Putin said Russia would see higher oil and gas revenues by the end of the second quarter...
By: Quartz – In 2022, the US government helped fight inflation with a smart oil trade: Selling from the Strategic Petroleum Reserve...
Bloomberg) — Europe’s natural gas market is showing signs of lingering concern over next winter’s fuel supplies, even as immediate frictions ease....
By: Reuters – Exxon Mobil (XOM.N) is poking around in the wrong area. Buying Pioneer Natural Resources (PXD.N) would cost a chunky $64 billion. The implied...
All three major stock indexes scored large intraday comebacks on Wednesday, helped by dip-buyers, overcoming earlier weakness seen following the release of the August consumer-price index.
Based on preliminary data, the Dow Jones Industrial Average finished up by 124.75 points, or 0.3%, at 40,861.71. It had been down by as much as 1.8% at its session low.
The S&P 500 closed up 58.61 points, or 1.1%, at 5,554.13 after falling as much as 1.6% during the day.
The Nasdaq Composite ended up by 369.65 points, or 2.2%, at 17,395.53. It had declined as much as 1.4% earlier on Wednesday.
According to Dow Jones Market Data, the Dow's and S&P 500's comebacks rank as the largest since Oct. 13, 2022. The small-cap Russell 2000, which finished up by 0.3% at around 2,104, also saw its biggest intraday comeback in almost two years.
The Nasdaq's comeback was the biggest since March 15, 2023, and Wednesday's rise represents the index's best CPI-day performance since Nov. 14.
The Dow Jones Industrial Average was tumbling on Wednesday morning, down nearly 600 points, or 1.4% as investors digested a hotter-than-expected August core inflation reading that may derail the chance of a jumbo interest-rate cut by the Federal Reserve next week.
Fed-funds futures traders saw an 85% chance that the Fed will lower its rate by a quarter percentage point to a target range of 5% to 5.25% in September. The chance of a half percentage point move fell to 15% from 34% a day ago, according to the CME FedWatch Tool.
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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