By: Reuters – This week’s visit by U.S. climate envoy John Kerry to China after years of diplomatic disruptions could boost cooperation between the...
Russia, a key player in the oil industry, has recently announced plans to reduce its oil exports from western ports by approximately...
Houston Natural Resources Corp. (HNRC) plans to rebrand after acquiring full ownership of Appalachian Basin E&P Cunningham Energy. Houston Natural Resources acquired...
By: Reuters – Global oil benchmark Brent hovered above $80 a barrel on Thursday after U.S. inflation data implied interest rates in...
Continental Resources struck black gold once again in Carter County, with the completion of five new wells that are producing nearly 2,700...
By: Carlsbad Current-Argus – Oklahomans in 2015 probably felt like Californians as their homes were rocked by strong earthquakes. But Californians were...
Story By Jov Onsat |RigZone| Libya’s oil revenue excluding royalties and fuel sales slid to around $7 billion (LYD 33.4 billion) for...
Story By Adrian Hedden, |Carlsbad Current-Argus, via Yahoo News| A $300 million sale of oil and gas assets on the western edge...
Story By Andreas Exarheas |RigZone| Saudi Arabia is sensitive to the “weak level” of demand in the world leading to production cuts,...
On July 7, the US Department of Energy (DOE) revealed its intention to repurchase approximately 6 million barrels of sour crude oil....
Oil prices settled down by $1 a barrel on Wednesday after the U.S. government revised sharply lower a set of employment statistics closely watched by investors.
Brent crude futures settled down $1.15, or 1.49%, at $76.05 a barrel. U.S. West Texas Intermediate crude futures settled $1.24 lower or 1.69% at $71.93.
Stocks finished with modest gains Wednesday, buoyed after the S&P 500 snapped an eight-day winning streak in the previous session.
A revision of U.S. jobs data in the 12 months through March showed the U.S. economy added 818,000 fewer jobs than previously estimated over that period -- a large change that underlined worries over the state of the jobs market but was less than the 1 million figure some economists had forecast.
Minutes of the Federal Reserve's July meeting affirmed that most policymakers were prepared to cut rates in September if data remained on track.
According to preliminary figures, the Dow Jones Industrial Average rose 55 points, or 0.1%, to close at 40,894. The S&P 500 gained 0.4% to end near 5,621, while the Nasdaq Composite advanced 0.6%, finishing near 17,919.
The U.S. economy added far fewer jobs in 2023 and early 2024 than previously reported, a sign that cracks in the labor market are more severe — and began forming earlier — than initially believed.
On Wednesday, the Labor Department said that monthly payroll figures overstated job growth by roughly 818,000 in the 12 months that ended in March. That suggests employers added about 174,000 jobs per month during that period, down from the previously reported pace of about 242,000 jobs — a downward revision of about 28 percent.
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has...
🟢 US oil and gas companies are expected to prioritize shareholder returns and limit...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from...
By Georgina McCartney (Reuters) – Top U.S. oilfield services firms are facing weaker pricing...
Story By Imma Perfetto | Originally published by Cosmos | In new insight into...
Infinity Natural Resources, Inc. (“Infinity”) has officially made its Wall Street debut, announcing the...
Chris Mathews | Hart Energy, via Yahoo Finance | Diamondback Energy will drop down billions of...
Dealmaking in the U.S. oil and gas industry reached $105 billion in 2024 while...
US Energy Development Corporation (USEDC) is gearing up for a big year in 2025...
by Andreas Exarheas |RigZone.com| U.S. natural gas is dipping back on the fact that the...
by Andreas Exarheas|RigZone.com| A fact sheet posted on the White House website on Tuesday stated...
El Paso billionaire Paul Foster and his partners at Franklin Mountain Energy (FME), a...
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