By: Reuters – Exxon Mobil Corp (XOM.N) has successfully started up a new $2-billion crude distillation unit (CDU) at its Beaumont, Texas refinery,...
By: Reuters – Oil prices clawed back some ground on Thursday after sliding to 15-month lows in the previous session as markets...
While the government reported U.S. crude oil exports set a record of 3.6 million barrels a day in 2022, the amount of...
Story from Hart Energy, by Jaxon Caines. The drilling market is a cyclical one, enduring many years of highs and many years...
Devon Energy (DVN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of...
By: BBC – The company behind the Willow project, ConocoPhillips, says it will create local investment and thousands of jobs. But the...
By: Reuters – Northern States Power Co asked to extend the operating license of its Monticello nuclear reactor in Minnesota by another...
By: CNBC – Saudi Arabia’s state-controlled oil giant Aramco on Sunday reported a record net income of $161.1 billion for 2022 —...
Three Grady County wells with a combined natural gas output of more than 34,000 Mcf were reported by Marathon Oil Company. The...
Story by Mathew Fox @Business Insider. The market on Friday watched as regulators shut the doors at Silicon Valley Bank, capping off...
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.
A small group of California Republicans has introduced several bills ahead of a special...
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...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
Helium is the second most abundant element in the universe after hydrogen. It is a...
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