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...
U.S. stocks closed lower on Thursday as bond yields rose and investors waited to hear from Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium on Friday.
The Dow Jones Industrial Average fell about 177 points, or 0.4%, closing near 40,713, according to preliminary data.
The S&P 500 shed about 50 points, or 0.9%, to close around 5,570, logging its worst daily decline since Aug. 5, when it tumbled 3%.
The Nasdaq Composite lost about 299 points, or 1.7%, closing near 17,619.
"Powell is expected to lay the groundwork for the Fed’s first rate cut in over four years," Adam Turnquist, chief technical strategist at LPL Financial, wrote in emailed comments Thursday. "Signs of reduced pricing pressures and cooling economic growth will likely be enough for policymakers to start reducing the target rate."
According to Dow Jones Market Data, the 10-year Treasury yield jumped 8.5 basis points to 3.862%, notching its biggest daily gain in a week.
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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