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STORY FROM HART ENERGY: Diamondback Energy Inc. agreed to acquire FireBird Energy LLC, a private Midland Basin operator backed by RedBird Capital...
By: Oil and Gas Investor – Investors will avoid the oil patch, we were told, until they become convinced that E&Ps are...
BUSINESS INSIDER: JPMorgan CEO Jamie Dimon said the US should pump more oil amid the world’s energy crisis, just days after the...
By: Financial Times – BlackRock has lost more than $1bn in asset management business in US Republican states upset with the company’s...
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S&P Global: US natural gas injections totaled 129 Bcf in the week ending Sept. 30, marking the largest injection into US storage...
By Rebecca Kheel, Military.com. A trio of Democratic lawmakers wants to pull all U.S. military troops out of Saudi Arabia and the...
Reuters: Wall Street analysts on Oct. 5 sharply increased their view of Exxon Mobil Corp.’s third-quarter earnings after the company disclosed a...
By – KSWO – Altus isn’t the only area seeing this kind of increase, other Oklahoma cities are also experiencing utility bills...
U.S. stocks ended higher on Monday, building on last week's gains.
According to Dow Jones Market Data, the Dow Jones Industrial Average climbed 236.77 points, or 0.6%, to end at 40,896.53 for its fifth straight daily gain.
The S&P 500 gained 54.00 points, or 1%, to 5,608.25 for its eighth straight daily gain — logging its longest winning streak since November 8, 2023, when the market rose for eight straight trading days. The index also notched its largest eight-day percentage gain since March 24, 2022.
The Nasdaq Composite rose 245.05 points, or 1.4%, to finish at 17,876.77 for its eighth straight daily gain — recording its longest winning streak since December 19, 2023, when the market rose for nine straight trading days. The index also exited correction territory on Monday after only 11 trading days, the shortest correction for the index since the one ending October 11, 2011, which lasted six trading days.
Based on data since 1971, the Nasdaq Composite saw an average gain of 0.3% in the week after exiting correction territory and an average rise of 23.6% one year after such a move.
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
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 Charles Kennedy for Oilprice.com| Refining margins across Asia fell this week to...
A small group of California Republicans has introduced several bills ahead of a special...
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