If confirmed, the strike would be a bold step for Israel’s clandestine operations in Syria, taking out an Assad regime insider from...
BP plc (BP) forecasts that global oil demand will reach its zenith next year, marking a pivotal shift as wind and solar...
Story Credit| Anthony Di Paola | Bloomberg | Saudi Arabia boosted imports of the dirtiest type of oil to the highest in...
On July 11, 2024, the U.S. Federal Trade Commission (FTC) sent a second request for additional information to both ConocoPhillips and Marathon...
Story By Jason Plautz| E&E News |Politico| After years of flat power demand, America’s digital economy is turning electricity into a growth industry....
The global liquefied natural gas (LNG) market witnessed a significant surge in trade, growing by 3.1% in 2023 to an average of...
Story by Andreas Exarheas| RigZone.com|Recent Houthi attacks in the Red Sea have sharply increased, disrupting shipping routes and impacting oil markets, Rystad Energy...
A new Solana-based crypto initiative, Elmnts, is set to revolutionize the blockchain space by introducing the tokenization of oil and gas well...
Story from Bloomberg, via RigZone.com| Michael Nienaber & Petra Sorge| Germany is nearing a decision on what to do with the local...
Devon Energy (DVN.N) announced on Monday its strategic move to acquire Grayson Mill Energy, a major Bakken-focused energy producer owned by private...
U.S. stocks ended near the session's highs on Thursday, as inflation data helped cement expectations for the Federal Reserve to take a modest approach next week with its first interest-rate cut in four years.
The Dow Jones Industrial Average gained 235.06 points, or 0.6%, ending at 41,097.77. The session high was 41,107.35.
The S&P 500 climbed 41.63 points, or 0.8%, closing at 5,595.76.
The Nasdaq Composite advanced 174.15 points, or 1%, finishing at 17,569.68.
The S&P 500 and Nasdaq both sealed their fourth straight session of gains.
Despite an uptick in turbulence, recent gains for stocks left equities on the doorstep of record territory. According to Dow Jones Market Data, the Dow ended Thursday only 1.1% below its record close from late August, while the S&P 500 was 1.3% off its mid-July record finish. All three indexes also were on pace for the biggest weekly gains since the week ending August 16.
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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...
Helium is the second most abundant element in the universe after hydrogen. It is a...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
By Irina Slav for Oilprice.com | Crude oil prices moved higher today after the...
The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC),...
Chris Matthews from Hart Energy, who covers the North American upstream shale energy industry...
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