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Veteran oilman Robert Price was regaled with stories of dogsledding and adventures in Greenland as a child from his father who served as a military weatherman there during World War II. Those stories kept the massive, icy North American territory in his mind until this year. After a series of still-pending deals, Price will soon … Read more
On a farm near Manchester, New Hampshire, I was recently treated to a gusher of dirty water, not exactly the sort of thing that most startups will show a reporter. But for Dig Energy, the mud is a feature, not a bug, of its compact drilling rig. The startup, which has been operating in stealth … Read more
NEWYou can now listen to Fox News articles! Defense Secretary Pete Hegseth is considering reversing a ban on the “shark attack,” the time-honored aggressive practice used by drill sergeants to train U.S. Army recruits in basic training. The practice was usually employed at the beginning of training by having several drill sergeants swarming trainees and … Read more
The Federal Reserve Bank of Dallas’ quarterly survey of over 130 oil and gas producers based in Texas, Louisiana, and New Mexico, conducted in June, suggests the industry’s outlook is pessimistic. Nearly half of the 38 firms that responded to this question saw their firms drilling fewer wells this year than they had earlier expected. … Read more
An operator for Baker Hughes conducts a wireline survey on a Chesapeake Energy natural gas rig in the North Texas Barnett Shale near Burleson, Texas. Matt Nager | Getty Images President Donald Trump wants the oil and gas industry to “drill, baby, drill” in pursuit of his energy dominance agenda, but the companies involved in … Read more
In anonymous comments collected by the Dallas Fed, some US oil and gas executives didn’t pull their punches as they criticized key policies of President Donald Trump. Most respondents decried the uncertainty and higher costs from his tariffs, while others said plans to sharply lower crude prices are incompatible with a major expansion in energy … Read more
President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the plan. “Right now, with low oil prices, I think we’re going to start to see a lot of companies starting to pare back on their capital spending,” said Clark Williams-Derry, an energy finance … Read more
RedStone token continued rising on Saturday, continuing a trend that happened when it bottomed at $0.4195 earlier this month. RedStone (RED) price rose to a high of $0.7545, its highest level since March 7. It has jumped by almost 80% from its lowest level this month, giving it a market cap of over $204 million. … Read more
Donald Trump used his inauguration speech to pledge America’s economy would be boosted by oil reserves. Shareholders in the industry are agnostic to his wishes. Read More
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