ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday. The Whiptail discovery in the Stabroek Block adds to more than a dozen discoveries on the block and the previous recoverable resource estimate of approximately 9 billion oil-equivalent barrels. Whiptail, located southeast of Uaru and […]
U.S. natural gas demand and prices are “off to the races,” driven by a convergence of supply and demand-related factors as the world emerges from Covid-19, IHS Markit’s Jack Weixel, senior director, said Monday. Publicly traded exploration and production (E&P) firms largely “are sticking to their capex guns, meaning that they are actually constraining their […]
Oil futures rallied Wednesday, with U.S. prices recouping much of their recent losses to finish back above the $70-a-barrel mark. Prices have rebounded after suffering a steep drop on Monday of more than 7%, the biggest daily decline of the year as the spread of the delta variant of the coronavirus threatened the outlook for oil demand. The Energy Information […]
Each real estate sector—whether residential, commercial, or industrial—comes with varying levels of risk and reward. With a bit of research, investing in one (or a combination of) of these sectors can yield excellent returns. DiversyFund used data from the FTSE Nareit All Equity REITs Index, last updated on June 4, 2021, to curate a list of today’s […]
It’s very common for family members to become caregivers for other family members or help them financially when medical care or long-term care is needed. It’s also common for these families to leave money on the table by not taking all the tax breaks they could. An adult child might help pay for in-home services […]
The strong rally in commodity prices and the recovery in share prices in the second quarter of 2021 marked the return of many energy mergers and acquisitions in the U.S. upstream segment, with quarterly value sitting at its highest since the second quarter of 2019, energy data analytics company Enverus said on Monday. Following a timid start […]
A year of pandemic and social reckoning has changed the nation in countless ways. But one thing has stayed the same: America’s Top State for Business is Virginia. The Old Dominion captures top honors in CNBC’s 2021 competitiveness rankings, just as it did in the previous study published in 2019. It is Virginia’s fifth win since the study began in 2007, […]
Running a medical practice usually means high income. Of course, that also implies more significant tax obligations. The truth is while your taxes are normally quite high, medical practices have many legal tax reduction strategies available to them. Many believe that only the uber rich can afford the tax strategies developed by tax strategists and […]
While several op-ed pieces derided billionaires’ one-upmanship in the race to space as vain and wasteful —there are many who see them as pioneers making an investment into the future of humanity. Space Tourism, currently in a nascent stage with just three private companies —Blue Origin, Virgin Galactic and SpaceX— in the fray, is about […]
As we celebrate the 4th of July holiday, America’s national security should be front of mind. As such, the energy freedoms that are made possible by domestic natural gas development deserve to be recognized and celebrated this Independence Day weekend. Energy security has been a national priority for generations, and was brought to the forefront […]
