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Oil & Gas News
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954Oneok To Buy Magellan in $19B Pipeline Deal
In a significant move for the US oil and natural gas pipeline sector, Oneok Inc. has agreed to acquire Magellan Midstream Partners...
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1.9K
Santa Rita: The Centenarian Well that Put the Permian On the Map
Story by Deon Daugherty |Hart Energy| In the early hours of May 28, 1923, an oil well that almost wasn’t roared to...
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Oil market will ‘flip to being undersupplied’ in coming months, says strategist
Ines Ferré·Markets Reporter |Yahoo Finance|. The imbalance between oil supply and demand is likely to reverse going into the summer, says one...
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742
Permit Crackdown Poses New Hurdles For LNG Projects
By: Reuters – The U.S. Department of Energy’s refusal to grant export permit extensions to liquefied natural gas (LNG) developers that fail...
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Charlie Munger pockets $70,000 a year from a $1,000 investment he made in 1962 – and has likely raked in over $1 million in total
Story by Theron Mohamed |Business Insider| Charlie Munger rakes in $70,000 a year from a $1,000 investment he made six decades ago...
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Warren Buffett’s Apple bet is worth $158 billion or 22% of Berkshire Hathaway’s total market value.
Story by Theron Mohamed |Business Insider|Warren Buffett’s Apple bet has surged in value by almost 40% this year to $158 billion — an...
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779
Natural Gas In $2 Death Grip As Storage Rampage Continues
By: Investing.com – Storage. Storage. Storage. The natural gas market just can’t seem to get enough of storage. With gas inventories from two weeks...
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703
U.S. natgas output to hit record high in 2023, demand to fall
(Reuters) – U.S. natural gas production will rise to a record high in 2023, while demand will fall, the U.S. Energy Information...
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Gas Prices At Waha Hub Turn Negative
By: Reuters – Spot natural gas prices for Wednesday at the Waha hub in the Permian Shale in West Texas fell into...
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MarketWatch: Here’s how to play oil-industry stocks for long-term growth of 20% or more
Story by Philip van Doorn |MarketWatch.com| Oil demand is likely to hold up longer than many people expect during the anticipated transition...
