By Suzanne Edwards, Natural Gas Intel ~ Oklahoma City, OK-based Continental Resources Inc. turned in a third-quarter earnings report that beat expectations...
Houston Chronicle – Stephen Chazen believes Wall Street’s recent push for U.S. shale drillers to return cash to shareholders isn’t meant to...
Hart Energy—Throw a rock in the financial district in Manhattan these days and you are bound to hit someone who is bearish...
NEW YORK (Reuters) – The largest banking lenders to the U.S. oil and gas sector are becoming more cautious, marking down their...
In the oil and gas industry, technological advances have made it easier for companies to complete their most important tasks on a...
Houston Chronicle—HOBBS, N.M. — Yates Petroleum, a privately held company, was scooped up by Houston’s EOG Resources. Then the extensive Bass family...
Jordan Blum – Houston Chronicle – The U.S. shale boom is at a tipping point as it struggles to profit amid weaker...
By: Geoffrey Morgan – Financial Post – CALGARY – While companies drilling for oil and gas have shrunk in recent years, RS...
Texas Monthly—writer-at-large Loren Steffy’s new book, George P. Mitchell: Fracking, Sustainability, and an Unorthodox Quest to Save the Planet (Texas A&M University Press), is...
Adrian Hedden, Carlsbad Current-Argus—Residents have two weeks to file comments on the federal BLM’s February 2020 sale of leases of New Mexico...
Energy stocks are set to regain some of their recent losses, though the psyche remains fragile around oil and energy stocks following crude’s drop below $70 to a fresh 6-month low yesterday. Crude prices are rebounding, and are back above $70, currently trading around $75. News flow is fairly light, though a handful of operational updates were released, with Chevron issuing 2024 capex of $15.5-$16.5 billion, while Shell was upgraded by a research arm.
Oil prices reclaimed some ground on Thursday after tumbling to a six-month low the previous day, but investors remained concerned about sluggish demand in the U.S. and China. "With the largest global importer of oil (China) shuttering its thirst for crude, pressure remains on prices as the largest producer, the United States, continues with headline output," PVM Oil analyst John Evans said.
Natural gas futures are down 1% after falling 5% yesterday. Weekly inventory data expects a draw of 105 bcf vs the 5-year average of -48 bcf.
The world lost two of our older and wiser inhabitants this week, with the...
Exxon Mobil (XOM.N) has outlined a steady investment strategy, aiming for an annual project...
The U.S. Environmental Protection Agency (EPA) announced a pivotal climate regulation on Saturday, mandating...
Venezuelan President Nicolás Maduro has directed state-owned enterprises to begin immediate exploration and exploitation...
Occidental Petroleum is in advanced talks to acquire CrownRock, a prominent private oil producer...
Story By Jerry Bohnen |OK Energy Today| Last week, AAA raised the question…”Is it...
As Dubai’s glittering skyline plays host to global leaders at COP28, the United Nations’...
Story By Shelly Hagan|Bloomberg via RigZone.com| A Texas oil heir’s quest to make Dallas...
DUBAI, United Arab Emirates (AP) — Commercial ships came under attack Sunday by drones...
In a surprising turn of events, investors have shown an increasing interest in the...
Elliott Investment Management, a prominent activist investor, has recently acquired a $1 billion stake...
LONDON, (Reuters) – Giant batteries that ensure stable power supply by offsetting intermittent renewable...
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