By: Judith Kohler – The Denver Post – Two of the biggest mergers in the oil and gas industry this year took...
By: Greg Avery – Denver Business Journal – A private equity-backed business has acquired a Denver-based oil and gas company with thousands...
By: Reuters Staff – Reuters – U.S. oil and gas mergers surged last quarter with the most $1 billion-plus deals since 2014,...
David Hasemyer, Inside Climate News – The Trans-Alaska Pipeline, one of the world’s largest oil pipelines, could be in danger due to...
By: Laila Kearney – Reuters – North Dakota is suing the U.S. government on claims the Department of the Interior and the...
A spike in oil and gasoline prices is touching off concerns about inflation and other long-term energy effects — and putting President...
By: Anthony Di Paola – Bloomberg – The OPEC+ oil cartel is facing its biggest crisis since a price war at the...
While Saudi Arabia continues to develop its oil industry, it is not shying away from alternative energy options, with state-owned Aramco now...
(Reuters) – Royal Dutch Shell Plc plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp, four...
By: Joshua Mann – Houston Business Journal – Private equity investment in the oil and gas business could begin to pick up...
Devon (DVN) expects the deal to be immediately accretive to all relevant per-share metrics in the first year, including earnings, cash flow, free cash flow and net asset value.
The energy sector is set for a higher start supported by strength in the underlying commodities despite weakness in U.S equities. The major market futures are down as tech-driven optimism eased and as a rise in oil prices has increased existing concerns of a further rise in global inflation.
WTI and Brent crude oil are up in early trading on the easing of China’s COVID-19 restrictions and a possible strike by Norwegian oil workers. Oil futures are extending their upward trend despite economic data showing builds for crude and oil products as traders expect oil demand to pick up following China’s decision to end its COVID-19 related lockdowns. The API report showed U.S crude, gasoline and distillate inventories rose for the week ending June 3rd, which was largely ignored by the markets. Additionally, Norwegian oil workers plan to strike from June 12 if state-brokered wage meditation fails, potentially putting crude output at risk of shutdown. However, the Chief of the Lederne labor union says gas may not be affected as they will try to avoid hurting gas production, pointing out supply issues created by the war in Eastern Europe.
Natural gas futures have edged up this morning on a decline in output and forecasts for warmer weather and higher demand than previously expected.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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