Casper Star-Tribune. By Camille Erickson Via Wyoming News Exchange. CASPER – Rigs and the ubiquitous heads of pumpjacks, usually faithfully bobbing up...
S&P Global – After years of punishment as the shale gas boom imploded, many shale gas stocks outperformed major indexes and their...
RigZone.com. By Andreas Exarheas – Pacific Drilling S.A. (OTC: PACDQ) has announced that the United States Bankruptcy Court for the Southern District...
By: J. Robinson – S&P Global Platts – A steep drop in Permian gas production this year is driving a significant shift...
By: Jensen Werley – Denver Business Journal – QEP Resources (NYSE: QEP), a Denver-based oil and gas company, is being acquired by...
By: Camille Erickson – Casper Star-Tribune – An oil and gas lease sale held last week in Wyoming by the Bureau of...
By: Storme Jones – News On 6 – The Seminole Nation of Oklahoma sent energy companies within tribal boundaries a letter notifying...
By: Judith Kohler – The Denver Post – SandRidge Energy is selling its operations in Colorado’s North Park for $47 million to Gondola...
By: Arunima Jumar – Reuters – U.S. oil refiner Phillips 66 on Monday set its 2021 capital budget at $1.7 billion, around...
By: Jude Clemente – Forbes – For the U.S. oil & gas industry, the struggle through Covid-19 might just be the “most unique...
U.S. crude oil closed below $60 per barrel on Tuesday, the lowest level in four years as traders fear that President Donald Trump's sweeping tariffs will trigger a full-blown, global trade war.
U.S. crude oil lost $1.12, or 1.85%, to close at $59.58 per barrel, the lowest level since April 2021. Global benchmark Brent fell $1.39, or 2.16%, to settle at $62.82 per barrel.
The U.S. benchmark rose much as 1.7% earlier in the session, but pulled back as Trump's China tariffs loom over the market. Prices are down more than 15% since last Wednesday when Trump announced the new round of import taxes.
Helima Croft, global head of commodity strategy at RBC Capital Markets, said the oil market faces a "toxic cocktail" of recession fears due to Trump's tariffs and OPEC+'s decision to bring more barrels back to the market.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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