By: Jack Money – The Oklahoman – Chesapeake Energy Corp. aims to whittle down a substantial amount of crippling debt through a...
By: Ed Hirs – Forbes – When does $9 equal $40? When the alchemists in the oil patch present their numbers to...
By: Jack Money – The Oklahoman – The three-member Oklahoma Corporation Commission on Wednesday denied a request to limit the amount of...
Houston Chronicle – Most analysts predict the oil price crash that has led to steep losses, thousands of layoffs, and a growing...
By: Jack Money – The Oklahoman – Congress is being lobbied to consider economic stimulus packages for energy industry states, including Oklahoma....
By: Albert Wynn – Bloomberg Law – We put natural gas in the spotlight as the nation has begun reopening state by...
Forbes – Much has been reported about the many impacts the COVID-19 pandemic has had on the U.S. oil and gas industry,...
Forbes – Oil service companies are struggling as French giant Schlumberger announced on Wednesday that it will book a $1.4 billion charge against its...
Roger Conrad – Forbes – The whole thing took almost a year and a half from start to finish. But Atlantic Coast...
By: Christopher M. Matthews and Andrew Scurria – The Wall Street Journal – Banks are slashing credit lines to shale drillers, as...
The energy sector is off to a mixed to lower start, pressured by weakness in the major market indices but supported by strength in the underlying commodities. U.S. stocks are down in the pre-market as investors continue to fear the possibility of a recession following the recent interest rate hikes.
WTI and Brent crude oil are up in early trading following an unforgiving Tuesday for the crude complex where oil prices dropped, closing below $100 for the first time since April. Oil futures are recouping some of yesterday’s losses as concerns over tight supply reemerged and outweighed lingering worries about a global economic slowdown. Tuesday’s protests came to an end as Norway’s government intervened to end the strike and confirmed that all oil and gas fields that were affected are expected to be back in full operation within a couple of days. Additionally, the Caspian Pipeline Consortium (CPC) which handles 1% of global oil and takes oil from Kazakhstan to the Black Sea through one of the world’s largest pipelines, has been told by a Russian court to suspend activity for 30 days. However, two trading sources familiar with the terminal operations confirmed that oil exports from the terminal are still flowing.
Natural gas futures rose this morning, tracking gains in the crude complex and on forecasts for more demand than previously expected.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
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