Bloomberg – Chesapeake Energy is preparing a potential bankruptcy filing that could hand control of one of the leading lights of the...
Barrons – Falling fossil fuel demand coupled with mounting risk for investors could slash the value of oil, gas and coal reserves...
Reuters – U.S. shale oil producers are reversing production cuts as prices recover from historic lows, underscoring shale’s ability to quickly adjust...
Forbes – Oil is back. The collapse in the global oil price at the start of the Coronavirus crisis got many headlines,...
Bloomberg – While OPEC has helped global oil markets recover from the coronavirus crisis, the cartel will soon face a new challenge:...
Forbes – As our energy-environment discussion marches on amid the pandemic, one of our biggest concerns must be that temporary fallen demand...
The Oklahoman – Unit Corp. files BK. – The energy pricing shock caused by an economic shutdown because of the COVID-19 pandemic...
Bloomberg – Oil prices have surged more than 75% in the U.S. this month. But don’t expect a quick rebound in supply from shale...
The Oklahoman – Oklahoma is a state that has learned how to live through boom and bust. While we are constantly working...
Reuters – Royalty checks from shale oil pumped on Paul Ruckman’s land allowed the South Texas retiree to build a six-bedroom, seven-bathroom...
Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014 before easing, after Russia's attack on Ukraine exacerbated concerns about disruptions to global energy supply.
Russia launched an all-out invasion of Ukraine by land, air and sea in the biggest attack by one state against another in Europe since World War Two. read more
Global benchmark Brent crude rose $2.24, or 2.3%, to settle at $99.08 a barrel, after touching a high of $105.79.
U.S. West Texas Intermediate (WTI) crude rose 71 cents, or 0.8%, to settle at $92.81 a barrel, after earlier rising to $100.54.
U.S. shale producer Diamondback Energy (FANG.O) on Wednesday said the largest U.S.-producing basin could be running some 350 to 400 rigs by the end of the year, up from around 300 currently, as oil prices have climbed to over $90 a barrel.
The company, which plans to keep its Permian oil production flat this year, said output growth is being led by private firms, and more recently oil majors.
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
Whether the weakness persists will show up first in structure and stocks: if spreads...
Operators across the Lower 48 are entering a pivotal new phase of development, where...
Algeria has taken another major step to revitalize its oil and gas sector, signing...
In a rare win for both production and environmental performance, a new analysis by...
By Irina Slav for Oilprice.com | The amount of oil on tankers in transit...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the...
Vortexa’s figures exclude oil in floating storage, defined as oil stored on stationary vessels...
Story By Charles Kennedy |OilPrice.com| Texas’ inventory of orphaned oil and gas wells has...
A high-stakes courtroom fight in Delaware has pitted bidders for the parent company of...
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