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...
John Kemp – Reuters– By early last week, hedge funds had become the most bearish toward oil prices since the start of...
Oklahoma State University has announced that a conference table used daily by the late legendary philanthropist T. Boone Pickens will be lent...
Reuters – U.S. shale producer Parsley Energy Inc on Monday agreed to buy smaller peer Jagged Peak Energy Inc in an all-stock...
The Journal Record – Thanks in large part to the unprecedented success of Oklahoma’s natural gas producers, the United States is set...
By Kelly Gilblom – Bloomberg – When BP Plc announced its historic exit from Alaska, Chief Executive Officer Bob Dudley pointed to...
The U.S. crude inventory balance fell by 4.383M barrels during the week ended Oct. 13, according to the API. That contrasted with a 12.94M jump in the prior week to Oct. 6 led largely by a sharp decline in exports.
Aside from that balance, the API also noted a 1.005M barrel decline at the Cushing, Oklahoma delivery point for U.S. crude, versus the previous week’s draw of 0.547M. Cushing storage levels have dropped drastically this year, prompting concerns they might reach such critical lows to complicate operations at the storage hub.
On the fuel side, the petroleum trade group reported a gasoline inventory slide of 1.578M barrels and distillate stock drop of 0.612M barrels. In the prior week, gasoline saw a 3.645-M barrel build while distillates experienced a 3.535M drop.
Hundreds of people were killed by a strike at a hospital in Gaza City on Tuesday night where thousands of civilians had been sheltering.
The Gazan health authorities said the blast had been caused by an Israeli airstrike; the Israel Defense Forces said it was caused by a rocket fired by a Palestinian armed group that malfunctioned after launching. Neither assertion could be immediately verified.
It sounds like something out of a Netflix crime drama, but this one’s all...
In a stark reminder of the volatile energy landscape and the relentless drive for...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
After months of tough negotiations and political tension, the United States and Ukraine have...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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