Presidio Investment Holdings LLC (“Presidio Petroleum”, “Presidio”, or the “Company”) announced today that it has completed its acquisition of all the oil...
Randy Diamond – San Antonio Express-News: A fight between a pipeline operator and an energy company is putting natural gas flaring, a...
Liz Hampton Reuters – Packers Plus Energy Services, a company built on the North American shale oil boom, is turning to the...
By Brandon Evans, S&P Global Platts, Denver — Operators in the SCOOP/STACK have shed about a quarter of rigs in the play...
By Liam Denning – (Bloomberg Opinion) — A big deal in the Permian basin should be cause for fanfare in oil and gas...
By Nilanjan Choudhury, Zacks – For several years now, the Permian basin has been considered the most significant shale field in the...
By Kyla Asbury | Jul 10, 2019 – West Virginia Record – CHARLESTON — The West Virginia Supreme Court of Appeals sided with the Mass...
By Marione Martin, The Alva Review-Courier –The future of oil production in Woods and nearby counties lies in keeping costs low to...
By Jordan Volino, Contributor – With the advent of horizontal drilling and the ability to stack lateral wells, it is becoming increasingly...
By Jordan Blum – Houston Chronicle –Canada’s Encana Corp. bought The Woodlands-based Newfield Exploration earlier this year, and now Encana will sell...
President Biden landed in Israel as the world waited for evidence of whether a Hamas-linked group or Israel caused a devastating explosion yesterday at a hospital in Gaza City.
The explosion, evidently from a missile, killed hundreds of people and injured hundreds more. (This video, verified by Times journalists, shows the moment the blast destroyed the hospital.)
After Biden landed, he seemed to endorse Israel’s denial of responsibility. “Based on what I’ve seen, it appears as though it was done by the other team, not you,” he said. “But there’s a lot of people out there not sure.”
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.
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...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
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...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
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