The Wall Street Journal – After pushing U.S. oil and natural-gas shale production to record levels, some shale companies are doing the...
Yahoo Finance—A few high-profile shale executives say the glory days of shale drilling are over. In a round of earnings calls, the...
Sergio Chapa – Houston Chronicle – At first, there were not enough pipelines to move oil and natural gas to market. Then,...
BY JENNIFER WARREN | D Magazine—America has been on the forefront of an oil and gas revolution for nearly two decades, owing to...
By Suzanne Edwards, Natural Gas Intel ~ Oklahoma City, OK-based Continental Resources Inc. turned in a third-quarter earnings report that beat expectations...
Houston Chronicle – Stephen Chazen believes Wall Street’s recent push for U.S. shale drillers to return cash to shareholders isn’t meant to...
Hart Energy—Throw a rock in the financial district in Manhattan these days and you are bound to hit someone who is bearish...
NEW YORK (Reuters) – The largest banking lenders to the U.S. oil and gas sector are becoming more cautious, marking down their...
In the oil and gas industry, technological advances have made it easier for companies to complete their most important tasks on a...
Houston Chronicle—HOBBS, N.M. — Yates Petroleum, a privately held company, was scooped up by Houston’s EOG Resources. Then the extensive Bass family...
The energy sector is off to a flat to lower start, tracking modest gains in crude. U.S. stock futures are lower as investors await Chairman Powell’s semiannual monetary policy testimony before the House Financial Services Committee beginning at 10 a.m. ET.
WTI and Brent crude oil future steadied and turned higher while the market remains cautious ahead of Chairman Powell’s testimony later today, and on the prospect, the Bank of England will be hawkish in their monetary policy decision tomorrow. Two Fed policymakers and an economist are set to join Mr. Powell with their focus expected to remain on bringing down inflation. British inflation held at 8.7% in May, defying predictions of a drop and increasing expectations the Bank of England will raise interest rates by an estimated 50 basis points on Thursday. Analysts predict a drawdown in U.S crude stocks when the API figures are released later this afternoon, with estimates predicting inventories fell by about 400K barrels in the week ending June 16.
Natural gas futures edged lower this morning on forecasts for higher inventories as a consensus for EIA weekly storage data due tomorrow has a build of +93 Bcf vs the 5-year average of +86 Bcf.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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