Denver — Operators in Oklahoma’s SCOOP/STACK, once one of the hottest US onshore plays outside the Permian, have scaled back on the number...
PUBLISHED SUN, SEP 15 2019 Natasha Turak@NATASHATURAK – CNBC KEY POINTS Saudi Arabia’s stock market fell by 2.3% at Sunday’s open as...
By Cheryl Hall – Dallas Morning News – T. Boone Pickens, legendary energy executive, philanthropist, ardent Oklahoma State University supporter and one of America’s...
ODESSA, Texas (Reuters) – Oil producers and their suppliers are cutting budgets, staffs and production goals amid a growing consensus of forecasts...
(Reuters) – General Electric is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of...
By Austin Weinstein – Bloomberg – So much of the Texas land in the Permian Basin is under production that the lights...
Natasha Turak – CNBC – Saudi Arabia has seriously ramped up its oil exports to China in recent months. How dramatic is...
By Kevin Crowley – Bloomberg – Exxon Mobil Corp. Chief Executive Officer Darren Woods is eyeing oil and natural gas deals despite calls to...
(Reuters) – U.S. oil and gas producer Concho Resources Inc said on Tuesday it would sell a portion of its New Mexico...
Tom Stromme – Bismarck Tribune – The number of abandoned oil and gas wells in North Dakota has grown 10% over the...
The energy sector kicked off the holiday-shortened week mixed to lower, tracking weakness in the broader equity futures, but continued strength in the crude complex is helping to stem the declines. Stock futures fell as rates continued to tick higher and as investors scrubbed through the latest batch of fourth-quarter earnings ahead of key economic data later this week.
WTI and Brent crude oil futures extended their climb higher this morning, backed by escalating tensions in the Middle East. Yemen's Houthi movement released a statement that it will expand its targets in the Red Sea region to include U.S. ships and that it would keep up attacks after U.S.-led strikes in Yemen. Elsewhere in the region, Iran said it had launched ballistic missiles at targets in Iraq and Syria in defense of its sovereignty and to counter-terrorism. Investors are also awaiting a speech by the U.S. Federal Reserve's Christopher Waller later today for clues about when the Fed might begin to cut interest rates.
Natural gas futures are off over 7% in early trading, pressured by warmer weather forecasts in key consuming regions that will offset supply losses due to the current polar vortex.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
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...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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