The number of drilled but uncompleted wells in the United States continues to climb Source: U.S. Energy Information Administration, Drilling Productivity Report The number...
Ventana Exploration and Production II (VEP II) recently received a new round of equity capital from an affiliate of Starwood Capital Group...
By KEVIN D. WILLIAMSON – The National Review –The United States is producing beaucoup natural gas — you knew that. But do you...
(Reuters) – Pioneer Natural Resources Co beat Wall Street estimates for quarterly profit on Monday, and said it sold its Eagle Ford...
By Jack Money – NewsOK — Continental Resources reported Monday it earned a first-quarter net income of $187 million, or 50 cents...
Jordan Blum, Houston Chronicle — ST. FRANCISVILLE, La. — A row of pink azaleas and centuries-old live oaks lead to the Catalpa...
(Reuters) – Anadarko Petroleum Corp, the U.S. oil and gas exploration and production company that agreed this month to sell itself to...
By: Jordan Blum – Houston Chronicle – Houston’s Occidental Petroleum is upping its offer to buy Anadarko Petroleum, creating a public bidding...
(Reuters) – Oil and gas producer Apache Corp. said April 23 it temporarily halted production at its Alpine High assets in the...
Bruce Finley – The Denver Post ~~ The U.S. Environmental Protection Agency and state health officials have reached a $3.3 million settlement...
U.S. stocks ended lower on Monday after President Donald Trump said he would levy a 100% tariff on movies produced outside the country. The White House said in a clarifying statement that no final decisions had been made.
Investors are also awaiting the Federal Reserve policy meeting to be concluded on Wednesday.
According to Dow Jones Market Data, the Dow Jones Industrial Average dropped 98.60 points, or 0.2%, to end at 41,218.83, snapping a nine-day winning streak.
The S&P 500 fell 36.29 points or 0.6% to close at 5,650.38, also snapping a nine-day winning streak.
The Nasdaq Composite declined 133.49 points or 0.7% to finish at 17,844.24.
Crude prices CL.1 dropped about 4%, near $56 a barrel, late Sunday after OPEC+ on Saturday agreed to ramp up output in June for a second straight month. The additional production of 411,000 barrels a day — after a similar hike in May — is seen as a punishment for overproduction by nations such as Iraq and Kazakhstan that had sent crude prices sharply lower, as well as appeasing President Donald Trump ahead of his upcoming trip to Saudi Arabia, Qatar and the UAE. June West Texas Intermediate crude CLM25 fell 7.5% last week, the biggest weekly drop since the week ending April 4, according to Dow Jones Market Data. U.S. benchmark oil prices fell 18.6% in April — their biggest monthly loss since November 2021.
Crude prices CL.1 gained some ground Monday morning, trading up at $57.41 per barrel as of 7:06 AM ET.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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