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...
Source: U.S. Energy Information Administration, Petroleum Supply Monthly Annual U.S. crude oil production reached a record level of 10.96 million barrels per day (b/d) in 2018,...
S&P Global News ~ Anchorage, Alaska — Hilcorp Energy has started production at its new Moose Pad viscous oil project in the Milne...
By Rachel Adams-Heard HOUSTON (Bloomberg) — Legendary wildcatter Floyd Wilson is back with his “ninth or tenth” oil company, after his departure from...
By Tom DiChristopher – CNBC News — ConocoPhillips on Thursday announced it has struck an agreement to sell its UK oil and gas...
NEW YORK/HOUSTON (Reuters) – Growing production of Texas super-light oil – and worries about its quality compared with other types of crude...
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CNBC —Chevron announced plans Friday to acquire oil and gas exploration and production company Anadarko Petroleum in a cash and stock deal valued at $33...
Energy stocks are set to open in the green amid higher broader index futures and gains in both crude oil and natural gas this morning. News flow in the sector remains light, with sector equities tracking broader markets and commodity prices.
Oil rose on Thursday as tighter supply resulting from Saudi Arabia's pledged production cut and a potential pause to U.S. interest rate hikes offset worries over demand weakness and a global economic slowdown. At an OPEC+ meeting on Sunday, Saudi Arabia said it will cut its crude output by 1 million bpd in July on top of a broader deal to limit supply into 2024 as the producer group seeks to boost flagging prices.
Natural gas futures are higher by a penny ahead of weekly inventory data expected to show a build of 116 bcf for last week.
New York City was filled with reddish haze yesterday, with its worst air quality on record. A Broadway matinee was interrupted when its star had difficulty breathing, and some nighttime shows were canceled. Pro sports teams in both New York and Philadelphia postponed their games. In Binghamton, N.Y., a meteorologist said that the area around him “looks like Mars” and “smells like cigars.” In Toronto, residents awoke this week to find a thick layer of ash near open windows.
The immediate cause is a series of wildfires in Quebec and Ontario, which began burning weeks ago. The larger cause is the same one damaging the air quality in the West: a sharp increase in wildfires during the 21st century, caused partly by the hotter temperatures and drier conditions created by climate change.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
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....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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