(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...
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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The energy sector is off to a lower start, reeling amid steep declines in the underlying commodities and in the major equity futures which slipped lower on lingering uncertainty around the Federal Reserve’s policy outlook following yesterday’s mixed economic data. Sector news is thin and there are no major economic drivers on tap for today.
WTI and Brent crude oil futures turned lower in early trading, erasing yesterday’s gains as worries about global economic growth outweighed Saudi Arabia's pledge to deepen output cuts. The mood was dented by data that showed German industrial orders fell unexpectedly in April mixed with reports showing the U.S. services sector barely grew in May as new orders slowed, shifting attention back to the Fed to see if they will hike or hold interest rates in June. Backwardation in Brent crude oil futures retreated with the six-month spread falling to around $1.96/bbl this morning. Traders will be looking to the EIA short-term energy outlook later today, tomorrow’s Chinese May trade data and next round of inventory data for fresh demand indicators.
Natural gas futures turned lower this morning, retreating following two-consecutive days of strong gains after overnight forecasts for the next two weeks turned slightly cooler.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
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...
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