Drillers in the Eagle Ford, Texas’s other shale oil patch, will likely scale back activity in 2019 as lower crude prices eat...
In a short period, Chevron and archrival Exxon Mobil have overcome most of the leading independent producers to take over as the...
Oil & Gas Investor Magazine ~ Jeff Miller, president and CEO of Halliburton Co. (NYSE: HAL), carries a country charm that subtly...
Shares of QEP Resources, Inc. (QEP)soared 42.7% to $8.68 on Monday after hedge fund manager Elliott Management Corp. made a bid to buy...
Oil & Gas Investor ~ What can we make of oil and gas in 2018? The year started out with much promise...
Article adapted from American Oil & Gas Historical Society. Johnny Steele – who one day will become famous as “Coal Oil Johnny”...
James Hackett is taking back the reins at Alta Mesa Resources Inc., the Oklahoma-focused shale producer that’s seen its market value drop from...
Ok. I’ll admit I have never been a big Bruce Lee fan, but, while gathering inspiration for this update on STACK pilot...
Estimates Include 46.3 Billion Barrels of Oil, 281 Trillion Cubic feet of Natural Gas, and 20 Billion Barrels of Natural Gas Liquids...
Washington Examiner — OPEC agreed on Friday to an oil production cut of 1.2 million barrels per day in an effort boost...
The U.S. plans to temporarily allow gasoline with high ethanol content to be sold this summer in a bid to tame high fuel prices, administration officials say https://t.co/5b3JU3MK5g
— The Wall Street Journal (@WSJ) April 12, 2022
The energy sector is pointing to a higher start and set to recover most of yesterday’s losses as benchmark crude futures bounced off six-week lows while major equity futures surged higher and treasury yields backed off following key inflation data. The March consumer prices report showed inflation excluding food and energy costs were slightly less than expected, taking some pressure off markets concerned about aggressive interest rate hikes.
WTI and Brent crude oil futures rebounded this morning, gaining amid reports that Shanghai relaxed some of its COVID-19 restrictions which eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia. Shanghai yesterday said that more than 7,000 residential units had been classified as lower-risk areas after reporting no new infections for 14 days and districts have since been announcing which compounds can be opened up.
A key hearing is set for this Friday in Big Spring, Texas, in a...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
In the last 24 hours, tensions in the Middle East have entered a new...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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