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...
LONDON (Reuters) – One of the world’s biggest traders, Trafigura, booked a $254 million loss from oil and gas market hedges last year, highlighting the challenges traders...
By Javier Blas —Bloomberg — Standing at the center of the prolific Permian Basin, Scott Hodges explains how the future of the world’s...
(Bloomberg) — For the last six years, Kevin Bowen has made good money selling sand to shale frackers who use it for...
(Reuters) – Next-day natural gas prices for Wednesday at the Waha hub in West Texas plunged to record negative levels as a...
Roswell Daily Record — A Roswell energy development company has paid almost $400,000 for an oil and gas lease in Lea County,...
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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