LONDON (Bloomberg) — BP Plc’s sale of a portfolio of U.S. onshore shale assets worth a combined $7 billion is progressing, with...
Reuters – Exxon Mobil Corp. on March 5 estimated production at its top U.S. shale field would rise to 1 million barrels...
It is time to start chipping away at the giant iceberg of issues surrounding post-production deducts and the litigation that follows. This...
CALGARY, Alberta–(BUSINESS WIRE)–Feb 20, 2019–RS Energy Group (RSEG) is excited to announce it has formed a strategic partnership with Denver-based FourPoint Energyand LongPoint Minerals, uniquely...
Jaime R. Carrero | Victoria Advocate –Researchers are using satellites to see how much flaring is occurring in the Eagle Ford Shale...
Hart Energy –Devon Energy Corp. (NYSE: DVN) launched plans on Feb. 19 to complete its transformation into a high-return U.S. oil growth...
Roan Resources, Inc. Announces Fourth Quarter Highlights and 2019 Development Program Focused on Capital Discipline and Positive Free Cash Flow by the...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. U.S. energy firms this week increased the number of...
Marathon Oil Corp. (NYSE: MRO) beat analysts’ estimates for fourth-quarter profit on Feb. 13, on the back of higher oil production at...
After witnessing a bombing in Iraq, the Army Reserves veteran and newspaper columnist decided to work through her P.T.S.D. in the fields...
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday as operators continue to scale back.
(Reuters) - Oil prices $2 a barrel on Friday because of jitters about a possible increase in production by OPEC and its allies, while a weaker-than-expected U.S. jobs report fed worries about demand.
Brent crude futures settled at $69.67 a barrel, down $2.03, or 2.83%. U.S. West Texas Intermediate crude finished at $67.33 a barrel, down $1.93, or 2.79%.
Brent finished the week with a gain near 6%, while WTI rose 6.29%.
Three people familiar with discussions among OPEC members and allied producers said the group may reach an agreement as early as Sunday to boost production by 548,000 barrels per day in September.
A fourth source familiar with OPEC+ talks said discussions on volume were ongoing and the hike could be smaller.
The U.S. Labor Department said the country added 73,000 jobs in July, lower than economists had forecast, raising the national unemployment rate to 4.2% from 4.1%.
U.S. stocks closed sharply lower Friday, with major indexes slumping as investors reacted to data showing jobs growth slowed substantially in July and President Donald Trump’s most recent tariffs.
The Dow Jones Industrial Average fell 542.40 points, or 1.2%, to finish at 43,588.58.
The S&P 500 slumped 101.38 points, or 1.6%, to end at 6,238.01.
The Nasdaq Composite dropped 472.32 points, or 2.2%, to close at 20,650.13.
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 Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(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...
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