HOUSTON–(BUSINESS WIRE)–Aug 20, 2018–Post Oak Energy Capital, LP (“Post Oak”), through investment partnerships it manages, today announced that it led a $100...
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. U.S. energy...
Diamondback Energy Inc. said Aug. 14 it will create a Permian powerhouse with the acquisition of Energen Corp. in an all-stock transaction...
The Midland oil producer Diamondback Energy said it will pay $1.2 billion for the assets of a Permian Basin-focused Houston startup. Diamondback...
As the United Kingdom fought for its survival during World Way II, a team of American oil drillers, derrickmen, roustabouts and motormen...
AUTHOR: Range Resources Vice President of Drilling, Don Robinson as reported in the Journal of Petroleum Technology, August 2018. In early 2018, with...
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. Oil Markets...
Kimbell Royalty Partners, LP reported Q2 EPS after closing the Haymaker acquisition in July.
There is no denying that the oil & gas industry has struggled in recent years with varying opinions on the effects of...
U.S. oil producer Apache Corp is putting its West Texas pipeline assets into a joint venture with investment firm Kayne Anderson that...
The EV-market leader Tesla is bidding for a portion of billions in federal and state dollars that are up for grabs in coming years as the Biden administration, automakers and many states try to accelerate a fast-charger build-out along highways to reassure drivers that they can travel without fear of losing power.
Tesla already has a national network of fast chargers for its own drivers, but they aren’t available to other types of vehicles in the U.S. For a year, the company has said it plans to open its U.S. network to others, though details about timing and whether it would open existing stations or new ones have been sparse. Recent regulatory filings and other documents indicate that the company is applying for public funding that, if granted, would require access by other makers of EVs to the network.
Investors appear to be taking disappointing earnings reports in stride.
After a punishing start to the year, the S&P 500 has climbed nearly 5% in July, including last week’s 2.5% rise. Even some companies that have posted sharply lower quarterly results have seen their shares rally in the following days.
So far this reporting season, shares of companies in the S&P 500 that have missed Wall Street’s earnings expectations have slipped 0.1% on average in the two days before their report through the two days after, according to FactSet. That compares with the five-year average of a 2.4% decline.
Read MORE on this story, via the Wall Street Journal
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
Have your oil & gas questions answered by industry experts.