In February of this year QEP announced strategic initiatives to transition to a pure-play Permian Basin company, reported fourth-quarter and full-year 2017...
Collin Eaton with The Houston Chronicle penned a good article on the influence of private equity in the oil and gas business, titled...
The data in this story is provided by Oseberg, a next-generation oil & gas information and data analytics company that offers a compelling...
U.S. crude oil production rose by 6,000 barrels per day (bbl/d) in January to 9.964 million bbl/d, the Energy Information Administration (EIA)...
This past winter, during a period of extreme cold throughout much of our nation, a potential natural gas crisis was averted thanks...
The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas fell by 63 billion cubic feet for the week...
Baker Hughes published its North American rig count report on Thursday, one day earlier than usual, due to the Good Friday holiday...
Update May 14th, 2020 – Chesapeake Energy Corp said it would prepay a total of $25 million in incentive compensation to 21...
The Denver Business Journal reports that Denver based SM Energy Co. has finalized a $500 million deal to sell the majority of...
Shale energy company Bill Barrett Corp. completed its merger with Fifth Creek Energy and started trading last Tuesday under the new symbol,...
The energy sector is off to a higher start, supported by strength in the crude complex. The major equity futures meanwhile were flat as investors struggle to shake off recession fears after the central bank upped its forecast for future hikes last week above previous expectations.
WTI and Brent crude oil futures are trading higher this morning, as optimism for a recovery in the Chinese economy outweigh concerns over a global recession. Investors are closely eyeing China’s next move after the country said it would make its fiscal policy more efficient, maintain the necessary intensity for spending, keep monetary policy precise and keep liquidity reasonably ample. However, COVID infections are rising after the nation eased its restrictions which could hurt China’s plans for growth. Citi Research lowered its oil price forecasts for 2023, seeing risks skewed to the downside as weak demand and ample supply from Russia and OPEC+ would keep prices lower.
Natural gas futures dropped this morning tracking losses in European gas prices and on forecasts for milder weather than previously expected.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Have your oil & gas questions answered by industry experts.