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,...
Oklahoma City-based Devon Energy Corp said on Monday it was looking to sell even more assets than previously announced in order to...
Second straight weekly rise in the U.S. oil-rig count Crude oil prices have added about 7.7% over the past two weeks, driven...
South Korean energy giant SK Innovation has signed an agreement to acquire a US oil and gas explorer to expand its overseas...
Producers in the recently opened Merge play of Oklahoma’s Anadarko Basin are sitting atop a resource that rivals some of the world’s...
Oklahoma Leasing Activity Continental Resources remains one of the most active operators in Oklahoma; they continue to acquire acreage throughout the SCOOP focusing in Stephens...
The energy sector is off to a lower start, pressured by weakness in the major averages. U.S. stock futures are trading down as the markets expect the Federal Reserve to maintain its aggressive monetary policy stance at tomorrow’s policy meeting.
WTI and Brent crude oil futures are now down in early morning trading as investors remain on alert ahead of the Federal Reserve policy meeting tomorrow where it is expected the Fed will raise interest rates by 75 basis points. Markets around the world remain concerned on the possibility of a global economic slowdown as central banks across the world hike interest rates in order to tame inflation. This morning, Sweden's central bank hiked its benchmark rate by a greater than expected full percentage point and warned of more to come. Rate hikes are expected from the Bank of England and the Swiss Central Bank which will hold their policy meetings on Thursday. Tighter monetary policies have also lent support to the U.S. Dollar which is holding up near a 20-year high. Additionally, the DOE said it would sell up to 10M barrels from the SPR for delivery in November, which extends the plan's original aim to sell 180M barrels by the end of October.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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