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...
Tom L. Ward, formerly a stakeholder in both Chesapeake and SandRidge, announced Thursday his year-old company, Mach Resources LLC, has formed a...
Jericho Oil Corporation (“Jericho”) has announced through its Oklahoma STACK Joint Venture (“STACK JV”), that it has brought online a high-rate single-mile...
One of the hottest plays in the country right now is the STACK. One of the hottest plays in the country is...
Big oil has an all-or-nothing reputation, with many pursuing growth at any cost. It’s an approach that cost investors dearly during the...
The energy sector is starting higher, supported by strength in the crude complex. Meanwhile, the major equity futures are mixed after US stocks bounced on Thursday following a largely unexplained late-day selloff in the prior session. Headline and core PCE came in a bit cooler than expected for November, fitting the broader disinflation theme.
WTI and Brent crude oil futures are higher in early trading on a weaker dollar and as more maritime carriers are avoiding the Red Sea due to recent attacks on vessels carried out by the Houthi militant group. Oil contracts are set for a second-consecutive higher week as hundreds of large vessels are rerouting around the southern tip of Africa, a longer route adding 10-14 days of travel, to escape drone and missile attacks by Yemeni Houthis that have pushed up oil prices and freight rates. Elsewhere, OPEC has yet to comment on Angola’s decision to leave the group. Oil-related news is quiet so far today in what should be a low-volume session of trading.
Natural gas futures are flat as preliminary estimates have storage for the week-ending today with a draw of (75) to (85) Bcf vs the 5-year average of (123) Bcf.
Benchmark U.S. crude oil for February delivery fell 33 cents to $73.89 per barrel Thursday. Brent crude for February delivery fell 31 cents to $79.39 per barrel.
Wholesale gasoline for January delivery fell 4 cents to $2.16 a gallon. January heating oil fell 1 cent to $2.70 a gallon. January natural gas rose 12 cents to $2.57 per 1,000 cubic feet.
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...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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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