Updated August 27, 2019. U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals...
In 2017, oil prices recovered significantly. Posting its second annual gain in a row, the commodity closed 2017 up more than 12%. The U.S....
Penn Virginia Corp. (NASDAQ: PVAC) will expand its core position in the Eagle Ford Shale with an $86 million bolt-on acquisition, the Houston-based...
As the price of oil rises, heavily-hedged shale producers may find it harder to meet investor demands for payback, boosting the value...
A surge in demand for frac sand brought a wave of company announcements this year of plans to build sand mines in...
OKC based Chaparral Energy, Inc. announced today that it has entered into a definitive purchase agreement to acquire acreage in Kingfisher County,...
Now that Christmas has come and gone, and my stomach somehow remains full from all the pecan pie and sweet potatoes I...
Work continues on pipeline projects designed to carry oil, condensate and natural gas away from wells being completed in Oklahoma’s STACK and...
With Trump’s Tax Plan in focus it is indisputable that 2017 was a solid year for the U.S. economy, with unemployment dipping,...
Oil prices rose Monday morning following an unexpected fall in the number of U.S. rigs drilling for crude. Light, sweet crude for...
The energy sector is off to a mixed to higher start, supported by mild strength in the crude complex while the major equity futures trade is near the flatline. Futures tied to the S&P 500 and the Dow pared losses as resilient earnings from big U.S. banks helped assuage fears of further stress in the sector after the failure of two mid-sized lenders last month sparked concerns about a potential recession.
WTI and Brent crude oil futures edged higher after the West's energy watchdog said it expected global demand to rise to a record high this year on the back of a recovery in Chinese consumption. The International Energy Agency also warned that output cuts announced by OPEC+ producers could exacerbate an oil supply deficit and hurt consumers.
Natural gas futures are down in early trading as the NOAA's 6-10 day outlook shows below-normal temps for much of the western US, extending across the Northern Plains into parts of the western Great Lakes
Benchmark U.S. crude oil for May delivery fell $1.10 to $82.16 a barrel Thursday. Brent crude for June delivery fell $1.24 to $86.09 a barrel.
Wholesale gasoline for May delivery fell 4 cents to $2.83 a gallon. May heating oil fell 3 cents to $2.67 a gallon. May natural gas fell 8 cents to $2.01 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...
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...
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...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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