Alta Mesa Holdings, LP ☞STACK Assets Key to Continued Success Alta Mesa Holdings, LP is a privately held company engaged in onshore...
Landmen are no busier than most professionals during the work day, but it is often stated that company landmen never return the...
Crude Falls 9% – Rig Count Spikes November 5, 2016 ✰ Energy Update ✰ The American Petroleum Institute (API) reported on Tuesday...
Shares of Clayton Williams Energy (NYSE:CWEI) shot up 26% higher on Tuesday. Clayton Williams Energy, Inc., announced that it has entered into a definitive purchase...
The most commonly asked question in oil and gas is… WHERE? Given the amount of location-based data we work with every day...
Chesapeake Energy Files $445 Million Dollar Claim Against McClendon Estate After almost 8 months when Oklahoma energy leader Aubrey McClendon was killed...
TULSA, Okla.–Casillas Petroleum Resource Partners, LLC, a partnership between Casillas Petroleum Corp. and Kayne Anderson Energy Funds, announced today that it has...
In a Bloomberg article published yesterday, Lee Boothby, the CEO of Newfield Exploration (NYSE:NFX) shared some thoughts on the future development of...
Two private equity backed Fort Worth oil companies are merging into what will be one of the largest pure-play exploration and production...
Snapshot: US Rig Count – CLIMBING +11 Energy Update November West Texas Intermediate crude CLX16, tacked on 41 cents, or 0.9%, to settle...
U.S. stocks finished lower on Wednesday after the Federal Reserve decided to leave interest rates unchanged, but Chair Jerome Powell said no decision has been made yet on whether policymakers are ready to cut interest rates in September.
The Dow Jones Industrial Average lost 171.71 points, or nearly 0.4%, to end at 44,461.28, according to preliminary data from FactSet. The blue-chip index has fallen for three consecutive trading days.
The S&P 500 was off 7.96 points, or 0.1%, at 6,362.90.
The Nasdaq Composite rose 31.38 points, or 0.2%, ending at 21,129.67.
The U.S. central bank on Wednesday left rates unchanged for a fifth straight meeting, keeping them in a range of 4.25-4.5%. But Powell, in his post-meeting press conference, mentioned risk of persistent inflation as a result of President Donald Trump's tariff plans. He also said the Fed is prepared to maintain a wait-and-see stance when it comes to delivering rate cuts.
As a result, the odds of a September rate cut moved down substantially after the press conference. Fed-funds futures traders saw a 45% chance of a September cut, down from around 63% earlier in the day, according to the CME FedWatch Tool.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, adding 1.539 million barrels in the week ending July 25. This is a stark contrast to the expected 2.5 million barrel draw that analysts had expected.
The Federal Reserve left its benchmark interest rate unchanged for the fifth straight meeting amid tremendous pressure from President Donald Trump to reduce borrowing costs.
For the first time since 1993, two of the seven members of the Fed’s board of governors dissented.
Fed Govs. Christopher Waller and Michelle Bowman voted in favor of a rate cut. They have expressed concern that the labor market is weakening underneath the surface.
In a statement Wednesday, the Fed said the latest data show economic activity “moderated” in the first half of the year. The labor market remains solid, the committee said.
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...
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 U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
(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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