Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), has announced a significant milestone...
Story Credit: Bloomberg – By Bill Lehane| According to the Renaissance Energy Advisors consultancy, American crude grade WTI Midland has replaced West...
Insurers are now assessing the financial fallout from last week’s massive CrowdStrike software glitch, which crashed computers, canceled flights, and disrupted hospitals...
Helmerich & Payne, Inc. and KCA Deutag International Limited (“KCA Deutag”) announced a definitive agreement under which the H&P drilling company will...
By Bloomberg|Julia Fanzeres and Jordan Fitzgerald | Oil rose, clawing back from a run of losses, after a government report showed that...
By Alex Kimani for Oilprice.com |A week ago, Kuwait Oil Company (KOC) announced a significant discovery of light oil and associated gas in...
An Oklahoma court has issued a temporary injunction on a state law designed to prevent investments in companies that do not align...
During the Republican National Convention in Milwaukee, Donald Trump accepted the presidential nomination with fervent chants of “drill, baby, drill,” emphasizing his...
Story Credit: By Eurasianet | An ongoing joint military exercise involving a comparatively small number of American and Armenian troops at a base in...
Presidential elections in the United States have historically had significant impacts on the oil and gas industry, influencing everything from regulatory frameworks...
The energy sector is off to a lower start, pressured by weakness in the crude complex. U.S stocks are expected to open slightly higher ahead of minutes from the Federal Reserve’s November policy meeting.
WTI and Brent crude oil futures are down this morning as the Group of Seven Nations considers a price cap on Russian oil and on demand concerns amid growing COVID-19 cases in China. According to European officials, the group is looking to cap Russian oil at a range of $65-70/bbl. A U.S Treasury official said the price cap will most likely be adjusted a few times a year. As of late Tuesday, China ramped up their COVID-19 containment measures in an effort to control the outbreaks. Today’s losses have been limited by a fall in U.S crude inventories which were down by 4.8 million barrels last week.
Natural gas futures are sharply higher after ending mostly unchanged yesterday amid worries of a possible rail strike and delays in the restart of the Freeport LNG export plant which outweighed forecasts for milder weather than previously expected.
Billionaire Harold Hamm’s takeover of Continental Resources, Inc. and return to private ownership is for all practical purposes complete.
The Oklahoma City company he founded in the 1960s announced Tuesday it was initiating the final steps in closing its previously announced merger with Omega Acquisition, Inc. Omega is the company created by Hamm and his family to launch the takeover that was started last June.
The announcement stated that shares of Continental common stock are expected to cease trading on the New York Stock Exchange prior to the market open on Wednesday, Nov. 23, and will no longer be listed for trading on the exchange.
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...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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...
Have your oil & gas questions answered by industry experts.