oil and gas
oil and gas Articles
In its Monthly Oil Market Report for August, released Monday morning, OPEC noted that its price for its reference basket rose by less than 1%.
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The week of September 9 brought numerous analyst upgrades and downgrades in oil and gas stocks. Some analysts believe many of the energy stocks continue to be very smart buys.
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In the week ended September 9, the number of rigs drilling for oil in the United States rose to 414, according to the Baker Hughes North American Rotary Rig Count.
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Crude oil prices continue their wobbly rise. Oil at $50 a barrel means that $3 a gallon gas is not far away, at least in much of America.
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Total announced Friday that it has exercised its preemption right to acquire all of the 75% interests it jointly owned with Chesapeake Energy in the Barnett Shale area in north Texas.
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A lot of the gain in Chesapeake Energy shares over the past 30 days is the result of positive reactions to the company's efforts to get its balance sheet back in order.
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For years Texas was one of the stronger driving forces of the U.S. economy. It turns out the persistent weakness in energy has continued to pressure the economy now.
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U.S. commercial crude inventories decreased by more than 14 million barrels last week, according to the U.S. Energy Information Administration.
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The EIA reported Thursday morning that U.S. natural gas stocks increased by 36 billion cubic feet for the week ending September 2.
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Sometimes mergers offer great scale. Sometimes they offer great opportunities for streamlining and much lower cost rationale for a combined entity. Other times they are just smoke and mirrors or an...
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Independent oil and gas producer Apache has announced the discovery of a new shale play, called the Alpine High, in the Delaware Basin portion of the Permian Basin.
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One of the biggest mysteries for the global oil market, and certainly the biggest wildcard for future oil prices, is the current state of China's Strategic Petroleum Reserve.
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Enbridge and Spectra Energy have agreed to a stock-for-stock merger that will create a company with a pro-forma enterprise value of approximately $127 billion.
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August was not a kind month to U.S. crude oil producers. Crude prices dropped by nearly 8% to close the month below $45 a barrel.
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In the week ended September 2, the number of rigs drilling for oil in the United States rose to 407, according to the latest Baker Hughes North American Rotary Rig Count.
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