oil and gas

oil and gas Articles

Crude oil prices improved by more than a third in the second quarter, and that put some extra cash in Kinder Morgan's pocket. What will the company do with it?
Two of the world's supermajor oil firms are in a nascent bidding war for a liquefied natural gas producer with leases for millions of acres in a natural gas field in Papua New Guinea.
While oil could certainly become range-bound for the next two years, the oil services companies that help the most in maximizing well production and yield could be among the best stocks to buy.
The country's two largest energy pipeline and infrastructure companies made some positive news recently for quite different reasons.
Hedge funds have built a large long position in heating oil and a somewhat bearish view on gasoline, sending a strong message to refiners. And the refiners have begun to pay attention.
Six years of payouts is a long time to manage the fallout from the largest oil spill in history. It may take decades to know how badly BP was hurt by the Deepwater Horizon incident.
In a note published Wednesday, Nomura Securities energy analysts lowered their estimate of second-quarter net losses by 35 exploration and production companies.
A massive blanket of hot weather is forecast for most of the country beginning early next week. Demand for natural gas to fuel electricity generation is expected to be high next week.
U.S. commercial crude inventories decreased last week, according to the U.S. Energy Information Administration, but they remain at historically high levels for this time of year.
While oil prices have backed off some from the recent $50 level, the rise off the February lows was substantial and could provide some tailwind for some of the top energy companies.
The oil rig count has risen by 16 in the Permian Basin since early June, more than the total for all the other major plays combined. The message is clear: be there or be square.
The outlook on oil remains rather mixed, from economists and from analysts alike, but a significant analyst call could be brewing more upside interest for Whiting shareholders ahead.
The June 30 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks increased.
The U.S. Energy Information Administration (EIA) on Tuesday released the latest update to its Short-Term Energy Outlook.
Credit Suisse's John Edwards reiterated his Neutral rating on Kinder Morgan but raised the price target on Tuesday, July 12.