oil and gas

oil and gas Articles

Oilfield services provider National Oilwell Varco announced Monday morning that the company is chopping its quarterly dividend.
In the week ended April 8, the number of rigs drilling for oil in the United States dropped to 354, according to the latest Baker Hughes North American Rotary Rig Count.
If any commodity has proven to be volatile this year it is oil. On any given day crude spot prices can jump or sink big.
One of the reasons it has taken well over a year to slow U.S. onshore crude oil production is that producers are drilling more wells in locations where they are almost sure to get the highest...
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased more than expected in the week ending April 1.
Nomura reiterated rating on Chevron stock as Neutral with a price target of $85, in the wake of news of a facility shout down.
In a new research report, Stifel has become much more cautious on the sector and especially the more aggressive stocks that the firm covers.
Halliburton and Baker Hughes are taking a stand against the U.S. Department of Justice's most recent effort to block their intended merger.
U.S. commercial crude inventories decreased by nearly 5 million barrels last week, according to the U.S. Energy Information Administration.
Gasoline prices are now at their highest levels since last November, according to GasBuddy.
Despite the rocky drop in oil prices over the past year, Chevron still remains a top pick in the integrated oil sector for Jefferies.
In a new research report, while RBC remains cautiously optimistic for the long term, it is clear that the analysts don't have a big appetite for the lower quality companies, and with good reason.
Halliburton aimed to pay $35 billion for Baker Hughes in a deal that was expected to close by the end of 2015, but it is still trapped in a regulatory embrace that may strangle it.
In the week ended April 1, the number of rigs drilling for oil in the United States fell to 362, according to the Baker Hughes North American Rotary Rig Count.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending March 25.