oil and gas
oil and gas Articles
In its monthly energy report released Wednesday, the U.S. Energy Information Administration noted that crude oil production in the United States fell in December.
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U.S. commercial crude inventories increased by more than 8 million barrels last week, according to the EIA.
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The oil services industry is about to undergo two very large mergers. The question is, which merged company will be better able to perform in the current dismal conditions?
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24/7 Wall St. screened the Merrill Lynch research universe for the oil stocks that look well prepared for 2016 and could benefit big if prices start to trend higher.
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One unintended consequence of the rapid drop in oil prices is that company managements in the sector desperately need to cut costs.
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American Midstream Partners and Williams Partners said Monday morning that they will maintain distributions at previous levels for the fourth quarter of 2015.
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The 2016 capital spending budget for Williams Partners is expected to total $2 billion, a decline of about a third from the 2015 capex budget.
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Halliburton reported fourth-quarter and full-year 2015 results before markets opened Monday morning.
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OPEC's Secretary General says the current drop in oil prices is bad for business and he would like to see the circumstances that have caused the problem be eliminated.
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In the week ended January 22, the number of rigs drilling for oil in the United States totaled 510, according to the Baker Hughes North American Rotary Rig Count.
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The Texas seasonally adjusted unemployment rate remains under the national average, but some of us cannot help but wonder just how widespread the fallout is going to bleed over into other sectors.
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Friday morning the oil and gas producer Chesapeake Energy said it was suspending the dividend on its preferred stock.
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It is hardly controversial to suggest that we are closer to the next recession than we are to the last, but are we closer than we think?
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Energy industry layoffs have moved into six figures, a number bolstered by the decision of Schlumberger to cut 10,000 people.
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The energy crisis is so bad that Moody's has put 69 U.S. companies on its list of potential downgrades.
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