oil and gas
oil and gas Articles
Finding a bottom in the price of oil has become an elusive game of cat and mouse -- or maybe a game of dollars versus logic.
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TheEIA weekly petroleum status report indicates that crude inventory has now moved above the upper limit of the five-year range for this time of the year.
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Most of the top oil stocks, except for Exxon, saw their short interest fall in the latter two weeks of Noevember.
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OPEC released its December Oil Market Report Wednesday morning, and the cartel said that demand will fall and supply will rise in 2015.
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New oil projects are being scrapped in Norway amid falling production and low oil prices.
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Wikimedia CommonsExxon Mobil Corp. (NYSE: XOM) on Tuesday released its “2015 Outlook for Energy: A View to 2040” in which the company makes some projections on the supply and demand for energy...
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Since the beginning of 2011, some of the world’s largest mining companies have lost a third to nearly 90% of their market value as global demand for their products declined.
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The world’s largest independent energy exploration and production company will be doing less exploration in 2015 and, it says, about 3% more production.
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Many of the energy master limited partnerships are in far better shape to survive the downturn in oil prices than exploration and production companies.
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Could oil drop to $40 a barrel again? Yes. Could oil prices remain at around $40 a barrel for long? Probably not.
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Including offshore production as 100% attributable to Louisiana, the state produced about 1.45 million barrels a day in 2013 to rank second behind Texas and ahead of third place North Dakota,
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When it comes to oil production, no other state is in the same ballpark as Texas. The state produced more than 3 million barrels a day in September.
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The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending November 28.
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Enbridge reported that it will increase its dividend by 33%, as well as openly considering a restructuring plan that would affect its U.S. liquids pipeline assets.
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The U.S. oil and gas boom was made possible by the extensive credit afforded to drillers, not only from company shareholders and traditional banks, but junk-bond investors.
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