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.
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.
Most of the top oil stocks, except for Exxon, saw their short interest fall in the latter two weeks of Noevember.
OPEC released its December Oil Market Report Wednesday morning, and the cartel said that demand will fall and supply will rise in 2015.
New oil projects are being scrapped in Norway amid falling production and low oil prices.
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...
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.
The world’s largest independent energy exploration and production company will be doing less exploration in 2015 and, it says, about 3% more production.
Many of the energy master limited partnerships are in far better shape to survive the downturn in oil prices than exploration and production companies.
Could oil drop to $40 a barrel again? Yes. Could oil prices remain at around $40 a barrel for long? Probably not.
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,
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.
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.
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.
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.