oil and gas

oil and gas Articles

Halliburton and Baker Hughes have announced a definitive agreement for the former to acquire the latter in a cash and stock transaction valued at $34.6 billion.
Who needs the Keystone XL at this point, and why? Who really benefits from moving some 830,000 more barrels of Canadian crude to the Gulf Coast?
The EIA reported Friday morning that U.S. natural gas stocks increased more than expected for the week ending November 7.
Petrobras is proving that there are risks investing in Brazil that are above and beyond, regardless of election results.
The latest EIA Short-Term Energy Outlook forecast that falling prices for crude oil will cut the U.S. average price for a gallon of regular gas to $2.94 in 2015.
The latest IEA Oil Market Report suggests that unless producers cut production, crude prices will continue falling through the first two quarters of next year.
A proposed merger between Halliburton and Baker Hughes would create a single oil field services company with a market cap of more than $71 billion.
The runs in airline stocks have been so strong over the past month or so that one question has to be asked: Have they run up too much?
The U.S. Energy Information Administration released its weekly petroleum status report Thursday morning, a day late due to the Veterans Day holiday.
Azure Midstream Partners L.P. has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.
With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending.
To meet the projected demand for oil, the IEA reckons that global investment of $900 billion per year in upstream development is needed by the 2030s.
Short interest data for major oil stocks was released for the October 31 settlement date.
Cowen analysts are keeping a positive view on the refining sector due to solid underlying earnings potential and the developing theme of logistics growth.
In light of recent volatility that master limited partnerships (MLPs) have experienced, Credit Suisse released a report explaining why.