oil and gas
oil and gas Articles
National Oilwell Varco saw what felt like an unusual reaction to its $3 billion stock buyback announced on Tuesday.
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The EIA said U.S. commercial crude inventories decreased last week, but remain in the upper half of the five-year range for this time of the year.
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Once the November elections are behind us, it is almost certain that U.S. oil companies will turn up the heat on Congress to permit the export of U.S. crude.
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National Oilwell Varco has announced that its board of directors authorized a share buyback program for up to $3 billion of outstanding common stock.
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A report from Reuters that OPEC had increased its output to a level not seen in nearly two years, combined with a stronger dollar, torched crude prices.
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Nearly every oil industry analyst, participant and casual observer expects the price of oil to continue to slide from the current level.
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Columbia Pipeline Partners has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.
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Petrobra, saw more than just a garden variety sell-off on Monday morning. The stock is tied to the Brazilian election more than it is to its own fundamentals.
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Encana announced Monday morning that it has entered a definitive merger agreement with Athlon Energy for cash and assumption of the latter's debt.
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Gasoline prices in some states are expected to fall below $3.00 a gallon by the end of the year.
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Exxon Mobil had about 350 feet to drill in its well offshore of Russia’s northern coast before it would know whether there was going to be any oil.
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Investors appeared to be shying away from shorting big oil companies in early September, with the exception of BP.
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The EIA reported Thursday that U.S. natural gas stocks increased by 97 billion cubic feet for the week ending September 19.
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U.S. commercial crude inventories decreased by 4.3 million barrels last week and remain in the upper half of the five-year range for this time of the year.
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Occidental Petroleum has been added to Merrill Lynch's US 1 list and Pioneer Natural Resources was removed.
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