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.
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.
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.
National Oilwell Varco has announced that its board of directors authorized a share buyback program for up to $3 billion of outstanding common stock.
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.
Nearly every oil industry analyst, participant and casual observer expects the price of oil to continue to slide from the current level.
Columbia Pipeline Partners has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.
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.
Encana announced Monday morning that it has entered a definitive merger agreement with Athlon Energy for cash and assumption of the latter's debt.
Gasoline prices in some states are expected to fall below $3.00 a gallon by the end of the year.
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.
Investors appeared to be shying away from shorting big oil companies in early September, with the exception of BP.
The EIA reported Thursday that U.S. natural gas stocks increased by 97 billion cubic feet for the week ending September 19.
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.
Occidental Petroleum has been added to Merrill Lynch's US 1 list and Pioneer Natural Resources was removed.