oil and gas

oil and gas Articles

Exxon Mobil reported better-than-expected second-quarter 2014 results before markets opened Thursday morning. But worldwide production of both oil and natural gas was lower year-over-year.
This week is the apex of earnings season, and we have the big three oil giants on deck to report: Exxon Mobil, Chevron and ConocoPhillips.
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.7 million barrels last week,...
Oil refiner Valero Energy reported better-than-expected second-quarter 2014 results before markets opened Wednesday morning. Ethanol revenues are likely to remain strong for the rest of the year.
ThinkstockBy Chris Dalby for Oilprice.com The debate over the impact of peak oil has been raging for decades. Although few deny that the end of mass oil consumption is drawing nearer, educated...
ThinkstockWhat happened to that natural gas boom that was supposed to continue throughout 2014? We have certainly not had a cool summer universally in the United States, but it also turns out that...
ThinkstockThe U.S. energy industry is booming. As new technologies make oil easier and more affordable to extract, the United States is poised to become the world’s leading oil producer as soon as...
Barclays upgrades Petrobras based on it looking much better after the Brazilian elections in October. Shareholders have a lot riding on the coming elections.
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 90 billion cubic feet for the week ending July 18. Natural gas futures...
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4 million barrels last week,...
ThinkstockTransocean Partners LLC, a spin-off from Transocean Ltd. (NYSE: RIG), has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of 17.5 million...
ThinkstockBy Nicholas Cunningham of Oilprice.com The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that could spell...
ThinkstockSaying that the status quo does not meet the “need for action,” the U.S. Bureau of Ocean Energy Management (BOEM) on Friday issued a decision on what the agency will look for in permit...
ThinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 107 billion cubic feet for the week ending July 11, compared with an...
Deutsche Bank still sees strong second-quarter earnings, as well as possible upward revisions to estimates, as a catalyst for oil services stocks.