oil and gas
oil and gas Articles
Chesapeake Energy filed a Form 10 with the SEC Monday morning with preliminary information regarding a spin-off of the company's wholly owned Chesapeake Oilfield Services business into a new...
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ThinkstockFor the month of February, global crude oil supplies rose to 92.81 million barrels a day, according to the International Energy Agency’s (IEA) Oil Market Report for the month. That is...
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The U.S. EPA on Thursday lifted its suspension and ban against BP that prohibited the company from doing business with the federal government. This comes just in time for BP to participate in the...
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courtesy of BP plcEnergy production in the U.S. will increase by 24% by 2035 while U.S. energy consumption will rise by just 3% in the same period. U.S. energy production as a percentage of...
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ThinkstockThe national average for a gallon of regular gasoline rose past $3.50 a gallon on Thursday for the first time since last September. Thursday is also the 33rd of the past 34 days to have...
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thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 195 billion cubic feet for the week ending March 7. That compared with...
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ThinkstockThe U.S. Department of Energy (DOE) issued a notice of sale on Wednesday for 5 million barrels of sour crude from the nation’s Strategic Petroleum Reserve (SPR). Interested buyers have...
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ThinkstockPremium gasoline prices have risen above $4 in eight states, raising the concern that consumer spending could be damaged by the trend. At the same time, the price of regular has also...
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ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) released its Monthly Oil Market Report Wednesday morning, and the headline number is an increase of 50,000 barrels a day to the...
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 6.2 million barrels last week,...
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At its analyst meeting in New York Tuesday morning, Chevron trimmed its 2017 production forecast from 3.3 million barrels of oil equivalent per day to 3.1 million. Falling natural gas prices and...
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ThinkstockPetróleo Brasileiro S.A. (NYSE: PBR), or Petrobras for the rest of us, has embarked upon another large capital raise. While this is nothing compared to its huge equity offering of the...
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As the argument heats up on whether the United States should revoke its 40-year ban on crude oil exports, interest groups will be choosing sides and adding their voices to the discussion. Monday's...
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ThinkstockBetter access to crude oil, driven by shale oil and refinery capacity, were supposed to slow or reverse the rising price of gasoline well before the summer driving season. That has not...
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ThinkstockThe 1970s ban on exporting U.S. crude oil may or may not be lifted, but that is not going to slow down the export of what we might call ‘near-crude’. New, low-cost plants that process...
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