oil and gas
oil and gas Articles
Short interest in oil and gas stocks generally declined in the two-week period through December 13, primarily due to an OPEC+ decision to reduce production by a total of 2.1 million barrels a day...
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Exxon has begun producing from its first well offshore of Guyana. The well is expected to produce 120,000 barrels a day when it reaches full capacity. The company also revealed it had struck oil at...
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Saudi Arabia and Kuwait are expected to sign an agreement on Tuesday that could restart about 500,000 barrels a day of crude oil production.
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2019 was a tough year for energy companies, particularly oil and gas producers caught between low energy prices and investor demand for returns. 2020 may be a different story for some of the firms...
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Energy pipeline operator Tallgrass Energy Partners has agreed to be acquired by affiliates of Blackstone for about $4 billion in cash.
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Oil and gas producer WPX Energy on Monday announced a deal to acquire privately held Felix Energy for $2.5 billion in cash and stock. Investors like the deal.
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Permian Basin oil wells are more productive than ever before, but output is also declining at a faster pace than ever before.
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Short sellers increased their positions on three of six energy stocks we track while crude oil prices are up by about $2 a barrel over the past month.
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Saudi Arabian national oil company, Saudi Aramco, will begin trading Wednesday in Riyadh. It's the biggest IPO in history, but still far below what the country had originally hoped for.
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One Wall Street firm predicts that the next few years could bring a turnaround for the top companies in the beleaguered energy sector, because the turnaround in oil pricing could be dramatic.
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OPEC and its partners have agreed to cut an additional 500,000 barrels a day of crude oil production during the first quarter of 2020. The reduction is not likely to make much difference to oil...
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OPEC is expected to announce that the cartel will slash an additional 500,000 barrels a day from production, lowering daily global crude oil supply by 1.7 million barrels a day.
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The semi-annual meeting of OPEC oil ministers begins Thursday in Vienna. The cartel is wrestling a number of issues that are competing for attention as it tries to determine the best path forward to...
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Spanish oil major Repsol has announced a plan that will make it a net-zero emitter of carbon by 2050. Here's how the company plans to make that happen.
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Oil and gas company Apache appears to be coming up empty on a new well offshore of Suriname, near the site of Exxon Mobil's massive Guyana discoveries.
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