oil and gas

oil and gas Articles

Sales of new gasoline-powered passenger cars, pickups, and SUVs are forecast to continue sliding from a sales peak in 2016. How are giant energy companies reacting?
Short interest in oil & gas stocks was mixed in the two-week reporting period that ended November 15. Short sellers have homed in on one particularly likely prospect, however.
If things do not change drastically, the Exxon of the next decade almost certainly will look and act like a very different company than its investors have previously thought of it.
Governor Gavin Newsom sent shares of some energy companies sharply lower by announcing that the state of California is halting new hydraulic fracturing projects until those projects can be reviewed...
In its monthly Oil Market Report issued Thursday, OPEC noted a drop of nearly 4% month over month in its reference crude oil price but doggedly held on to estimates that it revised lower just last...
In the world of nothing lasts forever, Merrill Lynch has said enough is enough on at least some opportunities in the oil patch.
The IPO of Saudi Aramco will commence its book-building period on Sunday, ahead of its December pricing and sale.
Analysts at IHS Markit expect U.S. shale oil production growth to decline by half next year. How investors (who are demanding a bigger share of profits) respond is the big question.
Exxon Mobil is extending a joint-development agreement with FuelCell Energy to work on a solution for industrial carbon emissions. That's a good thing, but it also raises other issues about how...
Merrill Lynch is very positive on three mega-cap energy stocks that offer not only a degree of stability but outstanding dividends. All are rated Buy and make sense for more conservative accounts...
There are good mergers, and there are not so good mergers. The reality is that big mergers often take years to unfold before real verdict can be made over whether they were successful or not....
How can an auction for the right to produce billions of barrels of oil be a flop when the government running the auction realizes revenue of $17 billion?
The U.S. commercial crude oil inventory rose by nearly 8 million barrels last week and oil prices are sliding as a result.
Oil and gas producer Chesapeake Energy missed already low estimates for revenues and a net loss. Production fell sharply with oil prices rising only modestly and natural gas prices falling again.
OPEC on Tuesday released its World Oil Outlook to 2040. The cartel sees demand for renewables rising faster than demand for oil, but expects fossil fuels to continue to account for more than half of...