oil and gas
oil and gas Articles
The number of U.S. land-based oil rigs dropped by 9 this week and 4 land-based natural gas rigs were also idled. The decline had only a minor effect on spot crude prices.
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Canada-based Enbridge has raised its offer to acquire the outstanding shares of Spectra Energy Partners that Enbridge does not already own in a transaction the company says gives the combined firm...
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The amount of natural gas in U.S. inventories rose by 48 billion cubic feet last week but remains about 20% below last year's level and the five-year average level for this time of year.
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With oil hovering a few dollars under the $70 level, you can bet that the big integrateds are looking to produce and sell as much as possible, especially as the sanctions on Iran are totally put in...
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U.S. commercial crude inventories dropped by 5.8 million barrels last week even though refineries are running nearly flat out. Prices pared their early gains, but still hold onto to an increase of...
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Research firm IHS Markit has released a new estimate of remaining recoverable oil and natural gas resources on Alaska's North Slope. The firm's estimate is more than double the amount already...
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Not only are these Permian Basin stocks cheap on a valuation basis, but some of them are potential takeover candidates.
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The U.S. land-based rig count remained unchanged this week and the total number of land-based rigs also stayed the same. Crude prices dipped, however, as volatility tightens its grip on the market.
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The U.S. natural gas stockpile rose by slightly more than expected last week. Combined with a forecast for moderating temperatures that should reduce demand for natural gas, prices fell after the...
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Despite some disappointing quarterly results, Jefferies analysts are bullish on three of the biggest and best companies in the energy sector.
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Trade negotiations between the United States and China may happen later this month, Amazon might buy a chain of movie theaters, Uber's revenue surges, and other important business headlines.
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Crude oil production from seven major U.S. shale plays is expected to rise by 93,000 barrels month over month in August and another 90,000 barrels a day in September.
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SunTrust has five stocks trading under the $10 level that could provide investors with some solid upside potential. While more suited for aggressive accounts, they could prove exciting additions to...
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The U.S. land-based rig count rose by 13 this week, including 10 new oil rigs. A crude oil price rally held onto most of its gains for the day, but black gold is headed for another losing week.
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Short interest in Kinder Morgan rose by more than a third in the reporting period ended July 31. While the company and the Canadian government appear determined to close on the sale of a pipeline...
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