oil and gas
oil and gas Articles
With a late May deadline looming, Canadian Prime Minister Trudeau is pushing hard for both legal and financial help to ensure that Kinder Morgan's Trans Mountain pipeline expansion is completed.
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In the week ended April 13, 2018, the number of land rigs drilling for oil in the United States totaled 815, according to the Baker Hughes North American Rotary Rig Count.
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According to documents obtained by Bloomberg News, Saudi Arabia's state-owned oil company, Saudi Aramco, posted a profit of $33.9 billion in the first half of last year.
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The International Energy Agency expects that the OPEC production cuts will have balanced global oil markets by next month.
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Withdrawals from U.S. natural gas stockpiles were higher than expected last week. This in turn has lifted today's price for May futures.
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The province of Alberta may be willing to buy Kinder Morgan's Trans Mountain Pipeline system if the company can't get the support it says it needs to proceed on its own.
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The U.S. commercial crude oil inventory rose by a surprising 3.3 million barrels last week, but after a quick dip in the price, futures rose sharply again.
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These eight oil stock are trading near 52-week lows, are rated Buy and have some solid upside to their price targets.
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The March 29 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
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U.S. drivers can expect to pay an average of 33 cents a gallon more this summer for gas. The average price will also be higher for the full year and an average household will spend almost $200 more...
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Even though oil has remained above the $60 a barrel level, the energy master limited partnerships (MLPs) have still languished due to the recent uncertainty cast on the sector by the Federal Energy...
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Shares of these four mega-cap companies still offer value and potential upside, and they have come down dramatically in price over the past few months.
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Kinder Morgan's Canadian subsidiary has called a halt to further spending on its Trans Mountain pipeline expansion project primarily due to opposition from the government of British Columbia and...
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The number of U.S. land-based rigs drilling for oil jumped by 11 this week and a total of 14 horizontal rigs were put into service.
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The U.S. natural gas inventory fell by 29 billion cubic feet last week, the last week of the "official" winter heating season.
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