oil and gas
oil and gas Articles
The number of onshore U.S. rigs drilling for oil onshore fell by three this week and the number of rigs drilling for natural gas rose by four.
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The question for investors is an easy one: With many on the sell-side so bearish on the energy sector, isn’t it time to take a look?
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TransCanada has requested a 30-day suspension of the Canadian government's review of its proposed eastbound pipeline projects from Alberta. But is the Keystone XL pipeline going to replace the...
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U.S. stockpiles of crude oil rose more than expected in the storm-tossed week following tropical storm Harvey's devastating attack on Texas. Refined product stockpiles dropped, but no enough to move...
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Last week's addition to the U.S. natural gas inventory came in at an expected 65 billion cubic feet, according to the U.S. Energy Information Administration.
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The path back to normal operations following tropical storm Harvey is neither straight nor smooth. Floodwater continues to be a problem in some places, while others are getting operations restarted.
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Oil & gas production, refining, and transportation are resuming in south and east Texas as floodwaters recede and facilities are checked for damage. Here's the latest rundown on progress.
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With the combined recent drop in oil pricing, plus the potential for continued near-term weakness as a result of the storm, any sector sell-off could be a solid buying opportunity.
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The U.S. natural gas stockpile rose by 30 billion cubic feet last week, just above the consensus estimate of 29 billion cubic feet. Prices dipped slightly on the report.
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While oil prices have been range-bound for much of this year, the interesting area that many energy investors are turning their attention to is natural gas, and with good reason.
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Gasoline shortages that can be attributed to tropical storm Harvey will begin to appear in other parts of the United States by Friday, pushing pump prices higher as the Labor Day holiday weekend...
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Crude oil inventories dropped last week, ahead of the major impact from tropical storm Harvey, but gasoline inventory levels are keeping pressure on crude prices. That could change when next week's...
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These are three solid plays for what may be a slow growth sector going forward. The focus on free-cash-flow generation is smart, and in a pricey market, they make good sense for 2017 and beyond.
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Additional large refineries are likely to be shut due to Harvey, United Technologies may buy Rockwell Collins, Warren Buffett converted warrants in Bank of America, and more important headlines.
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Tropical storm Harvey has forced the closure of about 2.2 million barrels a day of refining capacity along the Texas Gulf Coast. Offshore and onshore oil production is also being curtailed.
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