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SEC Sues 'Frack Master' for Spending Investor Cash on Strippers
Friday, June 24, 2016 Calling himself the "frack master," Texas businessman Chris Faulkner charmed hundreds of investors and major media companies into believing he had extensive experience in energy markets.
Oil Prices Plunge 5% as Britain Votes to Leave EU
Friday, June 24, 2016 Oil prices settled 5 percent lower on Friday after Britain's vote to leave the EU spurred massive risk aversion and a rally in safe havens like the US dollar.
US Oil Drillers Cut Rigs After 3 Weeks of Additions
Friday, June 24, 2016 US oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to Baker Hughes' report Friday.
The Keys To Managing Employee Engagement
Thursday, June 23, 2016 Experts in the oil and gas industry share ways to identify and effectively manage employee engagement.
Oil Patch 'Left for Dead' Will Spark New IPOs for US Explorers
Thursday, June 23, 2016 As the oil industry emerges from the biggest bust in three decades, shale drillers in a neglected corner of the biggest US oil field are poised to take a new generation of gushers public.
Oil Ends Higher in Choppy Trade Ahead of Britain's EU Vote
Thursday, June 23, 2016 Oil prices closed 2 percent higher after a volatile session on Thursday, with investors less worried about prospects for the global economy after the last pre-vote opinion polls showed Britain was likely to remain in the European Union.
Rystad Energy: US DUC Inventory to Decrease
Thursday, June 23, 2016 Rystad Energy believes the US will see fewer DUCs in 2H 2016 due to an uptick in horizontal oil completions.
How Mobility Can Bring Operational Efficiencies to Oil, Gas Sector
Thursday, June 23, 2016 With crude oil prices currently in a slump, many companies are now looking to IT and emerging technologies such as mobile to help achieve their productivity.
Significant Gaps Between Men, Women on Corporate Boards
Wednesday, June 22, 2016 New data from Catalyst shows large disparity still exists between men and women on boards of directors.
US Court Sets Aside Obama Administration Fracking Rules for Public Lands
Wednesday, June 22, 2016 A federal judge in Wyoming has set aside new regulations for hydraulic fracturing on public lands that were vehemently opposed by oil and gas producers.
Oil Ends Lower After Small US Drawdown; Choppy Ahead of Brexit Vote
Wednesday, June 22, 2016 Oil prices settled down more than 1 percent on Wednesday after a smaller-than-expected US inventory drawdown and amid jitters ahead of a vote on whether Britain should stay in the European Union.
EIA: US Adds Most Oil Storage Capacity in Sept-March Since 2011
Wednesday, June 22, 2016 The United States added 34 million barrels of crude oil storage capacity from September 2015 to March 2016, the largest expansion since the Energy Information Administration began tracking the data in 2011, the agency says.
White House to Defend Fracking Rules in the Courts
Wednesday, June 22, 2016 The White House says it will continue to defend in the courts its legal authority to set rules governing hydraulic fracturing on public lands.
Justice Alito Sells Exxon Stock After Years of Case Recusals
Wednesday, June 22, 2016 US Supreme Court Justice Samuel Alito sells the Exxon Mobil stock that for almost a decade kept him from taking part in cases involving the world's biggest publicly traded oil company.
Quarter of PE firms plan oil buyouts by end of year -survey
Tuesday, June 21, 2016 A quarter of private equity firms plan acquisitions in oil and gas by the end of the year, sensing an opportunity after low crude prices eroded the sector's profitability, according to an EY survey.
Kemp: Global Oil Demand Shows No Sign of Peaking
Tuesday, June 21, 2016 'Peak oil demand' has become a fashionable concept among climate campaigners but the evidence suggests oil consumption is growing at the fastest rate for a decade and shows no sign of letting up.
Why Reverse Mentoring Could Work for Oil, Gas Companies
Tuesday, June 21, 2016 Business leaders share how reverse mentoring programs helped their companies and how they might do the same for the oil and gas industry.
Oil Settles Down, Bounces Off Session Lows With Gasoline
Tuesday, June 21, 2016 Oil prices dip on Tuesday based on more speculation over Britain's future in the European Union, then pared losses to settle off session lows as a US refinery outage triggered a rebound in gasoline prices.
Shell Expects Continued Benefit from Capital Efficiency Strategy
Tuesday, June 21, 2016 Shell officials discuss strategy on how the company has boosted in capital efficiency for drilling.
Shell Sees Strong Potential for Permian Basin Assets
Tuesday, June 21, 2016 Shell outlines its strategy for the Permian Basin, part of its future plans to grow its unconventional oil and gas business.
One Way to Solve Fracking's Water Problem: Don't Use Water
Tuesday, June 21, 2016 The shale gas revolution brought the U.S. both energy-superpower status and a short list of headaches: engineering challenges, many wells have a disappointingly short productive lifetime, and those lifetimes can vary even within the same field.
Tokyo Gas Buys Eagle Ford Shale Stake, Despite Loss from Prior US Purchase
Tuesday, June 21, 2016 Tokyo Gas buys a 25-percent stake in an Eagle Ford shale gas formation.
Marathon Oil Deal Latest Big Oklahoma Bet by U.S. Drillers
Monday, June 20, 2016 Oil and gas producer Marathon Oil Corp's plans to buy a small Oklahoma producer is the latest signal U.S. shale companies are pouncing on properties in the state's high margin STACK basin as the price of oil rebounds.
In the Birthplace of U.S. Oil, Methane Gas Is Leaking Everywhere
Monday, June 20, 2016 In Pennsylvania, birthplace of the U.S. oil industry, century-old abandoned oil wells have long been part of the landscape.
Energy Transfer CEO Feared Deal Would Cause 'Implosion'
Monday, June 20, 2016 Energy Transfer Equity LP CEO Kelcy Warren feared that pushing ahead with a merger with rival pipeline operator Williams Cos. after a plunge in oil prices would prompt analysts to downgrade the company and cause an "implosion."
One Killed, 3 Hurt in North Dakota Well Explosion -AP
Monday, June 20, 2016 An oil worker was killed and two others were injured at an explosion at a well owned by an Exxon subsidiary in North Dakota, the Associated Press reports.
Oil Up 3 pct as Brexit Chances Dim; Gasoline Surges Too
Monday, June 20, 2016 Oil prices rise 3 percent, settling higher for a second straight day, after polls showing a lower likelihood of Britain leaving the European Union while U.S. gasoline surges 5 percent in anticipation of peak summer driving demand.
Raymond James: Get Ready for $80 Oil
Monday, June 20, 2016 Rebounding after a two-year collapse, it's only this month that oil prices have pushed up past $50 a barrel, but Raymond James & Associates says this is just the beginning for higher prices.
U.S. Offshore Regulator to Unveil Tougher Environmental Safeguards
Monday, June 20, 2016 The U.S. government agency created after the 2010 Deepwater Horizon oil spill plans in coming weeks to unveil tougher financial requirements for offshore oil producers aimed at protecting taxpayers from the risk of cleaning up abandoned oil rigs.
With Oil Price Near $50, Resilient US Shale Producers Eye New Chapter
Monday, June 20, 2016 Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency.
Williams-ETE $20B Merger Heads to Courtroom Showdown
Friday, June 17, 2016 A high-stakes trial will open to determine if Dallas billionaire Kelcy Warren's Energy Transfer Equity can back out of a $20 billion agreement to buy rival pipeline operator Williams Cos Inc.
Leading through Change: Judy Marks Shares Her Experiences
Friday, June 17, 2016 Dresser-Rand's EVP shares how she has been able to lead through an ever-changing market.
Oil Jumps 4 pct as Brexit Fears Ease, Still Down on Week
Friday, June 17, 2016 Oil prices jump about 4 percent, as a weaker dollar and less anxiety about Britain's possible exit from the European Union encourage investors to buy riskier assets.
Baker Hughes: U.S. Oil Drillers add Rigs for Third Week In A Row
Friday, June 17, 2016 U.S. drillers this week added oil rigs for a third week in a row for the first time since August, according to a closely followed report.
Deloitte: Debt, Shareholder Payouts May Take Priority Over CAPEX Spending
Thursday, June 16, 2016 A recovery in oil prices may not translate into more spending as companies face debt repayment and shareholder payout obligations.
Oil Slides 4% on Worry of Market Turmoil if UK Leaves EU
Thursday, June 16, 2016 Oil prices slumped about 4 percent and hit one-month lows, settling down for a sixth straight day, on fears of global economic turmoil if Britain exits the European Union.
Singapore's Keppel AmFELS Delivers One of the World's Largest HEEM Land Rig
Thursday, June 16, 2016 Singapore's Keppel AmFELS delivers one of the world's largest harsh environment enhanced mobility (HEEM) land rig ahead of schedule.
Exxon Asks U.S. Court to Throw Out Subpoena in Climate Change Inquiry
Wednesday, June 15, 2016 Exxon Mobil Corp asked a federal court to throw out a subpoena that would force the oil company to hand over decades of documents as part of a wide-ranging inquiry into whether it misled investors about climate change risks.
Oil Price Downturn Prompts Update of Rig Guide
Wednesday, June 15, 2016 ABS to provide clarification to industry through an update of its rig layup and reactivation guide.
Oil Down 5th Day; Brexit, Fed Hike Fears Offset U.S. Crude Draw
Wednesday, June 15, 2016 Oil prices fell for a fifth straight day, their longest losing stretch since February, on worries Britain might leave the European Union while the U.S. Federal Reserve signaled plans for two U.S. rate hikes this year despite slower growth.
Devon Sells Texas Land to Pioneer, Undisclosed Buyer for $858M
Wednesday, June 15, 2016 U.S. shale oil producer Devon Energy Corp said it would sell Texas acreage to Pioneer Natural Resources Co and an undisclosed buyer for $858 million, as the pace of asset sales picks up on recovering oil prices.
Shale Loses 9 Billion Barrels of Reserves After SEC Inquiries
Wednesday, June 15, 2016 Ultra Petroleum Corp. was a shale success story. Then came the bust.
BLOG: Are Millennials More Disloyal than Older Workers?
Wednesday, June 15, 2016 What's the reason for the perceived notion that millennials hop around from job to job?
E&Y: Low Commodity Prices Trigger Decline in Proven Reserves
Tuesday, June 14, 2016 Low oil and natural prices prompt the top 50 E&P companies to revise downward their proven oil and gas reserves for 2015.
Oil Slides as Rising Chance of Brexit Spooks Investors
Tuesday, June 14, 2016 Oil prices fall for a fourth straight day, dropping 1 percent as nervousness over Britain's vote next week on whether to leave the European Union overshadows signs of a return to health for crude after a two-year glut.
BLOG: Employment Attitudes Vary in Oil, Gas
Tuesday, June 14, 2016 Oil and gas companies rely too much on workforce reductions as a means of cutting costs quickly, according to a Twitter poll conducted by Rigzone.
Pioneer CEO: $60 Oil Needed for US Shale Industry to Grow Production
Tuesday, June 14, 2016 Pioneer's Scott Sheffield says a $60 oil environment is necessary to grow production in the Permian Basin.
Increased Volumes of Crude, Fuels Drive New Trading Tactics
Tuesday, June 14, 2016 Volatility vexes both upstream and downstream companies looking for options in risk management.
BLOG: Attention Job-Seekers - Employers Care About Your Volunteerism
Monday, June 13, 2016 A Deloitte survey finds that job-seekers may be undervaluing their volunteer experience.
New Helical Riser Buoyancy Part of Diamond Strategy on Efficiency
Monday, June 13, 2016 Diamond's partnership to develop, build and market drill riser buoyancy models based on its technology is part of the company's strategy to speed process improvement.
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