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Relief Arrives For US Shale Firms As OPEC Folds In Price Battle
Thursday, September 29, 2016 It was a moment U.S. shale oil producers have been waiting on for more than two years: OPEC nations finally agreed to cut production in a move that lifted low prices ravaging their budgets.

Extraction Oil & Gas Expects to Raise as Much as $600M in IPO
Thursday, September 29, 2016 Extraction Oil & Gas LLC says it expects to raise as much as $600 million in an initial public offering, valuing the Denver-based oil explorer and producer at about $2.6 billion.

Chesapeake Receives DoJ Subpoena on Accounting for Asset Purchase
Thursday, September 29, 2016 Chesapeake Energy Corp said it received a subpoena from the U.S. Department of Justice seeking information on the accounting methodology for the acquisition and classification of oil and gas properties.

Oil Rises Close to $50/bbl; Doubts on OPEC Plan Cap Gains
Thursday, September 29, 2016 Oil jumps more than 1 percent, with Brent nearing $50 a barrel on optimism over OPEC's first planned output cut in eight years, although gains were limited by doubts the reduction would make a substantial dent in the global crude glut.

Survey: Operational Excellence Key to Oil, Gas Company Success
Thursday, September 29, 2016 Operational excellence is viewed as critical to the success of oil and gas companies, according to Petrotechnics' recent Operational Excellence index.

  


Brent Nears $50 Per Barrel as OPEC Weighs Output Cut
Wednesday, September 28, 2016 Oil prices bounce amid OPEC production cut speculation.

Dallas Fed: Worst of Oil Bust Over
Wednesday, September 28, 2016 A new report from the Dallas Fed says the industry may have already seen the worst of the oil bust.

Oil Soars 6% as OPEC Reaches Deal to Limit Output in Nov
Wednesday, September 28, 2016 Oil prices settle up nearly 6 percent after OPEC sources say the group has struck a deal to limit crude output at its policy meeting in November, its first production cut agreement since the market crashed two years ago on oversupply.

RPSEA Plan Seeks to Address Oil, Gas Technical Challenges
Wednesday, September 28, 2016 RPSEA unveils its strategic plan for addressing the oil and gas industry’s major technological challenges in 2016 and beyond.

BLOG: Clinton, Trump Offer Little Insight into Energy Policies
Tuesday, September 27, 2016 During the first US presidential debate of 2016, neither former Secretary of State Hillary Clinton nor businessman Donald Trump had much to say about oil and gas industry.

Icahn Nominee Resigns From Chesapeake Board; Shares Tumble
Tuesday, September 27, 2016 Chesapeake says that two directors, including a representative of activist investor Carl Icahn, resigned, a week after Icahn more than halved his stake in the natural gas producer.

Oil Down 3% As Saudi, Iran Dash Hopes For An Algiers Deal
Tuesday, September 27, 2016 Oil falls about 3% after Saudi Arabia and Iran dash market hopes that the two major OPEC producers would find a compromise this week.

Rice Energy to buy Vantage Energy for about $2.7B
Monday, September 26, 2016 Oil and gas producer Rice Energy Inc will buy Vantage Energy LLC and Vantage Energy II LLC for about $2.7 billion, including debt.

Oil Climbs as Saudi Arabian Offer Opens Door to Future OPEC Deal
Monday, September 26, 2016 Oil advanced as Saudi Arabia's offer to cut output opened the door to a future OPEC deal, though the kingdom doesn't expect an agreement when members of the group meet this week.

Oil Sinks As OPEC Deal Seen Unlikely; Stocks Dip
Friday, September 23, 2016 Oil prices tumble following signs that Saudi Arabia and Iran continue to disagree over output limits ahead of a meeting next week aimed at freezing production.

Pioneer CEO Scott Sheffield: Lessons Learned from a 40-Year Career
Friday, September 23, 2016 Pioneer Natural Resources CEO Scott Sheffield shares important lessons learned in the oil patch with audience at Deloitte conference in Houston.

New Banking Regulations Pushed Oil, Gas Bankruptcies, Expert Says
Friday, September 23, 2016 Regulations that tied bankers' hands during the downturn forced some oil and gas companies into bankruptcy, key energy lender says.

What Does OPEC's Freeze Talk Really Mean?
Friday, September 23, 2016 Some unnamed sources say Saudi Arabia may be willing to cut its production, but non-OPEC member Russia says production cuts off the table.

Freeport-McMoRan Makes Further Job Cuts in Houston
Thursday, September 22, 2016 Citing low oil prices and unfavorable economic conditions, Freeport-McMoRan Oil and Gas will lay off more employees in Houston.

Oil Rises More On U.S. Crude Draw, Pares Gains On OPEC Doubt
Thursday, September 22, 2016 Oil prices rally again, boosted for a second day by U.S. government data that showed a surprising crude inventory drop, but crude futures pared gains as traders worried that OPEC was not nearing an agreement to reduce a global glut.

True Grit: Surging Sand Demand Could Boost Jobs in Oil, Gas
Thursday, September 22, 2016 With more sand used to produce more oil from a single well, demand is increasing and stands to bring jobs back to the oil patch.

Oil Rises on Positive Inventory Data, Weaker Dollar
Wednesday, September 21, 2016 Oil markets were anticipating fairly robust inventory drawdowns after the API released its estimates for the week ending Sept. 16.

ExxonMobil: Population, Economic Growth Driving Future Energy Demand
Wednesday, September 21, 2016 ExxonMobil's Rob Gardner says the world's energy demand will be driven primarily by population and economic growth.

BLOG: An Appalachian Spring?
Wednesday, September 21, 2016 A "very informal, very unscientific survey" suggests some optimism returning to Marcellus/Utica.

Report: SEC Probes Exxon's Climate, Reserves Accounting
Tuesday, September 20, 2016 The US SEC is investigating how ExxonMobil has valued its reserves in the wake of low oil prices and potential curbs on carbon emissions.

US Crude Up On Demand Hopes; Brent Down On OPEC Deal Skepticism
Tuesday, September 20, 2016 US oil prices edged up on hopes the planned restart of country's main gasoline pipeline after a leak more than a week ago will boost demand.

BLOG: Are We There Yet? Oil, Gas Workers Search for Silver Lining
Monday, September 19, 2016 Current industry sentiments and activity suggest signs of slight recovery, albeit a slow one.

Oil Up But Off Highs On Output Freeze Talk, Gasoline Tumbles
Monday, September 19, 2016 Oil rallied before settling off its highs on skepticism over Venezuela's bid to talk up a potential OPEC output freeze.

Oil Hits Multi-Week Lows On Glut Worry; Gasoline Surges
Friday, September 16, 2016 Crude oil prices fall 2% to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages.

What Oil, Gas Companies Want from IoT Startups
Friday, September 16, 2016 Industry officials discuss what oil and gas companies are looking for in terms of Internet of Things technologies.

Exxon's Accounting Practices Said to Be Reviewed by New York
Friday, September 16, 2016 New York Attorney General's probe into Exxon includes scrutiny of why it didn't write down the value of oil fields during a global collapse in prices that prompted billions in write-offs by rival drillers.

New York Investigating Exxon's Accounting Practices
Friday, September 16, 2016 New York Attorney General Eric Schneiderman is investigating Exxon Mobil Corp's accounting practices and why the company hasn't written down the value of its assets.

BLOG: Hollywood's Deepwater Horizon Focuses on People, Not Preaching
Friday, September 16, 2016 The Peter Berg Film based on the Deepwater Horizon incident stars Mark Wahlberg and Kate Hudson as a rig worker and his wife impacted by the rig explosion.

Baker Hughes: US Oil Drillers Add Rigs For 11th Week In 12
Friday, September 16, 2016 US drillers this week added oil rigs for an 11th week in the past 12, according to a closely followed report.

Why The US Is A Major Roadblock For Oil Output Freeze
Friday, September 16, 2016 Whatever the rival factions decide, the US has managed to top them all in terms of production growth over the last five years and will never be likely to join in any group efforts to control supply.

Offshore Drillers Brace for More Pain Even With Bottom in Sight
Thursday, September 15, 2016 Offshore oil-rig operators, grappling with the biggest industry downturn in a generation, say they finally have the bottom in sight.

Crude Rises On Wall St Rally, Gasoline Spike Amid Pipeline Outage
Thursday, September 15, 2016 Oil prices rise about 1% or more after tracking a rally in gasoline futures.

Deloitte: End-to-End Automation Real Value of IIoT Technology
Thursday, September 15, 2016 Deloitte sees potential for Industrial Internet of Things technology to transform the oil and gas industry beyond equipment failure monitoring.

Chesapeake Energy Loses Appeal In $438.7M Bond Dispute
Thursday, September 15, 2016 A federal appeals court rejects Chesapeake's effort to avoid having to pay $438.7 million, including interest, to investors in a bond dispute.

BLOG: What Happens to Oil, Gas If GOP Loses Congress?
Wednesday, September 14, 2016 Down-ballot voting in US presidential election between Hillary Clinton and Donald Trump could impact Congress' action on energy policy.

Oil Falls On Larger Than Expected Builds, Strengthening Supply Picture
Wednesday, September 14, 2016 After IEA reports, oil markets continue to reflect a more dour outlook.

Oil Tumbles 3% After Both IEA, OPEC See Glut Persisting
Tuesday, September 13, 2016 Oil prices settle down as much as 3% after forecasts from OPEC and a leading energy market body focused on consumers indicated a global crude supply glut could persist into next year.

Oil Tumbles 3% After Both IEA, OPEC See Glut Persisting
Tuesday, September 13, 2016 Oil prices settle down as much as 3% after forecasts from OPEC and a leading energy market body focused on consumers indicated a global crude supply glut could persist into next year.

How 'Zombie' Oil Companies Stay Alive in Life-or-Death Debt Markets
Tuesday, September 13, 2016 Oil and gas companies have been deploying a raft of creative measures to stay afloat amid lower crude prices that have crimped profits and threatened their survival.

NOV Lays Off 54 Houston Workers as Part of Consolidation
Tuesday, September 13, 2016 National Oilwell Varco is consolidating one of its Houston facilities and laying off 54 workers.

Directive Seeks to Coordinate Response to Oil, Gas Cyberattacks
Tuesday, September 13, 2016 A new presidential directive aims to establish guidelines for a significant cyberattack against US companies, including oil and gas.

Anadarko Goes Deeper in GOM with $2B Deal
Monday, September 12, 2016 Anadarko Petroleum announces $2 billion acquisition in the Gulf of Mexico from Freeport McMoran Inc.

Crude Oil Climbs as US Equities Advance, Dollar Retreats
Monday, September 12, 2016 Oil advanced as US stocks rebounded from the biggest rout since June and as the dollar retreated against its peers.

Jobless Recovery Looms For White-Collar US Oil Workers
Monday, September 12, 2016 Job prospects remain bleak even as oil executives cautiously plot production and budget increases.

Here's One Sign That 'Peak Oil' Is Dead
Monday, September 12, 2016 Peak Oil: gone and forgotten? Google searches for the idea that once helped propel oil prices to nearly $150 per barrel dwindle to almost nothing.

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