Regional News: United States

 
By Category:
Articles From:

Results50 articles shown

Rattled by Pure Sentiment in August, Markets Return Focus to Fundamentals
Friday, August 28, 2015 Following stock market chaos in August that brought oil prices down to 6-year lows, oil traders focus again on the persistent global oil oversupply situation.

More Oilfield Services M&A Likely On The Way
Friday, August 28, 2015 Lower-for-longer volatility coupled with the recent pairing of mega energy companies Schlumberger and Cameron suggest oilfield services may be running out of time for wishful thinking.

Environmental Groups to Sue EPA Over Waste Disposal Rules
Friday, August 28, 2015 Several environmental groups plan to sue the EPA, claiming the agency has failed in its duty to review and update regulations associated with oil and gas waste.

Icahn Takes Stake in Rout-Beleaguered Freeport-McMoRan
Friday, August 28, 2015 The billions in cutbacks that Freeport-McMoRan has taken in its battle against plunging commodity prices may not be enough for one of its newest shareholders, billionaire activist investor Carl Icahn.

Halliburton Believers Stand to Win Big Betting on Deal: Real M&A
Friday, August 28, 2015 Traders willing to bet the biggest oil- services deal can survive regulatory scrutiny stand to rake in more than $3 billion in profit.

  


US Crude Jumps 6% In Second Day Of Short-Covering Frenzy
Friday, August 28, 2015 US crude rose 6%, notching its first weekly gain in two months, after a rally in gasoline.

Baker Hughes: US Oil Drillers Add Rigs For The Sixth Week In A Row
Friday, August 28, 2015 US energy firms added one oil rig this week, the sixth consecutive week of increases even as US oil prices flirt with 6-1/2-year lows.

For OPEC, This Year's Painful Oil Slump Will Bring Gains in 2016
Friday, August 28, 2015 While OPEC's fight to snatch market share from rival oil producers might look like a costly failure as prices languish below $50 a barrel, an entirely different picture could emerge next year.

Global Energy Deals Now Surpass Dawn of Oil 'Supermajors' Era
Thursday, August 27, 2015 If there was any question over whether this year's oil crash would give rise to a new era of energy megadeals, there isn't anymore.

Molopo Energy Appoints New Non-Executive Director
Thursday, August 27, 2015 Molopo Energy Limited announces the appointment of a new non-executive director to its board.

Oil Soars Over 10%, Biggest Gain in Six Years as Shorts Scramble
Thursday, August 27, 2015 Oil rockets up more than 10%, posts its biggest one-day rally in more than 6 years.

White House Says Keystone XL Pipeline Review Continues
Thursday, August 27, 2015 The White House says that the US State Department continues to review TransCanada's proposed Keystone XL pipeline from Canada's oil sands to Gulf Coast refineries.

BP, Emerson Extend Automation Services Agreement
Wednesday, August 26, 2015 BP and Emerson Process Management ink agreement through which Emerson will provide BP with an expanded scope of automation technologies and expertise.

Third Houston Energy CFO in Less than One Week to Resign
Wednesday, August 26, 2015 Cobalt names new chief financial officer after former CFO resigns.

Blame Oil Glut on Investors Who Still Love Drilling Over Profits
Wednesday, August 26, 2015 Investors sent a surprising message to US shale producers as crude fell almost 20% in August: keep calm and drill on.

NOV's Williams: Energy Industry Will Barrel On
Wednesday, August 26, 2015 National Oilwell Varco's CEO, Clay Williams, tells Rigzone that after enduring six downturns in his career, he's learned there's always an upside.

Oil Dips As Gasoline Build Offsets Big US Crude Draw
Wednesday, August 26, 2015 Oil prices fall almost 2% after a huge drawdown in US crude stockpiles was offset by a larger-than-expected build in gasoline and distillates.

Oilfield Giant Schlumberger Buying Houston-based Cameron for $14.8B
Wednesday, August 26, 2015 Schlumberger reaches an agreement to acquire Cameron for a total transaction value of $14.8 billion. Cameron stock skyrockets 41% after transaction announcement.

Linn Energy Names New CFO
Tuesday, August 25, 2015 Linn Energy names a new chief financial officer to replace Kolja Rockov, who stepped down to pursue other opportunities.

Encana to Sell Haynesville Nat Gas Assets for $850M
Tuesday, August 25, 2015 Encana reaches an agreement to sell its Haynesville natural gas assets, located in northern Louisiana.

Transocean Suspends Quarterly Dividends For 2015
Tuesday, August 25, 2015 Fighting challenges to battered offshore drilling environment, Transocean halts quarterly dividends for the next two quarters.

NOV CEO: Leadership Optimism Is Key During a Downturn
Tuesday, August 25, 2015 NOV CEO Clay Williams talks with Rigzone about the work of leading an international company during a challenging marketplace and changing times.

Musings: Are We Entering The Capitulation Phase of Industry Cycle?
Tuesday, August 25, 2015 Oil price action during the past two weeks may be signaling that we are entering the "capitulation phase" of the oil industry cycle.

Oil Recovers But Still Ends Near 6-1/2-Year Lows
Tuesday, August 25, 2015 Oil rose as much as 3% as oversold conditions brought some buyers back to the market.

GE Cutting 262 More Lufkin Oil Unit Jobs in Texas
Monday, August 24, 2015 General Electric says it was cutting 262 more jobs at its Lufkin oil unit in Texas and closing a foundry as it grapples with the plunge in global oil prices.

Bullish Oil Bets Sink to 5-Year Low as Futures Flirt With $40
Monday, August 24, 2015 It's pretty lonely being an oil bull these days.

Oil Tumbles Up To 6% To New Lows As China Fears Intensify Rout
Monday, August 24, 2015 Oil's weeks-long slump accelerates sharply with prices tumbling as much as 6% to fresh 6-1/2-year lows.

Analysts: New Price Downfall Not Sustainable
Monday, August 24, 2015 With oil price decline lingering, analysts reevaluate forecasts for rig count and service companies.

Congress Likely to Repeal Oil Export Ban in 2016, Evercore Says
Friday, August 21, 2015 Legislation to repeal a 40-year ban on most domestic oil exports will probably become law in the first quarter of next year, according to analysts at Evercore ISI.

Oil Poised for Longest Weekly Losing Streak Since 1986 Amid Glut
Friday, August 21, 2015 Oil heads for the longest run of weekly declines in almost three decades on signs the supply glut that drove prices to a six-year low will be prolonged.

In Downturn, Frackers Turn to Toilet Water in Drought-Prone Texas
Friday, August 21, 2015 Pioneer Natural Resources finds an unusual way to both save water and cut costs for its wells in west Texas.

IoT Technology Aims to Optimize Production Chemical Optimization
Friday, August 21, 2015 Production chemicals remain a major cost for operators, particularly in a time of low oil prices.

Oil Ends Down More Than 2% as US Drilling Points to Glut
Friday, August 21, 2015 U.S. oil prices traded below $40 a barrel for the first time since the 2009 financial crisis, ending 2% lower.

Oil Dives Below $40 Per Barrel After Rise in US Oil Rigs
Friday, August 21, 2015 US crude oil prices dive below $40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years.

Goodrich Petroleum CFO Resigns
Thursday, August 20, 2015 Goodrich Petroleum's chief financial officer resigns to take a position with a private company.

Commodities Rout Erases $2T From Stock Values
Thursday, August 20, 2015 Commodity producers lose almost as much value in the past year as India’s entire economy, according to Bloomberg data.

US September crude ends higher, Brent slumps
Thursday, August 20, 2015 Expiring US crude prices settled higher after slumping to fresh 6-1/2-year low; supply glut and concerns about China's economy pressure Brent crude.

US September Crude Ends Higher At Expiration, Brent Slumps
Thursday, August 20, 2015 Expiring US crude prices settle higher after slumping to fresh 6-1/2-year low; supply glut and concerns about China's economy pressure Brent crude.

A Wealth of Advice: Retirement Tips for Oil, Gas Workers
Thursday, August 20, 2015 Merrill Lynch financial expert Pat Wenzel offers retirement advice for oil and gas workers.

Analyst: Oil Prices Will Remain Lower for Longer
Thursday, August 20, 2015 Oil prices will remain lower for longer as market fundamentals cast a bearish outlook on the market, according to a Rigzone data team analyst.

US September Crude Up Eyeing Hurricane As Expirations Near
Thursday, August 20, 2015 US crude prices extend gains and Brent briefly turns higher as first hurricane of the 2015 Atlantic season sparks contract expiration concerns.

Supply Chain Management Still Key During Downturn
Wednesday, August 19, 2015 A recent survey finds oil and gas firms may be putting themselves at risk by not having effective supply chain management practices in place.

Employee Layoffs in Oilfield Services Companies: Panacea or Poison?
Wednesday, August 19, 2015 According to recent news reports, nearly 50,000 energy jobs have been lost in the past three months on top of the 100,000 employees laid off since oil prices started to decrease in the fall of 2014.

EPA Rule to Have Limited Production, Cost Impact
Wednesday, August 19, 2015 The EPA's proposed rule to cut methane emissions from oil and gas operations will have limited impact on US production and cost, analysts say.

Summer NAPE Driving Oil, Gas Deal Pace
Wednesday, August 19, 2015 Upstream Houston conference works to raise industry hopes and momentum.

US Crude Down 4% To Hit 6-1/2-Year Low On Surprise Stock Build
Wednesday, August 19, 2015 US crude oil slumps over 4 percent on Wednesday, hitting a 6-1/2-year low and almost breaking below $40 per barrel.

Accenture Plans to Acquire Schlumberger's Consulting Unit
Tuesday, August 18, 2015 Accenture plans on buying the consulting arm of Schlumberger for an undisclosed amount.

Groups Say Proposed EPA Rules to Add Costly Burden to Oil, Gas Industry
Tuesday, August 18, 2015 A proposed EPA rule to regulate methane emissions from oil and gas operations will add a "costly burden" to the oil and gas industry, say industry groups.

Oil Rises On US Data; Bets For Stockpile Drop
Tuesday, August 18, 2015 Oil rallied, with US crude settling up nearly 2%, after bullish economic data and bets for lower crude stockpiles in the US.

Clinton Parts With Obama Administration On Arctic Drilling
Tuesday, August 18, 2015 US Democratic presidential candidate Hillary Clinton staked out her opposition to Arctic oil exploration, putting her at odds with the Obama administration one day after it approved drilling off Alaska.

Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles for this category, region, and date range combination. For more articles, please perform an Advanced Article Search.