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Russian Stance on OPEC+ Cuts Shows Gap with Saudis
Monday, November 19, 2018 Russia's energy minister insists the country and its allies in OPEC need to watch the oil market in the coming weeks before making any decisions to cut output.
Global FPSO Market Set to Rebound
Monday, November 19, 2018 The global floating production market has stirred back to life, according to Rystad Energy.
Oil Shoots Back Up After 6 Weeks of Losses
Monday, November 19, 2018 Oil shot back up following 6 weeks of losses as speculation of OPEC weighing bigger output cuts overshadowed signs of expanding American crude production.
Crude Oil Down for the Week but Gas Rebounds
Friday, November 16, 2018 The December WTI remained flat on Friday.
US Adds Oil Rigs for Fifth Out of Sixth Weeks
Friday, November 16, 2018 This week's rig count marks the fifth out of six weeks that the nation has added oil rigs.
How to Bounce Back from Professional Failure
Friday, November 16, 2018 Oil and gas experts offer tips on how to bounce back from a professional set-back.
Finding Oil Floor Is Going to Take More Time
Friday, November 16, 2018 Finding a floor for oil is going to take more time, according to CIBC Private Wealth Management Senior Energy Trader Rebecca Babin.
Oil Poised for Sixth Weekly Loss
Friday, November 16, 2018 Oil is poised for a sixth weekly loss, trading near $57 a barrel.
Crude Oil Up and Gas Continues Wild Ride
Thursday, November 15, 2018 Crude oil futures continued to recover Thursday while natural gas' robust rally reversed course.
Big Oil Reuses Platforms in Latest Cost-Cutting Trick
Thursday, November 15, 2018 Oil companies have pushed through draconian cost cuts during the recent industry slump, but they're not quite done yet.
The Market is Overreacting
Thursday, November 15, 2018 The market is overreacting, according to Nasdaq IR Intelligence Energy Director Tamar Essner.
Oil Trades Near $56
Thursday, November 15, 2018 Oil traded near $56 a barrel after snapping a record losing streak.
Crude Oil Recovers and Natural Gas Roars
Wednesday, November 14, 2018 One day after tumbling more than 7%, the December WTI crude oil futures price recovered slightly.
Mexico's CNH President Turns in Resignation
Wednesday, November 14, 2018 Juan Carlos Zepeda Molina, president of the National Hydrocarbons Commission of Mexico will leave the office in December.
IEA Welcomes Return of Oil Surplus
Wednesday, November 14, 2018 The IEA welcomes the oil market's return to surplus.
Oil's Collapse Deepens
Wednesday, November 14, 2018 Oil showed little sign of recovering from its unprecedented decline.
How Will Oil's Freefall End?
Wednesday, November 14, 2018 Oil's record losing streak has plunged prices into a bear market and is reverberating around the globe.
GE's Knack for Bad Timing Strikes Again
Tuesday, November 13, 2018 General Electric Co.'s plan to unravel its Baker Hughes stake smacks of desperation.
Crude Oil Futures Plunge
Tuesday, November 13, 2018 Surging US crude oil output and worries about an economic slowdown contribute to a steep decline in crude oil futures.
Permian Pipes Are Coming, But The Workers Aren't
Tuesday, November 13, 2018 'It's frankly today a bigger concern than oil prices, because oil prices are fine where they are. The availability of labor is not,' says analyst.
GE Looks to Speed Up Separation from Baker Hughes
Tuesday, November 13, 2018 The companies agree to a deal which frees up GE to begin selling Baker Hughes stock.
Market Balanced, No Cause for Alarm
Tuesday, November 13, 2018 The market is still relatively in a state of balance and there is no cause for alarm, the OPEC Secretary-General tells Bloomberg.
US Majors Said to Mull Bids for Endeavor Energy
Tuesday, November 13, 2018 Chevron and Exxon are among the companies considering first-round bids this month for Endeavor Energy Resources, according to people with knowledge of the matter.
Oil Extends Record Losing Streak
Tuesday, November 13, 2018 Oil fell for a 12th consecutive session in its longest losing streak on record.
Crude Oil Benchmarks Set Record
Monday, November 12, 2018 The WTI and Brent crude oil benchmarks set records - but not the kind that oil producers typically like.
Unconventional Wells Getting Early Win from Predictive Analytics
Monday, November 12, 2018 More than one-half of the world's top 100 largest oil and gas companies are now using digital tools to predict the future.
Digitalization Can Save Upstream Sector $75B Each Year
Monday, November 12, 2018 A new study by Wood Mackenzie shows how the US Lower 48 has led the way in utilizing technology to transform their business.
EOG Join Oil's $1 Billion-a-Quarter Club
Monday, November 12, 2018 The well-heeled, buttoned-down world of international oil now has competition from cowboy boots and jeans.
Analysts Not Surprised by Move into Bear Territory
Monday, November 12, 2018 Analysts at Cantor Fitzgerald Europe are not surprised by the move into bear territory.
Oil Climbs After Record Run of Losses
Monday, November 12, 2018 Oil climbed after a record run of losses as Saudi Arabia said it will reduce crude sales in December and speculation rose that OPEC and its allies will cut output next year.
WTI Drops Below $60
Friday, November 09, 2018 Crude oil futures declined again Friday, but the key natural gas benchmark got a late-week boost from a Canadian cold blast.
Keystone XL Ruling Could Just Be Symbolic
Friday, November 09, 2018 A Montana federal judge Thursday found that the 2014 environmental assessment by the Obama administration fell short.
Time Has Come for OPEC to Start Worrying
Friday, November 09, 2018 The time has come for OPEC to start worrying, according to the founder of Vanda Insights.
Oil Teeters Near Record Losing Streak
Friday, November 09, 2018 Oil's set for its longest stretch of declines on record after entering a bear market.
Crude Oil Has Another Down Day
Thursday, November 08, 2018 The December WTI fell by nearly 2 percent Thursday.
Anadarko to Sell Delaware and DJ Midstream Assets
Thursday, November 08, 2018 Under the $4.015 billion deal, Anadarko will receive $2.0075 billion in cash and the balance in new Western Gas equity.
Big Oil Tells Big Tech Being Arrogant Will Backfire
Thursday, November 08, 2018 One of the biggest oil bosses in the world has a message for hotshot young tech stars.
Oil Market Faces Precarious Few Months
Thursday, November 08, 2018 The oil market faces a precarious few months, according to Wood Mackenzie.
Oil Trades Near $62
Thursday, November 08, 2018 Oil was steady after 8 days of losses.
WTI Settles Below $62
Wednesday, November 07, 2018 Both the WTI and Brent contracts ended the day lower during midweek trading.
Well Setback Measure Fails in Colorado
Wednesday, November 07, 2018 A controversial proposal on the ballot in Colorado that would have dramatically limited new oil and gas development in the state failed at the polls Tuesday.
Vantage Buys Williston Assets in $1.65B Deal
Wednesday, November 07, 2018 Vantage Energy Acquisition Corporation purchases Williston Basin assets from QEP for $1.65 billion.
Oil and Gas Recruiting to Rise in Coming Months
Wednesday, November 07, 2018 Rigzone's recent survey finds that oil and gas recruiting is expected to increase in coming months, on the heels of a better market climate.
California Rejects Gasoline-Tax Hike Repeal
Wednesday, November 07, 2018 Golden State voters reject Proposition 6.
Permian Best Place to be in Shale Oil Business
Wednesday, November 07, 2018 The Permian Basin continues to be the best place to be in the shale oil business, according to Timothy L. Dove, president and CEO of Pioneer Natural Resources.
Further Talks Planned to Avoid North Sea Strike
Wednesday, November 07, 2018 The OCA and UK union representatives agree to meet on November 20 for further talks.
OPEC Eyes Yet Another U-Turn
Wednesday, November 07, 2018 OPEC is enduring one of the most head-spinning years in its history.
Oil Poised for Longest Losing Run Since 2014
Wednesday, November 07, 2018 Crude's set for the longest losing streak since 2014 as concerns of a supply crunch ease.
Crude Oil Settles Lower
Tuesday, November 06, 2018 Both the WTI and Brent crude oil prices ended the day lower.
ExxonMobil's Wood Says Size Doesn't Matter in M&A Deals
Tuesday, November 06, 2018 The world's biggest public energy company doesn't worry about size when it comes to potential deal-making.