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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.
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.
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.
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.
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.
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.
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.
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.
Focus On: Health, Safety & Environment
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.
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.
Oil Trades Near $62
Thursday, November 08, 2018 Oil was steady after 8 days of losses.
Oil Market Faces Precarious Few Months
Thursday, November 08, 2018 The oil market faces a precarious few months, according to Wood Mackenzie.
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.
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.
Crude Oil Has Another Down Day
Thursday, November 08, 2018 The December WTI fell by nearly 2 percent Thursday.
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.
OPEC Eyes Yet Another U-Turn
Wednesday, November 07, 2018 OPEC is enduring one of the most head-spinning years in its history.
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.
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.
California Rejects Gasoline-Tax Hike Repeal
Wednesday, November 07, 2018 Golden State voters reject Proposition 6.
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.
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.
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.
WTI Settles Below $62
Wednesday, November 07, 2018 Both the WTI and Brent contracts ended the day lower during midweek trading.
Strike Action on the Cards for UK GMB Union?
Tuesday, November 06, 2018 UK union GMB confirms that most of its members covered by the Offshore Contractors Association agreement have voted for industrial action.
Oil Trades Near 7-Month Low
Tuesday, November 06, 2018 Oil held near the lowest level in 7 months as concerns over a supply crunch eased after the U.S. granted waivers to 8 governments to continue buying some Iranian crude.
Oil Could Hit $100 If Supply Crunch Worsens
Tuesday, November 06, 2018 Oil prices are likely to be 'biased to the upside' for the rest of the year, according to Citigroup Inc.
Start of Very Strong Cycle for Oil and Gas
Tuesday, November 06, 2018 We're at the beginning of a very strong cycle for oil and gas, according to Halliburton's CEO.
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.
Crude Oil Settles Lower
Tuesday, November 06, 2018 Both the WTI and Brent crude oil prices ended the day lower.
Crude Extends Decline
Monday, November 05, 2018 Oil extended its decline to a sixth day.
Thousands of UKCS Workers Edge Closer to Strike
Monday, November 05, 2018 The 'vast majority' of UK union Unite's 2,500 members covered by the Offshore Contractors Association agreement have voted for industrial action.
Oil Majors See Roaring Profits During 3Q
Monday, November 05, 2018 Oil companies saw soaring profits during 3Q as they emerge worst-in-a-generation crude slump.
Halliburton Expects Permian Bottlenecks Gone By End of 2019
Monday, November 05, 2018 Halliburton expects bottlenecks in America's busiest oil field to be relieved by the end of next year.
Brent Crude, Natural Gas Post Gains
Monday, November 05, 2018 Crude oil futures posted mixed results Monday.
Sunday Midnight Will Mark Dividing Line in Oil World
Friday, November 02, 2018 Beyond that point, anyone unloading a tanker from Iran risks the full wrath of the U.S. government.
Oil Set for Worst Week Since February
Friday, November 02, 2018 Oil's set for the biggest weekly loss since February.
ExxonMobil and Chevron Report Strongest 3Q Results in 4 Years
Friday, November 02, 2018 ExxonMobil and Chevron deliver their strongest third-quarter results in four years, capping a week in which Big Oil enjoyed profits not seen since the days of $100 crude.
US Adds Thousands of Oil and Gas Jobs in October
Friday, November 02, 2018 Newly released data from the BLS reveals that October continued the trend of adding jobs in the sector.
US Drops Oil Rigs for First Time in Four Weeks
Friday, November 02, 2018 According to rig count data compiled by Baker Hughes, a GE Company, drillers cut one rig this week.
Crude Oil Down Six-plus Percent for Week
Friday, November 02, 2018 The ongoing slump in global and US stock markets has dampened the energy demand outlook, and a stronger US dollar earlier this week hasn't helped.
Oil Extends Losses Near $65
Thursday, November 01, 2018 Oil extended losses near $65 a barrel after the worst month in more than 2 years.
India, Korea, US Said to Agree Iran Oil Waiver Outline
Thursday, November 01, 2018 India and South Korea agreed with the U.S. on the outline of deals that would allow them to keep importing some Iranian oil, according to Asian officials with knowledge of the matter.
Encana to Acquire Newfield for $5.5 Billion
Thursday, November 01, 2018 Encana reverses course with a $5.5 billion acquisition of a US shale producer in what will be the company's biggest-ever deal.
US E&P Executives to See Higher Salaries in 2019
Thursday, November 01, 2018 A new survey reveals that oilfield services and drilling companies expect an increase in executives' base salary.
WTI Falls Below $64
Thursday, November 01, 2018 Thursday was another down day for crude oil futures.
Oil Set for Biggest Monthly Slide Since 2016
Wednesday, October 31, 2018 Oil's set for its biggest monthly drop since 2016 as the specter of a slowdown in the global economy haunts the market.
OGA Gives Its View on Autumn Budget
Wednesday, October 31, 2018 The Chief Executive of the UK's Oil and Gas Authority, Andy Samuel, has responded to the Chancellor of the Exchequer's Autumn Budget.
Crude Oil Extends Downward Trend
Wednesday, October 31, 2018 Crude oil continued its downward momentum that began at the beginning of this week.
Oil Holds Losses
Tuesday, October 30, 2018 Oil held losses near $67 a barrel on speculation that an escalating trade dispute between the United States and China will dampen global growth at a time when American crude inventories are growing.
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