OklahomaMinerals.com
Investing
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1.8KShell reports $18B loss as global oil and gas prices collapse
The Guardian – Royal Dutch Shell has reported a deep financial loss after a record writedown on the value of its oil...
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2.0K
Houston banks sell off energy loans, cut credit lines to oil and gas companies
Houston Chronicle – Banks are selling off loans and cutting credit lines to oil and gas companies to reduce their risk of...
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1.8K
Chevron Deal for Oil and Gas Fields May Set Off New Wave of Mergers
By: Clifford Krauss – The New York Times – In the first big deal since oil prices crashed four months ago, Chevron...
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California Resources Corp., leading oil and gas producer, files for Chapter 11 bankruptcy
Janet Wilson and Mark Olalde – Desert Sun – California Resources Corp., the state’s largest oil and gas production company with more...
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2.6K
What are the differences between ICE Brent and NYMEX WTI futures?
Mike Wittner – The ICE – The world oil market is in the midst of a massive collapse in demand, driven by...
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3.5K
Dominion Energy Kills Pipeline, Sells Assets to Berkshire
Bloomberg – Dominion Energy Inc., one of the largest utilities in America is starting to turn its back on natural gas. Dominion...
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1.8K
Oil major Shell to write down up to $22 billion in Q2
By: Sam Meredith – CNBC – Oil giant Royal Dutch Shell said on Tuesday it will write down the value of its assets...
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2.5K
Investing In Oil And Gas: Precarious Times
By: Ed Hirs – Forbes – When does $9 equal $40? When the alchemists in the oil patch present their numbers to...
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2.3K
Banks Cut Shale Drillers’ Lifelines as Losses Mount
By: Christopher M. Matthews and Andrew Scurria – The Wall Street Journal – Banks are slashing credit lines to shale drillers, as...
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Drilling investments forecast to hit 15-year low
Houston Chronicle – Global spending on oil and gas drilling this year is forecast to fall to the lowest level in 15...
