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Oil & Gas News
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1.6KPhillips 66 creates low-carbon unit
By: Janet McGurty – S&P Global Platts – Phillips 66 is moving its emerging energy operations to a separate segment, which will...
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1.4K
Oil Market Bulls Feast On Free Lunch Served Up By Saudi Arabia
By: Dan Eberhart – Forbes – Saudi Arabia’s decision Tuesday to cut an additional 1 million barrels a day of production in February...
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Strong gas production drives Bakken Shale flows on northern border to new highs
By: Brandon Evans and Rachel Wiser – S&P Global Platts – Despite rig counts in the Bakken Shale remaining low due to...
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What will determine national gas price for 2021 as average holds steady for 12 days
DAYTON, Ohio (WKEF/WRGT) — While many people are hoping that 2021 will change a lot of what happened during 2020, but one...
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OPEC+ Emerges From 2020 Chaos to Face Delicate Balancing Act
LONDON (Bloomberg) by Grant Smith. As one of the most tumultuous years in oil’s history ends, a delicate task now confronts OPEC+....
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Pandemic, price war led to challenging year for oil; Wyoming’s rig count fell to zero for first time since 1884
Casper Star-Tribune. By Camille Erickson Via Wyoming News Exchange. CASPER – Rigs and the ubiquitous heads of pumpjacks, usually faithfully bobbing up...
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Shale gas stocks boomed in 2020 as oil got crushed; 2021 outlook is positive
S&P Global – After years of punishment as the shale gas boom imploded, many shale gas stocks outperformed major indexes and their...
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Pacific Drilling Expects Ch11 Emergence by End 2020
RigZone.com. By Andreas Exarheas – Pacific Drilling S.A. (OTC: PACDQ) has announced that the United States Bankruptcy Court for the Southern District...
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Lower Permian gas production, higher prices promise shift in 2021 flows
By: J. Robinson – S&P Global Platts – A steep drop in Permian gas production this year is driving a significant shift...
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QEP Resources to be acquired in $2.2 billion deal
By: Jensen Werley – Denver Business Journal – QEP Resources (NYSE: QEP), a Denver-based oil and gas company, is being acquired by...
