OklahomaMinerals.com
Oil & Gas News
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1.7KGov. Stitt urges sanctions against Russia and Saudia Arabia
By: Dylan Goforth – Enid News & Eagle – Gov. Kevin Stitt this week sent a letter to President Donald Trump, urging...
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‘We are on the verge of a massive collapse’: Ex-Energy Secretary Perry says COVID-19 will ravage oil industry
USA TODAY – Former Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic decrease in demand...
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$20 oil sends energy companies to restructuring specialists in droves to avoid bankruptcy
Houston Chronicle – Bankruptcy attorneys and restructuring experts are quickly becoming the most popular people in the oil patch. Energy companies are...
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Texas shale producers ask state to cut oil output as demand plummets during coronavirus pandemic
Texas Tribune – Two Texas oil companies with large footprints in the West Texas oil patch sent a letter Monday to state...
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March 2020: Ten Signs the Oil Industry Is Bent Out of Shape
David Gaffen, (Reuters) The oil industry has been hit by a simultaneous demand and supply shock in March as the coronavirus pandemic...
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“Rocks Don’t Go Bankrupt” Experts Say Shale Will Rise Again
Bloomberg – The American shale industry shocked the world with its rebound after the 2014-2016 bust, setting records for output that pushed...
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Weekly Rig Count Update: March 27, 2020
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. Baker Hughes...
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Oklahomans with jobless claims skyrockets to record high
Journal Record – Oklahomans who filed 17,720 initial claims for unemployment benefits last week shattered a nearly 30-year-old record. The previous record...
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Oil falls as sinking demand outweighs stimulus hopes
Reuters – Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand...
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Solar CEO: Expand Investment Tax Credit To Include Domestic Oil And Gas
Forbes – As the domestic oil and gas industry moves into what will likely become one of the worst busts in modern...
