White Star Petroleum, LLC announced today that it has acquired approximately 30,500 net acres in the Mid-Continent region in two transactions with...
Apache Corporation (NYSE: APA) continues to work through proving out its Alpine High oil discovery in west Texas’ Permian Basin that it...
All oil fields see their production levels deplete as they age. Shale wells infamously suffer from exponential decline, with their production rates...
Marathon Oil Corp.(NYSE: MRO) has agreed to sell off its Canadian oil sands business for $2.5 billion, and buy 70,000 net acres...
Oil Falls as Rigs Rise The oil market had remained stable the past few months, with prices moving little and hovering between $51 to...
It’s likely many of you are following activity in Oklahoma’s Sooner Trend Anadarko Basin Canadian and Kingfisher counties (STACK) play with keen...
Does anyone believe there could be another bubble forming in oil and gas assets, specifically minerals and non-op interests? Seems there is...
The game seems to be awash with money. Untold millions have been deployed to buy minerals and leases from Carter to Dewey....
Weekly count of U.S. oil rigs topped 600 for the first time since October 2015 The latest sign of recovery in the...
More than 10,000 people attended the NAPE Summit at the George R. Brown Convention Center this week. When the exhibit floor opened...
U.S. stocks closed higher Friday, with the S&P 500 and technology-heavy Nasdaq Composite each posting its biggest weekly jump since November ahead of the Federal Reserve’s policy meeting.
The Dow Jones Industrial Average rose 297.01 points Friday, or 0.7%, to close at 41,393.78.
The S&P 500 climbed 30.26 points, or 0.5%, to finish at 5,626.02.
The Nasdaq advanced 114.30, or 0.7%, to end at 17,683.98.
For the week, the Dow gained 2.6%, the S&P 500 rallied 4%, and the Nasdaq jumped 6%. According to Dow Jones Market Data, the S&P 500 and Nasdaq each saw their largest weekly percentage gain since the stretch ending Nov. 3.
Investors are looking ahead to the Fed’s two-day policy meeting next week, which will conclude Wednesday with its highly anticipated decision on where to set interest rates. At last check, according to the CME FedWatch Tool, after the closing bell on Friday, traders were pricing in a 55% chance the Fed will lower its policy rate by a quarter percentage point and a 45% probability of a larger, half-point rate cut.
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
Helium is the second most abundant element in the universe after hydrogen. It is a...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC),...
Chris Matthews from Hart Energy, who covers the North American upstream shale energy industry...
A growing number of U.S. and Canadian regional banks are rapidly increasing their presence...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
Story By Charles Kennedy for Oilprice.com| Refining margins across Asia fell this week to...
Irina Slav for Oilprice.com | Oil stocks went back in vogue two years ago...
Artificial intelligence (AI) is increasingly influencing electricity consumption in the U.S., mainly due to...
The Matterhorn natural gas pipeline, currently the largest under construction in Texas, has begun...
Have your oil & gas questions answered by industry experts.