Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
Source: API

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360 Profiles

Featured 360 Articles

  • U.S. Rig Count Down Two

    U.S. Rig Count Down Two

    June 21, 2019

    By Tyler Losier, Energy Reporter, Oil & Gas 360 Canadian numbers up 12 This week’s Baker Hughes rig count shows that U.S. numbers fell by two, bringing the total down to 967. Compared to this time last year, the decline is even steeper, with yearly numbers down 85 compared to June of 2018. Canada, on the other hand, is up[Read More…]

  • Source: Roan Resources

    Oil Capital: Roan Resources Receives Commitments for $100 Million Term Loan

    June 21, 2019

    By Tyler Losier, Energy Reporter, Oil & Gas 360 Roan reaffirms $750 Million borrowing base Roan Resources (stock ticker: ROAN) received commitments for a $100 million term loan facility this week, securing funds affiliated with certain shareholders represented on its board of directors. Interest rates for the loan are expected to be equal to three-month LIBOR plus 7.5%. In exchange[Read More…]

  • Source: Meridian Energy

    New President Joins Meridian Energy

    June 20, 2019

    By Tyler Losier, Energy Reporter, Oil & Gas 360 Paul Coppola to serve as president and chief investment strategy officer Meridian Energy Group, Inc., a company specializing in the development of environmentally-conscious crude oil refineries, has added a new member to its senior management team in Houston. Paul Coppola, who served on Meridian’s board of directors and a senior financial[Read More…]

  • Crude Up Over 5% After Trump’s Latest Iran Tweets

    Crude Up Over 5% After Trump’s Latest Iran Tweets

    June 20, 2019

    By Tyler Losier, Energy Reporter, Oil & Gas 360 Downed drone leads to comments from White House As of mid-afternoon Thursday, WTI crude oil prices are trading at almost $57 after President Trump tweeted that Iran made a “very big mistake” by shooting down a U.S. spy drone over the Strait of Hormuz. According to CNBC, U.S. officials are reporting[Read More…]

  • Source: Meritage Midstream

    Midstream Company Snags Upstream CFO, Names New COO

    June 20, 2019

    By Tyler Losier, Energy Reporter, Oil & Gas 360 Denver-based company taps new COO, CFO Meritage Midstream Services, a private energy infrastructure company backed by equity from Riverstone Holdings LLC, has appointed two new executives to the company’s leadership team. Matthew DeNezza, former chief financial officer at Eclipse Resources Corporation, will take over as Meritage’s new CFO. T. Jeffrey Layne,[Read More…]


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E&P

Source: Roan Resources

Oil Capital: Roan Resources Receives Commitments for $100 Million Term Loan

June 21, 2019 — Comments are Disabled

By Tyler Losier, Energy Reporter, Oil & Gas 360 Roan reaffirms $750 Million borrowing base Roan Resources (stock ticker: ROAN) received commitments for a $100 million term loan facility this week, securing funds affiliated with certain shareholders represented on its board of directors. Interest rates for the loan are expected to be equal to three-month LIBOR plus 7.5%. In exchange[Read More…]

Canada

Canadian Crude Gulf Coast Exports Rise as Venezuelan Gap is Filled: Reuters

Canadian Crude Gulf Coast Exports Rise as Venezuelan Gap is Filled: Reuters

June 20, 2019 — Comments are Disabled

From Reuters HOUSTON (Reuters) – Heavy crudes have poured into the United States this spring, offsetting the loss of Venezuelan oil and producing a mini-surplus, with Canadian heavy crude this month being exported from the U.S. Gulf Coast. U.S. refiners have lined up larger supplies from Canada, Iraq and Colombia since Washington in January began choking off the flow of[Read More…]

Master Limited Partnership (MLP)

Reliance Gathering to Explore a $500 Million Sale

Reliance Gathering to Explore a $500 Million Sale

May 17, 2019 — Comments are Disabled

From Bloomberg Reliance Gathering LLC, which transports crude oil in the Permian Basin, is exploring a sale, according to people familiar with the matter. Reliance is working with an adviser to run an auction that could value it at about $500 million, said one of the people, who asked not be identified because the matter is private. The company, based[Read More…]