Martin Midstream Partners (ticker: MMLP) announced yesterday that it entered into an agreement to sell six liquefied natural gas barges for a total price of $41.25 million. MMLP has decided to exit the natural gas liquids floating storage and trans-loading …
Saudi Aramco announced its prices for March, dropping prices to the Asian markets to their lowest in over a decade in …
CORRECTION – Elsevier Wins 10 PROSE Awards Including Best eProduct Application: Virtual Microscope
…Bellatrix to present at the upcoming 2015 NBF Energy Conference and announces updated commodity risk management contracts
…Emerald Oil, Inc. Announces Pricing of Public Offering of Common Stock
…Elsevier Wins 10 PROSE Awards Including Best eProduct Application: Virtual Microscope
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Core Laboratories (ticker: CLB) closed the book on 2014 as its most profitable year in company history in its Q4’14 earnings release on January 28, 2015. Revenue for fiscal 2014 was $1,085 million, up …
Callon Petroleum (ticker: CPE) became a pure-play Permian Basin E&P no more than one year ago, but its efficiency in the United States’ greatest oil producing play is apparent. In a news …
Story by Reuters
Halliburton, Statoil ASA, Hess Corp and other North Dakota energy companies have decided, for now, not to lay off staff in the No. 2 U.S. oil producing state, hoping to be prepared for any prolonged rebound in …
– THIRD QUARTER GAAP NET LOSS OF $1.0 MILLION ($0.03 LOSS PER DILUTED SHARE) AND NINE MONTH GAAP NET INCOME OF $69.2 MILLION ($1.94 PER DILUTED SHARE)
– THIRD QUARTER AND NINE MONTH ADJUSTED NET INCOME OF $24.7 MILLION ($0.70 …
DENVER, CO — (Marketwired) — 02/05/15 — Emerald Oil, Inc. (NYSE MKT: EOX) (“Emerald” or the “Company”) announced today the launch of an underwritten public offering of $25,000,000 of the Company’s common stock, subject to market conditions. The Company has …
Emerald Oil, Inc. Launches Public Offering of Common Stock
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NATURAL GAS INVENTORY (Week Ended 1/30/15)
Current: 2,428 Bcf
Actual Injection/(Withdrawal): (115) Bcf
Economist Average Estimate: (120) Bcf
Previous: 2,543 Bcf
Standard & Poor’s rating agency today downgraded Russia’s state-owned oil and gas giant Gazprom (ticker: OGZPY) and a number of other …
Callon Petroleum Company Reports 121% Increase in Estimated Total Proved Reserves and Announces 2015 Operational Plan
…SandRidge Energy, Inc. Appoints Industry Veteran, J. Mike Stice to Board of Directors; Announces Resignation of Roy T. Oliver, Jr.
…Elsevier Now Adding eBooks to CLOCKSS Archiving
…Noble Corporation plc (NE) today reported a fourth quarter 2014 loss from continuing operations of $595 million, or $2.38 per diluted share. Results for the quarter included an after-tax charge of $713 million, or $2.86 per diluted share, …
Story by Reuters
The chief executive and other senior management at Brazil’s Petrobras resigned on Wednesday amid a festering corruption scandal, setting off a scramble to find replacements capable of restoring investor confidence in the state-run oil company.
The company’s …
President Obama released his proposed federal budget, asking Congress to eliminate billions of dollars in tax breaks to the oil and gas industry in order to fund a …
CRUDE OIL INVENTORY/’000 bbls (Week Ended 1/30/15)
Current: 413,060
Actual Build/(Withdrawal): 6,333
Economist Average Estimate: 3,940
Previous: 406,727
Click here for the chart with five year averages.
Click here for an archive of EnerCom’s Inventory Reports.
ANALYST COMMENTARY
KLR …
A consortium that includes a 50:50 joint venture between Bharat Petroleum (ticker: PBCL) and Videocon Industries (ticker: VIDEOIND), and Brazilian oil major …
Quebec oil and gas company Junex (ticker: JNX) announced earlier this week that it plans to restart production of its Galt No. 4 horizontal …
Last September, Gov. John Hickenlooper created an oil …
Negotiations resumed today between Royal Dutch Shell and union leaders as they work to solidify a new contract for workers at 72 oil refineries around the United States. Starting Sunday, the United …
A Federal Reserve Board survey of senior loan officers on bank lending practices found that, over the last three months, credit standards for approving applications for commercial and industrial (C&I) loans or credit lines have eased in many cases. Of …
Emerald Oil Provides 2014 Fourth Quarter Average and Exit Rate Production, 2014 Proved Reserves, and Operations Update
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Oil traders experienced a moral victory today, witnessing West Texas Intermediate (WTI) close at $52.13 – the highest since January 5, 2015. The spot price has rebounded 17% in less than a week, dating back to the closing of $44.45 …
Peru Reserves to be Adjusted Downward Following Negative Well Results After Year-end; Oil Reserves in Colombia and Brazil Increase After Producing 9.1 MMbbl (Working Interest) Oil in 2014
Gran Tierra Energy Inc. (“Gran Tierra Energy“) ()GTE; …
