Story by Bloomberg
Royal Dutch Shell Plc won U.S. approval to resume oil exploration off Alaska’s Arctic coast after regulators imposed safety conditions meant to avoid the mishaps that plagued the company three years ago. Environmental groups decried the decision.…
Story by The Wall Street Journal
The Organization of the Petroleum Exporting Countries doesn’t see oil prices consistently trading at $100 barrel again in the next decade, a pessimistic assessment that has the group considering the return of production limits …
The Organization of Petroleum Exporting Countries continued to increase production in April, going nearly 1 MMBOPD over its 30 MMBOPD production ceiling. Total OPEC production reached 30.93 MMBOPD in the month of …
Integrated Environmental Technologies, Ltd. Increases Well Count To 174 Wells Treated With Excelyte®
…Penn Virginia Corporation Announces First Quarter 2015 Results and Provides Updates of 2015 Guidance and Operations
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How increased production and U.S. export laws might affect refiners has been a …
Geopolitics in commodity markets can be one of the hardest factors to predict when forecasting global market movements.
The most recent update to the PRIX Index, published April 30, showed an overall value of 56, meaning exports from the …
American Eagle Energy Begins Voluntary Chapter 11 Proceeding
…Story by Reuters
Energy companies operating in Alberta should aim to upgrade more of the oil they produce within the province, Alberta’s newly elected premier said in an television interview.
Alberta Premier Rachel Notley led the left-leaning New Democrats to
Story by Reuters
Brazil’s state-run oil company Petroleo Brasileiro SA plans to sue five construction and engineering firms and their senior executives to recover about 1.3 billion reais ($440 million) lost in a corruption scandal, the company said Friday.
Petrobras, …
Cameron (CAM) announced today a planned leadership change as part of its long-range succession planning process.
Magnum Hunter Resources Reports First Quarter 2015 Financial and Operating Results
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Sanchez Energy (ticker: SN) revised its 2015 volume guidance by 2 MBOEPD as a result of higher than expected production volumes and wells tracking above estimated ultimate recovery (EUR) rates, the company said in its Q1’15 earnings release. The Eagle …
Today, Utah has one of the lowest levels of unemployment in the United States, second only to North Dakota. The impressive levels of job growth the …
Total rig counts in the United States fell by just 11 rigs this week, or by just 1%, in one of the smallest week-to-week declines since the price of …
SandRidge Energy (SD) is Trading Lower on Unusual Volume for May 08
…Dawson Geophysical Update On Form 10-Q Filing Date, Quarterly Earnings Release And Investor Conference Call Schedule And Current Market Conditions
…Resolute Energy Corporation to Announce Results for the First Quarter Ended March 31, 2015 and Hold Investor Conference Call on Tuesday, May 12 at 4:30 pm EDT
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Last week Tesla Motors’ (ticker: TSLA) innovation-infused CEO Elon Musk unveiled the latest offering from the all-electric auto maker: a new home battery. This battery is an enlarged version of the …
Prime Minister David Cameron won reelection in Great Britain today, leading the Conservative Party to a majority in the Parliament. News that the Conservatives won 331 of the 650 seats was …
The Bureau of Labor Statistics showed unemployment down to 5.4% for the month of April, further decreasing the number of unemployed adults in the workforce. The labor markets …
In April of 2014, the IRS put a temporary pause on private letter rulings (PLRs) regarding what business qualified for tax-free inclusion in energy master limited …
Talisman Energy Inc. (TSX: TLM) (NYSE: TLM) announces that the acquisition of Talisman by Repsol S.A. by way of an arrangement under the Canada Business Corporations Act has been completed.
Under the arrangement, a wholly-owned subsidiary of Repsol has acquired …
Diamondback Energy, Inc. (FANG) (“Diamondback” or the “Company”) announced today the pricing of an underwritten public offering of 4,000,000 shares of its common stock. The 4,000,000 share offering represents a 1,000,000 share upsize to the originally proposed 3,000,000 …
Lonestar Resources, Ltd. (ASX:LNR, OTCQX:LNREF) (“Lonestar” or the “Company”) is pleased to announce that shareholders have resoundingly endorsed the Company’s planned consolidation of capital at the Company’s Annual General Meeting held on May 8, 2015, in Perth, Western Australia.
Over …
Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) is pleased to announce that it intends to commence a private offering to eligible purchasers, subject to market conditions, of US$250 million in aggregate principal amount of senior unsecured notes …
Lonestar Shareholders Endorse Consolidation of Capital
…Bellatrix announces proposed US$250 million offering of senior unsecured notes
…Sanchez Energy Announces Appointment Of Brian Carney To Its Board Of Directors
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Unit Corporation (ticker: UNT) is one of the more diversified companies in the oil and gas industry, with segments focused on upstream, midstream and drilling operations. Unit has been in business since 1953 and 2015 is shaping up to be …
