Articles by: Oil & Gas 360

North Dakota Garners Top Employment Rankings

North Dakota Garners Top Employment Rankings

The oil boom has been good to North Dakota workers.

With almost 3 job openings for every unemployed worker, North Dakota has retained the lowest unemployment rate in the country, according to the Bureau of Labor Statistics September report.  …

October 27, 2014 - 6:25 pm Finance, Oil and Gas 360 Articles

Goldman slashes 2015 oil price forecast to $75 as glut grows

REUTERS – Goldman Sachs has slashed its 2015 oil price forecasts, making it the most bearish among major financial institutions, adding pressure on Monday to crude futures that have already tanked near 25 percent over the past five months.

The …

October 27, 2014 - 6:05 pm Energy News

ONEOK Partners Announces Acquisition of Natural Gas Liquids Assets in the Permian Basin of West Texas and Southeastern New Mexico

ONEOK Partners, L.P. (OKS) today announced it has agreed to acquire natural gas liquids (NGL) pipelines and related assets from affiliates of Chevron Corporation for approximately $800 million, subject to customary post-closing adjustments.

The transaction includes an 80 …

October 27, 2014 - 5:56 pm Energy News
LNG Update:  Going Both Ways

LNG Update: Going Both Ways

Another U.S. Liquefaction Plant Breaks Ground, Lithuania Says ‘Goodbye Gazprom’

Construction is Underway on Cameron LNG’s U.S. Liquefaction/Export Facility

Last week Cameron LNG broke ground on its $10 billion export plant in Hackberry, Louisiana. This sets the company off on …

October 27, 2014 - 4:29 pm Oil and Gas 360 Articles, Politics & Opinions

Williams, Williams Partners L.P. and Access Midstream Partners, L.P. Announce Merger Agreement

Williams (WMB), Williams Partners L.P. (WPZ), and Access Midstream Partners, L.P. (ACMP) today announced that Williams Partners and Access Midstream Partners have entered into a merger agreement. Williams owns controlling interests in the two …

October 27, 2014 - 1:15 pm Mergers & Acquisitions
Higher Heat Content of NatGas Points to Ethane Rejection: EIA

Higher Heat Content of NatGas Points to Ethane Rejection: EIA

The EIA has begun tracking heat content of end-use natural gas, providing state-to-state comparisons of natural gas consumption. Gas in states with heavy ethane rejection generates more British Thermal Units (Btus) per cubic foot than states whose gas content is …

October 24, 2014 - 7:01 pm Oil and Gas 360 Articles, Oilfield Services
Cabot Oil & Gas Affirms 2015 Growth despite “Challenging” Market

Cabot Oil & Gas Affirms 2015 Growth despite “Challenging” Market

A natural gas market with intense competition and possible oversupply will not deter Cabot Oil & Gas (ticker: COG) from increasing production volumes by 20% to 30% in 2015, the company said on Friday. Cabot, the second largest producer in …

October 24, 2014 - 6:58 pm Earnings, Oil and Gas 360 Articles