This week’s Baker Hughes rig count shows that U.S. had an increase of 1 over last week, resulting in a total count of 791 rigs. Canada had a decrease of 11 over last week, resulting in a total Canadian count …
DALLAS, Feb. 21, 2020 /PRNewswire/ — ERF Wireless, Inc. (OTC PINK: ERFB), today announced that the board of directors have voted to form a new wholly owned private Texas subsidiary corporation named Zona Resources, Inc. The purpose of this …
Opponents of the liquefied natural gas industry have sued a federal agency that issued permits for a controversial LNG export terminal at the Port of Brownsville and a related pipeline.
In a petition filed before the U.S. Court …
LONDON – Oil prices fell on Friday as a rise in new cases of coronavirus and weak Asian data fuelled uncertainty about the economic outlook while leading crude producers appeared to be in no rush to curb output.
Brent …
Oil & Gas Publishers Note: WTHI-TV10 provides a good report on the coal industry, and some good advice is offered in the report: “We need more diversity on our system that our customers would be hurt if we have …
Offshore drilling contractor Noble Corporation has managed to keep its net loss flat in the last quarter of 2019 while its revenues increased during the period. Noble Corp. CEO is getting ready to transition to the role …
HOUSTON, Feb. 20, 2020 /PRNewswire/ — Cabot Oil & Gas Corporation (NYSE: COG) (“Cabot” or the “Company”) today reported financial and operating results for the fourth quarter and full-year 2019. “Our 2019 results highlight the strength of …
Oil prices rose on Thursday after the U.S. government reported a much smaller-than-anticipated rise in crude stocks, but gains were capped by worries about the spread of Coronavirus outside China.
Data from the U.S. Energy Information Administration (EIA) showed …
MOSCOW – Russian Energy Minister Alexander Novak said on Thursday there was a common understanding among global oil producers that it would now no longer make sense for OPEC and non-OPEC producers to meet before their planned gathering in …
Houston oilfield service company Halliburton plans to pay down its long-term debt by issuing $1 billion in lower-interest notes.
Halliburton on Wednesday said it plans to issue a type of debt known as senior notes. Due in March …
BLUFFTON — Congressman Bob Latta said Tuesday while touring an AEP storage system in Bluffton that energy storage technologies have the potential to increase the viability of renewable energy sources.
“It’s about looking at nuclear energy, clean coal …
The EIA has released its natural gas inventory report, showing a net decrease of 151 Bcf as of February 14, 2020.
Working gas in storage was 2,343 Bcf as of Friday, February …
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 400 thousand barrels from the previous week. At 442.9 million barrels, U.S. crude oil inventories …
Although growth of energy consumption in the United States is closely tied to growth in GDP and other economic assumptions, it is partially offset by improvements in energy efficiency and other changes in the economy that result in lower …
Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, “Lonestar,” “our” or the “Company”) announced that its proved reserves increased to a record 100.6 million barrels of oil equivalent (“MMBOE”) at December 31, 2019 calculated using SEC guidelines. All …
Oil & Gas Publishers Note: Last nights Democratic debate was the best entertainment, while being horrifying, evening my wife and I have had in a long time. The Deccan Herald posted a good article of Michael Bloomberg’s comments on …
ArcLight Capital Partners and Rattler Midstream, a subsidiary of Diamondback Energy, announced today that Amarillo Midstream, an ArcLight Fund V portfolio company, and an affiliate of Rattler have entered into a 50/50 joint venture to own, operate and expand a …
Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today reported financial and operating results for the quarter and year ended December 31, 2019. Pioneer reported fourth quarter net income attributable to common stockholders of $344 million, or $2.06 per …
Transformational Growth Investment Will Reinforce Warrior’s Position as the Premier U.S. Pure-Play Met Coal Producer –Planned Capacity of 4.3 Mstpa of Premium High Vol A Met Coal with First Quartile Cost Position –Oil&Gas360 Publishers note: This is an …
Warrior Met Coal Reports Fourth Quarter and Full-Year 2019 Results- Warrior reported fourth quarter 2019 net income of $20.8 million, or $0.41 per diluted share, compared to net income of $374.2 million, or $7.11 per diluted share, in the fourth …
DENVER, Feb. 19, 2020 /PRNewswire/ —
The EnerCom Dallas Energy Conference featured an outstanding panel on ESG (Environmental, Social and Governance) featuring Matthew Todd, Director of The Environmental Partnership; Chris Hughen, Associate Professor of Finance at the University of Denver; and Ken …
Houston pipeline operator Kinder Morgan plans to build the company’s third pipeline to move natural gas from the Permian Basin of West Texas to the Gulf Coast but the project may have to wait until more customers sign …
LONDON – The list of parties at London’s International Petroleum Week, one of the world’s biggest oil industry gatherings, continues to shrink as hosts such as ExxonMobil and Azerbaijan’s SOCAR cancel events due to the coronavirus outbreak, trading sources …
The Abu Dhabi Government is turning to the private sector for the next phase of its multi-year, 50 billion dirham ($13.6 billion) economic stimulus plan known as Ghadan 21.
The stimulus package is aimed at future-proofing and diversifying the …
U.S. sanctions on Rosneft Trading SA threaten Venezuela’s ability to export oil, but pose only a limited threat to the Russian energy giant’s wider business.
The Geneva-based trading arm of Rosneft PJSC, was targeted by the U.S. for …
In a report released this aftenoon, Railroad Commissioner Ryan Sitton is expected rank oil companies based on the amount of flaring they do.
The 13-page report is expected to show how the industry practice of flaring, or burning …
LONDON – Benchmark Brent oil prices rose for a seventh consecutive day after demand worries eased with a slowing of new coronavirus cases in China and supply was curtailed by a U.S. move to cut more Venezuelan crude from …
