Energy RSS

Source: Houston Chronicle

Oil rallies on renewed trade deal prospects before OPEC+ meeting

Houston Chronicle


Oil gained as the U.S. and China were moving closer to a trade deal and before OPEC+ decides on its output-cut policy later this week.

Futures added as much as 1.8% in New York. The U.S. and China …

December 4, 2019 - 11:30 am
Ecopetrol Announces Resignation of Vice President for Strategy and Finance

Ecopetrol Announces Resignation of Vice President for Strategy and Finance

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that due to her appointment as the Republic of Colombia’s Minister of Mines and Energy, María Fernanda Suárez has resigned from Ecopetrol, effective August 6, 2018.

August 1, 2018 - 11:57 am
Door Opens for Energy Boom in Southern Illinois

Peabody Talks Confidence, But Closures of Texas Coal-Burning Power Plants are a Bad Sign

From the Casper Star-Tribune

The recent retirements of three large coal-burning plants in Texas are no more than an echo far north in the Powder River Basin of Wyoming. The coal sector has improved here since the downturn, and many …

October 20, 2017 - 12:53 pm

P2 Announces P2 BZAlmanac, a Regularly Updated Library of Oil and Gas Production Forecasts

Users can instantly access forecasts for individual wells or aggregate wells by reservoir, operator, producer, basin, state or county

SAN ANTONIO, Oct. 13, 2016 (GLOBE NEWSWIRE) — P2 Energy Solutions today announced the release of P2 BZAlmanac, a library of …

October 13, 2016 - 1:50 am

U.S. Strikes Reduce ISIS Oil and Gas Revenues to $250 Million

From Reuters:

U.S. Navy Rear Admiral Bret Batchelder said the fight against Islamic State is starting to bear fruit, with estimates showing the U.S. military and coalition partners in 64 countries have retaken about 45 percent of the land formerly …

June 7, 2016 - 2:32 pm
Scot Cohen - Petro River Oil

Petro River: This Oil Company Goes Old-School, Shuns Shale

From Fox News

In an era of shale, Petro River Oil (PTRC) is going old-school.

The shale revolution has been the driving force behind America’s resurgence as a leading oil producer. However, given the costly nature of shale projects, Petro …

June 2, 2016 - 1:06 pm

Announcing P2 Forecast: A Probabilistically-Based Production Forecast Solution for Upstream Oil and Gas Companies

HOUSTON, TX – (May 17, 2016) – P2 Energy Solutions today announced the release of P2 Forecast, a new analytics solution that generates unbiased, probabilistic oil and gas production forecasts automatically, freeing up engineers’ time to focus on other …

May 23, 2016 - 6:19 pm

Pacific NorthWest LNG & Progress Energy Canada Ltd welcome National Energy Board decision on North Montney Mainline Project

Michael Culbert, President & CEO of Progress Energy Canada Ltd and Pacific NorthWest LNG, today welcomed the announcement by the National Energy Board (NEB) recommending approval of the North Montney Mainline Project to the federal government and approving rolled in …

April 17, 2015 - 6:58 pm

Weatherford to Sell its Engineered Chemistry and Drilling Fluids Businesses for $825 Million in Cash and Earnout

Weatherford International plc (WFT) (the “Company”) has signed a definitive agreement with an affiliate of The Lubrizol Corporation (“Lubrizol”), a Berkshire Hathaway company, for the sale of the Company’s engineered chemistry and Integrity drilling fluids business. The businesses …

December 2, 2014 - 12:56 pm

Memorial Production Partners LP Announces Appointment of Chris Cooper as Senior Vice President and Chief Operating Officer

Memorial Production Partners LP (MEMP) announced today that Christopher S. (Chris) Cooper has been appointed as Senior Vice President and Chief Operating Officer of the general partner of MEMP. Mr. Cooper is assuming the role formerly held by …

November 17, 2014 - 5:58 pm

Saratoga Resources, Inc. Reports Third Quarter 2014 Financial Results

Saratoga Resources, Inc. (NYSE MKT:SARA; the “Company” or “Saratoga”) today announced financial and operating results for the quarter ended September 30, 2014.

Key Financial Results

  • Oil and gas revenues of $15.9 million for Q3 2014 compared to $15.1 million for
November 17, 2014 - 5:42 pm

Oil prices stage modest rebound

World oil prices rebounded slightly on Thursday after sharp losses the previous day sparked by surging crude stockpiles in the United States. US benchmark West Texas Intermediate for December delivery added 23 cents to $80.75 a barrel compared with Wednesday's …

October 23, 2014 - 7:29 am

Exclusive: California getting more Bakken crude by barge than rail

By Rory Carroll SAN FRANCISCO (Reuters) – Shipments of Bakken crude oil from North Dakota to California by barge have quietly overtaken those by train for the first time, showing how the state's isolated refiners are using any means necessary …

October 23, 2014 - 7:07 am

Oil will tumble to $70, says new 'bond king'

Jeffrey Gundlach believes Saudi Arabia loves 'turning the screws' on rival Iran.

October 23, 2014 - 7:02 am

Aqua Terra Water Management Announces Expansion into the Permian Basin

Aqua Terra Water Management, L.P. has announced the acquisition of two saltwater disposal facilities operated by Texas SWD Co, Inc and the acquisition of a permit for a salt water disposal facility from Coronado Minerals, LLC.

October 23, 2014 - 6:00 am

Basin, Eagle Ford shields Texas from price woes

With crude oil prices nosediving in recent months, unsettling fears of idled rigs and plummeting profits have begun creeping through companies and countries whose livelihoods are tied to oil productio

October 23, 2014 - 4:16 am

Oil will fall to $70, says new bond king

Star bond investor Jeffrey Gundlach believes oil will plunge to $70 because Saudi Arabia loves 'turning the screws' on rival Iran.

October 23, 2014 - 3:25 am

Neste Oil's Interim Report for January-September 2014

Neste Oil Corporation Interim Report 23 October 2014 at 9 a.m. (EET) Neste Oil`s Interim Report for January-September 2014 Strong market development in the third quarter. Full-year guidance revised. Third …

October 23, 2014 - 2:03 am

Governor announces $16.4 million for 106 projects

 Gov. Tom Corbett recently announced $16.4 million in funding to support 106 projects through seven Act 13 Marcellus Legacy Fund programs designed to support conservation projects and environmental protection measures throughout Pennsylvania. "We established these programs to ensure a portion …

October 22, 2014 - 6:34 pm

York County directs Marcellus Shale funds toward Delta parks, recreation

Residents of Delta in southern York County might soon get to enjoy public parks and other recreational development in their neighborhood.

October 22, 2014 - 5:15 pm

Oil prices fall again. Buckle up for gas prices below $3.

Crude oil prices just keep falling, and gas prices are following suit. Many analysts think the downward trend in oil prices will continue, driving the average price at the pump in the US below $3.00 a gallon.

October 22, 2014 - 5:06 pm

Why the Permian Basin is important to US oil

Currently, there are 1,590 oil rigs at work in the U.S. The Permian Basin has 558 of these rigs, more than any other region has.

October 22, 2014 - 5:00 pm

Oil resumes slide, falling $2 after second big U.S. stock build

Oil prices resumed their deep downward march on Wednesday, with U.S. After trading in a relatively narrower range for the past few days, Brent crude fell $1.68 at $84.56 a barrel at 2:37 EST (1824 GMT). The Energy Information Administration …

October 22, 2014 - 3:31 pm

Oil slips towards $86 after big jump in U.S. crude stocks

Global benchmark Brent reversed course after the U.S. Energy Information Administration said crude inventories rose by 7.11 million barrels, more than the 2.7 million-barrel increase analysts had expected. "The large crude oil build is the dominant feature of the report, …

October 22, 2014 - 2:20 pm

Mixed Oil Service Earnings Put These Energy ETFs in Focus

Oil service stocks have posted mixed results in recent days, and with the recent slide in oil it will be interesting to see how these companies perform now.

October 22, 2014 - 2:16 pm

Oil Producers Cluster Wells in Classic Push to Extend Boom

West Texas Intermediate oil fell $1.16 to $81.33 a barrel on the New York Mercantile Exchange at 1:37 p.m. An analysis of a group of wells on the same lease in La Salle County, in the heart of Texas's booming …

October 22, 2014 - 1:54 pm

Oil prices slide as US crude reserves surge

London (AFP) – World oil prices hit reverse Wednesday following news of surging stockpiles in top consumer the United States, with additional selling pressure from the stronger dollar.

October 22, 2014 - 1:53 pm

Breitling Energy’s CEO Addressing Prestigious Houston Condensate Convention

The Eagle Ford shale formation sprawls across more than 15 south Texas counties and with 269 working drilling rigs, it currently supports 155,000 jobs and contributed $87 Billion to the Texas economy in 2013, according to a comprehensive report released …

October 22, 2014 - 11:00 am

Bakken briefs

Oilfield waste facility opens

October 22, 2014 - 10:29 am

Matador Resources Company Announces Date of Third Quarter 2014 Earnings Release

Matador Resources Company , an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus …

October 22, 2014 - 7:00 am