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Source: theiet.org

Iran Supports a Production Freeze, But Will Not Join

Members may offer Iran special terms

The world’s two largest crude oil producers, Russia and Saudi Arabia, announced that they would freeze their production at January levels along with several other OPEC members in an attempt to stabilize crude oil …

Oil Price Recovery Would Take 18 Months if it Started Today – Continental Resources VP

Oil Price Recovery Would Take 18 Months if it Started Today – Continental Resources VP

An Oil & Gas 360® exclusive interview with Kirk Kinnear, vice president of crude logistics and hedging at Continental Resources

Market volatility has crude oil prices making huge swings, both up and down, with markets reacting to even just a …

Halliburton + Baker Hughes Merger Hits Skids

Halliburton + Baker Hughes Merger Hits Skids

United States, Australia U.S. Department of Justice Still Not Satisfied with Terms

Industry enthusiasts waiting for approval of the impending merger between Halliburton (ticker: HAL) and Baker Hughes (ticker: BHI) will have to wait a little longer.

For the third …

Source: Sweetcrudereport.com

EIA Lowers Short-Term Price Outlook, IEA Predicts $80 Oil in 2020

Short-term prices likely to remain low

Both the Energy Information Administration (EIA) and International Energy Agency (IEA) released their most recent pricing outlooks for the energy markets today, giving a glimpse into what two of the most widely followed energy …

$50 Oil: Are We Back at “Normal”?

$50 Oil: Are We Back at “Normal”?

Oil prices coming in line with their historic levels during the past 41 years

ECI Oil Price Adjusted for Inflation Final

As companies, analysts and others look at oil prices stabilizing in the $45-$50 range for U.S. crude oil benchmark WTI as a post-Thanksgiving 2014 “new normal,” …

Maintaining Oil Industry Workforce a Priority: E&Ps

Maintaining Oil Industry Workforce a Priority: E&Ps

Occidental, Canadian Natural Resources Working to Preserve Employment

The rash of layoffs seem to make weekly headlines in the oil industry, but companies are employing measures in an attempt to keep the dreaded “L” word away from their doors.

The …

Will Russia Survive the Oil & Gas Downturn?

Will Russia Survive the Oil & Gas Downturn?

Russia Experts Discuss How Today’s Commodities Prices and Shifting Market Dynamics are affecting the Russian Oil & Gas Industry in this Exclusive Oil & Gas 360® Analysis

Around the world, in places where oil and gas is a dominant resource, …

Lonestar Resources Projecting Volume Records from Eagle Ford Shale

Lonestar Resources Projecting Volume Records from Eagle Ford Shale

CEO Bracken: “The Time has Come” for Acquisition Opportunities

Lonestar Resources (ticker: LNREF), a Fort Worth-based exploration and production company with operations focused on the Bakken and Eagle Ford shales, expects to set company production records in Q3’15 based on …

Russia Turning to China for Long-Term Funding

Russia Turning to China for Long-Term Funding

Chinese Fund Buys 9.9% Stake in $27 Billion Russian LNG Project

Since the implementation of U.S. sanctions against Russia for its actions in Crimea, one of the major challenges facing the Russian oil and gas industry is gaining access to

September 29, 2015 - 2:44 pm International, LNG, Midstream, Oil and Gas 360 Articles, Popular
Oil will Settle at $60, Eventually

Oil will Settle at $60, Eventually

Economic indicators positive, sideways and negative

Yellen says she expects FED will raise rates in 2015 if employment grows

Bill Gross criticizes the FED’s zero policy


U.S. Bank Chief Investment Officer John De Clue, in a presentation to Denver area …

September 24, 2015 - 2:10 pm Commodity Pricing, Oil and Gas 360 Articles, Popular
Is Oil Set to Surge?

Is Oil Set to Surge?

OPEC lowers expectations for non-member output

OPEC once again revised down its expectations for non-OPEC member production growth in its September Oil Market Report, lowering expected output for both 2015 and 2016. The organization projects that for this year, …

Two Oil Service Companies are About to Add Facilities, Equipment and Personnel

Two Oil Service Companies are About to Add Facilities, Equipment and Personnel

Shortage of Frac Crews, Equipment Drives Favorable Pricing in Argentina

“Eighty percent of the shale in the world has been identified as being outside of North America,” EcoStim Energy Solutions (ticker: ESES) CEO Chris Boswell told Oil & Gas 360® …

Bonanza Creek Energy – Day Three Breakout Notes

Bonanza Creek Energy – Day Three Breakout Notes

Richard Carty, President and Chief Executive Officer of Bonanza Creek Energy, Inc. (NYSE: BCEI), presented today at EnerComs’ The Oil & Gas Conference® 20.

Bonanza Creek Energy, Inc. is an independent oil and natural gas company engaged in the acquisition, …

August 19, 2015 - 5:44 pm Oil and Gas 360 Articles, Popular
Oil Prices: The Argument for a V-Shaped Recovery

Oil Prices: The Argument for a V-Shaped Recovery

  • Are we in the Middle of a V-Shaped Recovery that’s N-Shaped?

  • “Prices are too low for everybody”: Saudi Oil Chairman

Oil prices have been beaten down enough.

“Notorious” is an accurate descriptor of the oil and gas industry. When business …

Greenpeace International Founder Says Environmental Movement has Left the Rails: an exclusive Oil & Gas 360® interview – Part One

Greenpeace International Founder Says Environmental Movement has Left the Rails: an exclusive Oil & Gas 360® interview – Part One

Former self-described “radical environmental activist” Dr. Patrick Moore tells Oil & Gas 360® why he left Greenpeace: 

  • Teaching kids that humans are bad and that we are the enemies of the earth is an extremely self-defeating and scientifically incorrect

Enhanced Oil Recovery Can Reduce World’s Carbon Emissions:  Western Governors

Enhanced Oil Recovery Can Reduce World’s Carbon Emissions: Western Governors

For every 2.5 barrels of oil produced, it is estimated that a typical commercial enhanced oil recovery (EOR) project can safely prevent one metric ton of CO2 from entering the atmosphere

As of 2014, approximately 13.6 million metric tons of

TransCanada, First Nations Sign Agreements for $4.8 Billion Pipeline that will Transport 2-3 Bcf/day of NatGas to LNG Canada

TransCanada, First Nations Sign Agreements for $4.8 Billion Pipeline that will Transport 2-3 Bcf/day of NatGas to LNG Canada

An estimated 32% of the $4.8 billion capital project will be spent locally in B.C. on the Coastal GasLink pipeline, with over 2,000 jobs expected to be created during construction and approximately $20 million in annual property tax payments.

TransCanada …

June 29, 2015 - 12:19 pm Canada, LNG, Midstream, Oil and Gas 360 Articles, Popular
Source: Rosneft Komsomolsk Refinery

Over $1 Billion in Deals coming out of Forum in Russia

Attendance at this year’s St. Petersburg International Economic Forum (SPIEF) is up from a year ago when many Western companies decided to decline invitations in the wake of Russia’s involvement in Ukraine. This year, many American companies have decided to …

June 19, 2015 - 4:59 pm International, Midstream, Oil and Gas 360 Articles, Popular
Source: Energybc.ca

CAPP Annual Forecast: Canadian Production to Grow by 43% by 2030

Oil sands remain the primary driver of Canadian production

The Canadian Association of Petroleum Producers (CAPP) released its annual Crude Oil Forecast, Markets and Transportation report for 2015, projecting Canadian crude oil production to grow 43% to 5.3 MMBOPD …

June 12, 2015 - 4:39 pm Canada, Oil and Gas 360 Articles, Oil Sands, Popular
Oil Price Witches’ Brew

Oil Price Witches’ Brew

May’s uncanny price stability, Iraq production growth, OPEC’s unknowns and shale’s “Fracklog” all competing for visibility in global petroleum’s crystal ball

West Texas Intermediate (WTI) oil prices have ranged from $57.26 to $60.93 for the entire month of May, offering …

May 27, 2015 - 3:32 pm Commodity Pricing, Oil and Gas 360 Articles, Popular
At What Point Will Renewable Energy be Able to Replace Fossil Fuels?

At What Point Will Renewable Energy be Able to Replace Fossil Fuels?

Renewable Energy vs. Fossil Fuels:  Sprint or Cross Country?

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 …

May 8, 2015 - 3:29 pm Oil and Gas 360 Articles, Popular, Regulatory
Crude Prices Trending Back Up, but for How Long?

Crude Prices Trending Back Up, but for How Long?

After 17 straight weeks of builds, Cushing sees a draw on crude inventories

Global oversupply has prompted companies to sell production volumes on the future strip prices, pushing their production into storage hubs like Cushing, Oklahoma. Since the beginning of …

May 6, 2015 - 3:11 pm Commodity Pricing, Oil and Gas 360 Articles, Popular
2015: Coal v. Natural Gas

2015: Coal v. Natural Gas

Could a drop in natural gas prices spur additional market share growth?

As we swing into spring earnings season, Q1 earnings are coming fast, along with questions surrounding the state of natural gas and oil prices.

In a non-oil and …

April 23, 2015 - 5:27 pm Commodity Pricing, Oil and Gas 360 Articles, Popular
Oil Prices Reach 2015 High

Oil Prices Reach 2015 High

Data showing slowed U.S. production and slightly higher demand sees oil prices climb

Prices for West Texas Intermediate (WTI) and Brent crude were both up on news that U.S. oil production is continuing to slow. Light, sweet crude for May …

April 15, 2015 - 6:46 pm Oil and Gas 360 Articles, Popular
Halliburton, Baker Hughes Looking to Sell up to $10 Billion in Assets

Halliburton, Baker Hughes Looking to Sell up to $10 Billion in Assets

Asset sales would satisfy antitrust laws

Next month Halliburton (ticker: HAL) and Baker Hughes (ticker: BHI) plan to seek out buyers for as much as $10 billion in assets in order to avoid antitrust concerns and complete their merger,