Will The U.S. Shale Slowdown Save OPEC?
Russia and its OPEC partners in the production cut deal will take into account the slowing U.S. shale production growth at their December meeting to discuss the agreement, Russia’s Deputy Continue Reading
A Death Sentence For Small Oil & Gas Drillers
Some of the largest banks financing U.S. oil and gas drillers have recently reduced their expectations for oil and natural gas prices, determining the value of companies’ reserves and loans Continue Reading
Analysis: US crude inventories likely higher last week as refinery runs remain low | S&P Global Platts
US crude inventories likely climbed last week as many refiners remained in maintenance and imports climbed. Analysts polled by S&P Global Platts were looking for crude stocks to have climbed 2.5 Continue Reading
U.S. Shale Braces For Brutal Earnings Season
A lot of big names will report third quarter earnings this week, and the results are expected to be worse than the same period in 2018. The timing comes as Continue Reading
Texas Hit Hard By Shale Slowdown
Texas’ economy is perhaps the most vulnerable to oil price swings given its leading role in the country’s oil industry. Recently, as prices have remained low, talk has begun about Continue Reading
US drilling on federal and Indian lands surges in 2019
Applications for permits to drill on federal and Indian lands have increased by more than 300% over the past two years with New Mexico and Wyoming receiving most of the Continue Reading
World ‘Awash’ in Oil as U.S. Sees Its Shale Boom Barreling Ahead
Global markets are “awash” in crude thanks to the surge in U.S. oil output, and the boom looks set to continue, U.S. Energy Secretary Rick Perry said in a Bloomberg Continue Reading
Five Energy Innovations To Transform The World
The term “disruptor” has become an overused phrase that has cheapened the perceived impact that new tech, new processes, new ideas, and new generations have on the world. But there Continue Reading
The Biggest Oil & Gas Discoveries Of 2019
The world is still making huge oil discoveries. There’s just nothing conventional about them. Conventional oil and gas discoveries have fallen by the wayside since the shale boom and the Continue Reading
Investors brace for poor U.S. shale earnings amid weak oil and gas prices
Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed on third-quarter operations. Major shale Continue Reading