As oil prices recover and U.S. shale production picks up, energy companies that had planned to ship crude on the Dakota Access Pipeline will turn to rail, a transport method Continue Reading
Some great statistics in this article . The theme: despite the current glut in oil, much of that due to the shale revolution, demand is likely to put stress on Continue Reading
OPEC and non-OPEC oil producers have agreed to reduce their combined output by more than 1.7 million barrels per day for six months from January 2017. But the agreement contains Continue Reading
Offshore oil majors could shave nearly a third off their exploration and development costs by simply agreeing to industry-wide equipment standards, according to an industry association executive. Rather than having Continue Reading
Oil extended its advance as industry data showed U.S. crude stockpiles declined last week, trimming an inventory overhang. February futures rose as much as 0.9 percent in New York after Continue Reading
There’s less than two weeks left before the 2016 calendar gets tossed. So for the pundit community it’s time to publish the obligatory list of, “What to Watch For in Continue Reading
Hundreds of kayaktivists protest drilling in the Arctic and the Port of Seattle being used as a port for the Shell Oil drilling rig Polar Pioneer (Daniella Beccaria/seattlepi.com via Associated Continue Reading
In the history of the oil and natural gas industry in the United States, 2016 will be remembered as one of the most eventful in terms of major market developments, Continue Reading
Heading into the New Year with oil prices above US$50, both OPEC and the U.S. shale industry are claiming victory in the latest oil war battle—and both expect to benefit Continue Reading
If OPEC action drives crude oil averages to $55 per barrel and beyond, the oil and gas industry will be cash flow positive for the first time since the downturn Continue Reading
