Texas at the epicenter. We’re witnessing the destruction of money that loosey-goosey monetary policies encouraged. Following the sharp re-drop in oil and natural gas prices in late 2018, bankruptcy filings Continue Reading
After a brutal week for oil prices courtesy of an outbreak of a deadly virus in China, Baker Hughes reported that the number of oil and gas rigs in the Continue Reading
Producers in the New Mexico portion of the Permian Basin have shown resiliency amid depressed commodity prices and falling rig counts. Production out of the Permian’s Delaware sub-basin in New Continue Reading
Rising productivity from new wells has driven U.S. shale production higher in recent years and higher in 2019, too, the Energy Information Administration (EIA) said on Friday. Last year, shale Continue Reading
Highlights Companies halt plans to fire workers Unions, producers to sit down for further talks Agreement comes as government seeks to improve investment conditions Buenos Aires — An oil union Continue Reading
Despite the fact that United States President Donald Trump declared a truce between the U.S. and China in their more-than-a-year-long trade war in Switzerland this week, we shouldn’t expect to Continue Reading
More than 200 oil and gas companies in North America have filed for bankruptcy since 2015, and the list of casualties could continue to climb this year. From 2015 through Continue Reading
The heart of the U.S. oil industry, Houston, should be ready to position itself as a leader in the energy transition as climate change concerns will change the industry over Continue Reading
Getty Images An oil pump is viewed in Big Springs, Texas. Getty Images Oil prices already gave back much of December’s gains, following rising global supplies and easing tensions in Continue Reading
In a first ever, Permian forward gas prices settled in negative territory this week as the 2020 market outlook for pipeline capacity exiting the West Texas basin continues to deteriorate. Continue Reading
