News
Crude Inventory Draw Unable to Boost Oil Prices
API reported a crude oil inventory draw of 3.4 million barrels for the week ending August 1, 2019.
Texas Oil, Gas in Mild State of Contraction
Texas' upstream oil and gas economy is in a mild state of contraction, according to oil economist Karr Ingham.
Oil, Gas Employment Moves from Shale to Offshore
Anticipated demand for offshore services brings with it an increased demand for workers as oil and gas employment shifts from shale to offshore.
Oil Drops Below $65 on Fed Outlook, Ample Supply
Oil dropped below $65 a barrel on Thursday, declining for the first time in six days.
World's Largest Recent Offshore Discovery Progresses Amid Political Tensions, Disputess
The most prolific offshore oil discovery in recent years is discovered off the coast of the tiny South American nation of Guyana.
A New U.S. Oil Production Peak Looks Imminent
One of the most important questions in the global oil markets revolves around U.S. oil production.
Why Cabot Oil & Gas is Slumping Today
Shares of Cabot Oil & Gas have decline more than 10% on Friday, July 26th.
Senegal to Launch Next Oil & Gas Licensing Round in October at Africa Oil & Power 2019
President of the Republic of Senegal meets with Africa oil & Power CEO to discuss Senegal's next phase of investment.
Facing a Green New Deal Backer, Lipinski Gets a Boost From Oil and Gas PACs
Fossil fuel company PACs flocked to centrist Democrat Rep. Dan Lipinski after his progressive primary challenger entered the race.