Oil

Eagle Ford Rising

In this article I decided to look at some oil production and activity trends in the Eagle Ford, a major oil and gas producing region onshore in the …

Petroleum

3 Beaten-Up Big Oil Stocks: Are They Bargains?

The energy industry has been hit hard by low oil prices. Does the outlook for these three big oil stocks signal a time to buy?<p>Legendary investor …

Investing

Halliburton gains from rising oil well completions in North America

Halliburton Co said on Monday that oil producers are completing nearly as many wells as they are drilling, a major reversal from when companies left wells unfinished in anticipation of higher oil prices.<p>Increased demand for Halliburton's pressure pumping and well-construction services helped the …

Oil Drilling

Gas Prices Could Drop by 50% Just In Time for Summer Road Trips

Gas prices just reached a new high for 2017. AAA reported that prices at the pump have inched up every day over the course of three weeks, reaching …

OPEC

Kinder Morgan: It's The Permian, The Permian, And The Permian

The Trans Mountain Pipeline (TMP) expansion project is just one project valued at about $7 billion.<p>Canada, even after the TMP project will still be a …

Petroleum

Chevron Stock History: The Making of an Energy Giant

Energy drives the U.S. economy, and <b>Chevron</b> (NYSE: CVX) is in the topmost tier of oil and gas companies across the globe because of its exposure to the oil and gas industry. With upstream exploration and production activities, midstream transportation and storage facilities, and downstream marketing …

Petroleum

Oil slips on OPEC cut extension doubts, Russia output worries

NEW YORK (Reuters) - Oil prices slipped about 1 percent on Monday, extending last week's decline, on lack of confirmation that OPEC will extend …

OPEC

Oil Slides on Signs of Oversupply

Oil prices retreated Monday, as growing U.S. production and other signs of global oversupply keep thwarting a widely-expected rally.<p>Monday's downturn from overnight gains is the latest sign oil may continue to fall instead of rising toward $60 a barrel as many predicted, brokers and analysts said. …

OPEC

How to Invest in Gold the Right Way

Figure out the best way you can profit from the yellow metal.<p>Gold has been a store of value for thousands of years, but the idea of gold as an …

gold

Precision Drilling reports higher rig demand, but lower pricing

One of Canada’s largest oil and gas drilling companies is seeing renewed demand for its services but at lower prices.<p>Calgary-based Precision Drilling says it activated 17 rigs in its U.S. fleet, bringing the total to 56.<p>Precision Drilling also had 91 active rigs in Canada at the end of the quarter, …

Oil Drilling

A Tough New Competitor Exxon Mobil Should Be Concerned About: Schlumberger

International oil shales can become global oil's new “gold rush” in the next decade.<p>Oil Majors, such as Exxon Mobil, may face a double pressure from …

Petroleum

Coal production on the rise in Wyoming

State figures show coal production in Wyoming has increased by nearly 15 million tons in the first quarter of the year, compared to the same period …

Petroleum

French vote results fuel market relief rally

Financial markets exhaled Monday and investors around the world piled back into stocks while paring back bets on haven assets like gold after fears of a political shock in the first round of France's presidential election didn't materialize, calming fears over the fate of the single-market eurozone.<p>…

Europe

Space May Be Next Frontier for Earth's Crude Oil Giants: Analyst - Bloomberg

The Middle East has an outsize impact on energy here on Earth. One analyst thinks some regional powerhouses may leverage that role into the …

Space

Reliance lifts Jio investment above $30 billion after record year

MUMBAI (Reuters) - Reliance Industries plans to spend a further $2.8 billion on its Jio telecoms business in the current quarter, it said on Monday, taking its investment in the venture to more than $30 billion.<p>Reliance derives the bulk of its revenue from its core refining and petrochemicals …

Emerging Technology

Oil Investors Raise the Bet on Higher Prices and Lose - Bloomberg

The shale boom is making it hard to be an oil optimist.<p>While hedge funds raised their bets on rising prices, the market tanked. Money managers …

Commodities

Today in Trumpworld -- April 24

<b>TRUMP’S SCHEDULE:</b><p><b>9:30 a.m.:</b> President Donald Trump will speak by phone with German Chancellor Angela Merkel from the residence.<p><b>10 a.m.:</b> Trump will hold a video conference with the NASA astronauts aboard the International Space Station from the Oval Office.<p><b>10:30 a.m.:</b> Trump will receive his daily …

Politics

India's March oil, gas output rise

NEW DELHI (Reuters) - India's crude oil production in March inched up 0.94 percent to 3.1 million tonnes from a year ago, while natural gas output rose 8.92 percent to 2.75 billion cubic metres, provisional government data released on Monday showed.<p>Refinery production slipped 0.33 percent to 21.3 …

Oil & Gas Industry

North American oilfield activity ‘increased rapidly’ in Q1 — Halliburton

Oilfield activity in North America “increased rapidly” in the first three months of this year, Halliburton said on Monday, in the latest sign of the …

Oil & Gas Industry

Tony Hayward to leave troubled Genel Energy

Former BP boss Tony Hayward is to step down from struggling Genel Energy six years after he founded the Kurdistan-focused oil explorer with City financier Nat Rothschild.<p>Mr Hayward will be replaced as Genel’s chairman by oil industry veteran Stephen Whyte at the loss-making company’s annual general …

Oil turns lower as markets shift focus back to U.S. drilling activity

Investing.com - Oil prices were lower in North American trading on Monday, reversing overnight gains as investors turned their attention back to …

Commodities

News Highlights: Top Energy News of the Day

Latest on Oil<p>Oil futures flipped to losses Monday amid fears of lingering oversupply. Before turing lower, U.S. benchmark oil prices had been flat in early trading, hovering just below the $50-a-barrel mark.<p>Chesapeake Can't Escape $438 Million Bond Award at Supreme Court<p>The U.S. Supreme Court on …

United States

Halliburton Shows Off Its Shale-Drilling Dominance in Q1 Earnings

Revenue from its North American operations jumped a whopping 24%.<p><b>Halliburton</b> (NYSE:HAL) is well-known for owning a lion's share of the North American …

Investing

Eni Trades At A Premium Valuation To Total

Laying the landscape between two oil giants.<p>Operating metrics: Production and reserve growth, production replacement, reserve replacement costs, …

Petroleum

Oil dives, sending US crude below $USUS50

Oil prices have tumbled more than 2 per cent, notching the biggest weekly decline in more than a month on mounting evidence that US production and …

OPEC

Oil Falls Sixth Day as OPEC Seen Needing to Extend Output Curbs - Bloomberg

Oil retreated as an OPEC-led committee said production cuts would need to be prolonged to balance the market.<p>Futures extended last week’s 6.7 percent …

OPEC

French election rally; China stocks plunge; Oil stabilizes

Stocks are surging after the election in France.<p>Dow futures are up more than 200 points after a pro-European reformer emerged as the frontrunner to become the next French president. Stocks are rallying across Europe, too.<p>Here's what you need to know.<p><b>1. French election rally:</b> The euro surged 1.2% …

Markets

Oil gives up early gains as U.S. output worries linger

Oil futures erased earlier gains Monday, trading lower as worries about rising U.S. production continue to outweigh optimism about prospects for an extended agreement on output cuts by the Organization of the Petroleum Exporting Countries and other major producers.<p>On the New York Mercantile …

OPEC

Halliburton narrows 1Q loss as drilling activity increases

Halliburton Co. on Monday reported a narrower first-quarter loss as greater demand for domestic drilling services boosted revenue.<p>The provider of …

Oil and Gas

Varcoe: More oil, more bottlenecks, as Canada faces more crude to move by rail

Five years.<p>Wars have been waged and countries created in less time, but that’s the average length it’s taken for major Canadian pipeline proposals to …

Canada