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According to Reuters workers at ProPetro are on the chopping block and more could follow if crude oil prices don’t stabilize. Crude prices have been heading...
Oil and gas companies have discovered 7.7 billion barrels of oil equivalent (boe) year-to-date, according to Rystad Energy’s latest global discoveries report. This means that only...
There’s been another case of an Alberta Canada man asked to remove his ‘Oil and gas’ t-shirt while on Parliament Hill. Janet Dirks explains. “The security...
Equities have snapped back from sharp early losses but not so much for crude oil (USO -1.1%), as WTI is on track for its eighth straight...
The last slump in oil and gas drilling contributed to the mid-cycle economic slowdown in 2015/16, which helped fuel the political discontent that resulted in the...
Russia’s oil giant Rosneft tendered a sell of a cargo of crude, asking would-be buyers to pay in euros for the consignment, just weeks after doing...
Extraction Oil & Gas operates in the Greater Wattenberg Field of Colorado’s Denver-Julesburg (DJ) Basin, targeting the development of the Codell and Niobrara formations. The Colorado...
According to China National Petroleum Corporation (CNPC), the proven reserves at Qingcheng oilfield in the Ordos basin stand at 358 million tons, while its estimated reserves...
Five months after the new anti frac law took effect, drilling permits are down 60% from the last decade average, one operator has declared bankruptcy, and...
A mushroom cloud of fire erupted from Stolt Groenland, the Blaze spread to South Korean-flagged oil tanker Bow Dalian – which was docked nearby Some 25...
