CNBC’s “Power Lunch” team discusses investing in energy stocks amid the coronavirus outbreak with Paul Sankey of Mizuho. The coronavirus continues to take a toll on oil markets, competition is…
Much of the industry’s growth has been fueled by mountains of cheap debt
Fracking for oil and natural gas has remade the global energy industry in America’s favor. But, much of the industry’s growth has been fueled by mountains of cheap debt and…
North Dakota has two to five years tell Peak Oil
Mineral Resources Director Lynn Helms, the state’s top oil regulator, said about 20% of drilling activity is now outside of the “core” areas of the western North Dakota’s oil-producing region….
Eagle Mountain Energy Partners Moves in on the Williston Basin
Eagle Mountain Energy Partners (“EMEP”) is a private, Houston-based exploration and production company focused on the acquisition and development of oil-weighted opportunities, primarily in the Williston Basin and other select…
Production Cuts May Not Be Enough to stop crude decline
OPEC saw its crude oil production dip by nearly 500,000 bpd in January from December
Saudi Arabia is considering large oil cuts due to coronavirus
Saudi Arabia is debating a short-term oil product cut as the deadly coronavirus continues to spread, the Wall Street Journal reported, citing OPEC officials. The Oil Cartel, The Organization of…
China to Support Markets as Coronavirus Spreads China injected cash into the financial system Monday
The CSI 300 Index dropped as much as 9.1% as onshore financial markets opened for the first time since Jan. 23. China’s central bank said it will inject 1.2 trillion…
Wilbur Ross Says Coronavirus Will Be GREAT For US Economy?
Commerce Secretary Wilbur Ross appeared on Fox News this week to talk about how awesome the coronavirus is going to be for the U.S. economy. Ross thinks that companies will…
How will the Coronavirus affect oilfield workers and the oil industry? Coronavirus in the oilfield
As the Coronavirus spreads throughout the world oil prices have been taking a beating, but how are oilfield workers coping with the Coronavirus epidemic? Oilfield workers often travel great distances…
Dominion Energy oilfield worker after rescuing 50 ducks no good deed goes unpunished
Dominion Energy fired an oilfield worker in Rock Springs after he saved an estimated 50 waterfowl from wastewater ponds. Adam Roich said: “I got fired a couple of days before…