Fitch Ratings is out with a statistical review of operational metrics at a number of oil & gas companies. The review notes a handful of emerging trends: Finding, development, and ... Read Full Story »
Two pipeline companies have agreed to a 50-50 joint venture to build a new 149-mile offshore gathering system in the Gulf of Mexico. Enterprise Products Partners L.P. (NYSE: EPD) and ... Read Full Story »
In yet another of the deals that shakes up the landscape of US shale gas production, Chesapeake Energy Corp. (NYSE: CHK) has formed a joint venture with Total SA (NYSE: ... Read Full Story »
It's hardly news any more when Chesapeake Energy Corp. (NYSE: CHK) sells off more assets. This time is a little different, though, because of the buyer. BHP Billiton plc (NYSE: ... Read Full Story »
US shale gas deposits were known to have existed for decades. The problem was how to turn them into flowing wells. The natural gas was tightly compressed into small pockets ... Read Full Story »
Yesterday Soros Fund Management Filed a 13-F outlining the fund's long portfolio as of September 30th, 2009. The total value of the holdings reported in the filing is $6,198,089. Twenty ... Read Full Story »
These are the top analyst calls we have seen in the oil patch and in the energy sector this Monday morning: Apache (NYSE: APA) Raised to Outperform at Credit Suisse. ... Read Full Story »
Chesapeake Energy Corporation (NYSE: CHK) is tired of not having profitable results from a key operation. The largest natural gas player announced that it will cut its production by 7% ... Read Full Story »
Chesapeake Energy Corp. (NYSE:CHK) filed three documents with the SEC on Friday. One replaces a shelf registration that expires on December 5, the second authorizes the issuance of up to ... Read Full Story »
If BP plc (NYSE:BP) plans to buy Chesapeake Energy (NYSE:CHK) as the rumor mill has suggested, it had better hurry up while there's still something left. Early this morning, Chesapeake ... Read Full Story »
This morning Plains Exploration (NYSE:PXP) announced the sale of its oil and gas properties in the Permian and Piceance Basins for $1.25 billion to Occidental Petroleum (NYSE:OXY). This sale highlights ... Read Full Story »
Chesapeake Energy (CHK) announced today that it will create a joint venture with the US division of BP plc (BP) that will give BP a 25% stake in Chesapeake's Fayetteville ... Read Full Story »
It looks like Joe Public isn't the only one who thought oil and gas prices were through the roof. It seems that some of the big boys started locking-in prices ... Read Full Story »