Crude Oil Price Dips on Surprise Inventory Build
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
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SEC Settles Whistleblower Retaliation Charges Against SandRidge
The SEC has announced that an Oklahoma-based oil-and-gas company has agreed to settle charges that it used illegal separation agreements and retaliated against a whistleblower.
Gas Price Rockets Ahead of Christmas, With Illinois, Florida and Indiana Up Over 20 Cents
Is it the demand for gas as people drive for the holidays, or the soaring price of oil? Whether one or both, the cost per gallon of regular has popped, according to GasBuddy. Prices…
Jagged Peak Energy Files for IPO
Jagged Peak Energy has filed with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO).
IC Power Gears Up for IPO
IC Power PTE has amended its filing with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO).
Oil Rig Count Rises by 12, Hedge Funds Continue Dumping Short Positions
In the week ended December 16, the number of rigs drilling for oil in the United States rose to 510, according to the latest Baker Hughes North American Rotary Rig Count.
Natural Gas Price Dips Again After Storage Report
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased more than expected in the week ending December 9.
Crude Oil Price Halves Loss on EIA Inventory Drawdown
U.S. commercial crude inventories decreased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
Callon Petroleum Adds to Permian Stake, Issues More Shares to Pay the Bill
Independent oil and gas producer Callon Petroleum announced late Tuesday that its operating subsidiary has entered a definitive agreement to acquire Permian Basin acreage and other producing properties.
Keane Group Files for IPO
Keane Group has filed with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO).
Credit Suisse Has 5 Top Pick Energy MLPs for 2017
While these are not the highest yielding energy MLPs, they all have some serious upside to the Credit Suisse target prices.
OPEC Revises 2017 Forecast: Supply Up, Demand Growth Down
In its Monthly Oil Market Report for November, OPEC noted that its price for its reference basket fell by 10% last month.
Q3 US Solar Installations Set New Record
The third quarter was the largest ever for the U.S. solar industry, with solar photovoltaic capacity up 191% year over year.
The Threat of $3 Gas as Oil Moves Toward $60
A few things will need to happen for oil to reach and hold $60 a barrel, as it has started its march in that direction. With $60 oil, comes $3 a gallon gasoline.
EIA: Drilling Productivity Climbs 56,000 Barrels a Day in December
The U.S. Energy Information Administration (EIA) on Monday released its December report on drilling productivity in seven key oil and gas producing regions of the U.S. Overall oil production is projected to remain essentially…