Obama Administration Halts Work on Dakota Access Pipeline
In a joint announcement released Friday, the U.S. Department of Justice, the Department of the Interior and the Department of the Army have stopped further work on the Dakota Access Pipeline.
In a joint announcement released Friday, the U.S. Department of Justice, the Department of the Interior and the Department of the Army have stopped further work on the Dakota Access Pipeline.
The week of September 9 brought numerous analyst upgrades and downgrades in oil and gas stocks. Some analysts believe many of the energy stocks continue to be very smart buys.
In the week ended September 9, the number of rigs drilling for oil in the United States rose to 414, according to the Baker Hughes North American Rotary Rig Count.
Crude oil prices continue their wobbly rise. Oil at $50 a barrel means that $3 a gallon gas is not far away, at least in much of America.
Total announced Friday that it has exercised its preemption right to acquire all of the 75% interests it jointly owned with Chesapeake Energy in the Barnett Shale area in north Texas.
The world has lost wilderness over the past 20 years that is roughly twice the size of Alaska, or 10% of the world’s total. The report’s results were published in Current Biology. The primary point…
A lot of the gain in Chesapeake Energy shares over the past 30 days is the result of positive reactions to the company's efforts to get its balance sheet back in order.
U.S. commercial crude inventories decreased by more than 14 million barrels last week, according to the U.S. Energy Information Administration.
The EIA reported Thursday morning that U.S. natural gas stocks increased by 36 billion cubic feet for the week ending September 2.
Independent oil and gas producer Apache has announced the discovery of a new shale play, called the Alpine High, in the Delaware Basin portion of the Permian Basin.
One of the biggest mysteries for the global oil market, and certainly the biggest wildcard for future oil prices, is the current state of China's Strategic Petroleum Reserve.
Enbridge and Spectra Energy have agreed to a stock-for-stock merger that will create a company with a pro-forma enterprise value of approximately $127 billion.
On the sidelines of the G20 summit meeting in Hangzhou, the Russian and Saudi Arabian oil ministers met and agreed to create a producers’ group that would meet regularly to monitor the oil markets.…
August was not a kind month to U.S. crude oil producers. Crude prices dropped by nearly 8% to close the month below $45 a barrel.
In the week ended September 2, the number of rigs drilling for oil in the United States rose to 407, according to the latest Baker Hughes North American Rotary Rig Count.