Obama administration rejects Keystone XL pipeline

Exploration

Oil heads for another week of gains

January 27, 2017

Oil headed for a second weekly increase as OPEC and other producing nations maintained they would achieve their target of cutting production to r...

• FERC commissioner resigns after Trump replaces him as chairman

  January 27, 2017

• Solar energy workers account for most U.S. electricity jobs

  January 27, 2017

• Drillers face $43 billion cash shortfall in 2017, study says

  January 26, 2017

• Market Currents: OPEC hits the brakes

  January 26, 2017

• Protests planned against Warren, Texas Parks

  January 26, 2017

Production

IEA chief predicts “significant” jump in U.S production; oil falls

January 18, 2017

Oil fell in New York, reversing earlier gains, after the head of the International Energy Agency predicted a rebound in U.S. supply. Futures drop...

• Non-OPEC producers say they are trimming output

  January 10, 2017

• Shale drillers to move cautiously as oil prices rise

  December 29, 2016

• OPEC deadlocked as Iran, Saudi Arabia harden postions

  November 29, 2016

• OPEC forecasts increased oil demand, slow rise in prices

  November 08, 2016

• OPEC boss warns of ‘negative consequences if output deal collapses

  November 08, 2016

Shale

Market Currents: U.S. dependency on Middle East crude is rising

January 23, 2017

Crude is starting the week by charging lower, as supportive rhetoric from OPEC over the weekend has done little to allay fears of ongoing strong...

• Market Currents: OPEC still sees surplus despite cuts

  January 18, 2017

• Oil production accelerating in the Permian Basin, EIA says

  January 17, 2017

• Market Currents: Saudi versus Shale battle is ongoing

  December 15, 2016

• Rig count jumps by 20; largest increase in two years

  November 18, 2016

• Market Currents: OPEC hopes offset EIA inventory builds

  November 16, 2016

Discoveries

Exxon strikes oil off coast of Guyana, again

January 12, 2017

Exxon Mobil Corp. has made a second oil discovery off the coast of Guyana, in a another reservoir 10 miles northwest of the large Liza field it d...

• Texas oil land takes position in global order

  December 30, 2016

• Activists to open oil drilling protest camp near Balmorhea

  December 27, 2016

• Finally, some good news for deepwater

  December 09, 2016

• Sawtooth Mountain: When oil companies buy land to protect it

  November 21, 2016

• U.S. rig count down one this week, first decline in two months

  November 11, 2016

Crude Oil

Baker Hughes posts $417 million loss as it prepares for GE merger

January 26, 2017

Baker Hughes reported it lost $417 million during the final quarter of 2016 as it preps for its merger with General Electric this coming spring....

• Market Currents: North American drilling activity picking up

  January 25, 2017

• OPEC, IEA chiefs to speak at IHS CERAWeek in Houston

  January 25, 2017

• BP Outlook: World projected to fall far short of Paris climate accord

  January 25, 2017

• Petroleum supplies rise, demand slips

  January 25, 2017

• Plains All American buys Permian pipeline for $1.2 billion

  January 24, 2017

Natural Gas

The pipeline fight: Protesters rally against protesters

January 20, 2017

First came the Trans-Pecos pipeline. Then the pipeline protesters arrived. Now the protest protesters are mobilizing. North Texans for Natural Ga...

• Community debate grows over Exxon-Saudi chemical plant

  January 18, 2017

• Natural gas prices fall to lowest level since 1999

  January 13, 2017

• Permian Basin again drives rig count growth

  January 06, 2017

• Canada rules out Arctic drilling extensions for Exxon, BP

  January 06, 2017

• Exxon Mobil, SABIC prefer site near Corpus Christi for massive plant

  January 05, 2017