Despite bearish sentiment, low oil prices, and weak demand, the Bureau of Land Management managed to bring in $3 million in its most recent oil…View More New Mexico Oil Auction Rakes In $3 Million
More than 400,000 oil and gas sector jobs have been cut this year, according to Rystad Energy, with about half of those in the U.S.,…View More Coronavirus, Consolidation Taking Toll on Oil Sector Jobs
Oil and gas companies worldwide are taking an axe to their employment rolls, shedding workers to survive what is expected to be a prolonged stretch…View More Gas and Oil companies shed workers to survive effect of coronavirus
Chris Wright stands out as an oilman who might be more at home in Silicon Valley than the shale fields of North Dakota. A mountain…View More Can Liberty Oil maverick’s corporate culture survive the U.S. shale bust?
US petroleum giant ConocoPhillips announced Monday it would acquire Texas-based shale oil rival Concho Resources in a transaction valued at $9.7 billion.View More ConocoPhillips to acquire shale oil firm Concho
(Bloomberg) — Six months on from crude’s era-defining price crash and Big Oil is suffering from whiplash. Prices may have stabilized around $40 a barrel…View More Big Oil Loses Refining Crutch With Margins Crushed Last Quarter
Pioneer Natural (PXD), ConocoPhillips (COP) and Devon Energy (DVN) have all recently acquired smaller firms with attractive asset bases.View More What’s Behind the Recent Frenzy of U.S. Energy M&A Deals?
Talks between Pioneer Natural Resources and rival Parsley Energy is the latest sign that consolidation in the US shale industry is gaining pace.View More Pace of US shale consolidation picks up
ConocoPhillips is to buy Concho Resources in a deal worth $9.7bn, as one of the world’s largest independent oil producers gambles on a post-pandemic market…View More ConocoPhillips to buy rival Concho in $9.7bn deal
After failing to stop the Adani mine, the protest industry has been prospecting for fresh seams of outrage to energise donors and loosen credit cards.View More Gas is fracking hell to protesters