Exclusives

jeff_miller_halliburton

Halliburton Posts 1Q Gain Despite US Operational Challenges

Halliburton posts a 34% increase over the same period last year. The company has delivered the highest returns in the industry for the last five quarters, its CEO said.

5:32 pm
shale_free_cash

US Shale Companies Strike Cash On Higher Crude Prices

Leading shale oil producers are generating significant free cash with oil prices at present levels.

9:11 am
Northern Exposure For Gulf Coast As Canadian Heavy Crude Flows South

Northern Exposure For Gulf Coast As Canadian Heavy Crude Flows South

As Canada’s domestic producers export heavy crude to the U.S. refiners on the Gulf Coast, many of the country’s refineries are forced to import volumes of light oil. 

April 20, 2018
Canyon Creek Forms JV To Accelerate Arkoma Stack Drilling

Canyon Creek Forms JV To Accelerate Arkoma Stack Drilling

Canyon Creek CEO Luke Essman said the JV partnership with Pivotal Petroleum Partners signals a renewed interest in the Arkoma.

April 20, 2018
Schlumberger, earnings, first-quarter earnings, oilfield service, Paal Kibsgaard

Schlumberger CEO Warns Of Tightening Oil Market

The company’s chief executive says more global E&P spending is needed to minimize an impending production deficit.

April 20, 2018
Trump Blasts OPEC As Oil Prices Trade At Highest Since 2014

Trump Blasts OPEC As Oil Prices Trade At Highest Since 2014

Khalid al-Falih, the energy minister of Saudi Arabia and OPEC’s de facto leader, said prior to the U.S. president’s tweet that the world economy could handle higher oil prices.

April 20, 2018
‘2 Ships’ Sail Same Rough Energy Sea

‘2 Ships’ Sail Same Rough Energy Sea

Both midstream and upstream must navigate through changes in the energy business, says IHS Markit expert.

April 19, 2018
Latest Blank-Check Company Completes Upsized $414 Million IPO

Latest Blank-Check Company Completes Upsized $414 Million IPO

Pure Acquisition, led by Jack D. Hightower, is the latest blank-check company to emerge with an industry veteran at its helm.

April 18, 2018

Advantage: Marcellus

The Beast in the East will roar this year as the Marcellus reaches an inflection point. Bigger wells can fill the takeaway coming onstream.

April 18, 2018
gpa_midstream_demand_oil

The Old Is New For Energy

At the GPA Midstream annual convention, Horace Hobbs, an economist for Phillips 66, said the industry has returned to a demand footing after 45 years of focusing on supply.

April 17, 2018
USE It Act, carbon capture, utilization and sequestration, CCUS, CO2 EOR, oil and gas technology

Bipartisan Energy Legislation Highlights Benefits Of Carbon Capture

The so-called USE It Act encourages carbon capture, utilization and sequestration projects with focus on technology development and adding commercial value such as for CO2 EOR.

April 17, 2018
Bahrain oil discovery, shale oil, Bahrain oil and gas

Bahrain’s Shale Ambitions Remain In Limbo

The economic impact of Bahrain’s recent oil discovery depends on how much of the estimated reserves are commercially viable to extract.

April 17, 2018

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