The revenues and profitability of an oil and gas company are highly dependent on commodity markets. Hence, the sharp fall in commodity prices over the last 20 months has resulted in a notable decline in the price realizations for the various commodities. As a result, E&P companies had to pull back their exploration and drilling […]
Consumer prices inched up in March for the first time in four months, largely driven by higher gas costs, the Labor Department said Thursday. But underlying inflation slowed, a mixed message that made it unlikely Federal Reserve policymakers will increase a key interest rate this month. The 0.1%...
Last year, a wave of bankruptcies swept the oil and gas drilling industry as oil prices collapsed, leading to layoffs, lost revenues for communities, and turning former boomtown-era mancamps into ghost towns in places like North Dakota's...Show More Summary
Russia’s Gazprom energy giant changed its pricing formulas in long-term European contracts to peg the cost of natural gas to spot prices instead of the crude reference basket, Russian media reported Thursday.
There’s been a steady drumbeat of reports about coal and other power plant retirements in the face of low natural gas prices, aging plants, and new environmental regulations. Electricity use has been flat in recent years, although many forecasts continue to project modest growth. Show More Summary
Russian energy giant Gazprom and Turkish private gas companies have settled all disputes on prices for Russian gas deliveries in 2016, Gazprom Export said in a statement on Wednesday, confirming the earlier reports.
Revenues of, a US-based oil and gas producer, are highly dependent on commodity markets. The sharp fall in commodity prices over the last 20 months has resulted in a notable decline in the company’s price realizations for the various commodities. As a result, the E&P company had to pull back its exploration and drilling […]
Private natural gas firms in Turkey confirmed reports of reaching a pricing dispute settlement with the Russian energy giant Gazprom, Turkish media reported Wednesday, citing sources.
The U.S. Energy Information Administration sees a 14-cent drop, but consumers expect the current price surge to continue
Drivers across the nation this summer may pay less than they have in years at the pump and that goes for motorists in California, which consistently ranks as the most expensive place in the continental United States to gas up. "It looks like, optimistically, we may get the lowest prices since 2005...
Russian energy giant Gazprom and private Turkish companies have settled pricing disputes for Russian natural gas, a source familiar with the matter told RIA Novosti on Wednesday.
US stocks closed higher on Wall Street, led by big gains in oil and gas companies as energy prices climb. Southwestern Energy jumped 15% Tuesday and Marathon Oil increased 12%. The price of US crude oil rose 4.5% and natural gas rose 4% in New York. The Dow Jones...
Some 18-20 oil and gas fields off Norway are in danger of shutting output earlier than planned due to low oil prices, but the impact on the overall output outlook would be limited,
Tumbling prices for oil and gas and bankruptcies in the coal industry have pummeled Wyoming’s energy-dependent economy and eroded a thin safety net.
As oil and gas companies look to cut costs during this time of price volatility and meet strict emissions regulations, Alphabet Energy and Coyote North have developed a product that that they say does both. Alphabet Energy’s technology turns waste heat from exhaust into electricity. Coyote North develops waste gas incinerators and combustors. The two […]
TTAC regular PrincipalDan writes: Sajeev, With the price of gas dropping to levels not seen in many moons, a thought occurred to me: Many of us are driving around in an average vehicle that has an engine used by another vehicle advertised as having more horsepower and recommending premium fuel. Show More Summary
Moscow and Minsk are continuing consultations on the price of Russian gas for Belarus with agreement is yet to be reached, Russia's Deputy Prime Minister Arkady Dvorkovich said Tuesday.
New federal fuel standards finalized in 2010 and 2011 were projected to nearly double the efficiency of the cars and trucks sold in the United States between 2012 and 2025, and cut U.S. gas consumption by 33%. As regulators begin a review...Show More Summary
One of the biggest sources of anxiety among investors at the start 2016 was the high-yield bond market. Specifically the market for high-yield (or junk) bonds issued by oil and gas companies. As the price of oil plunged below $30 inShow More Summary