The Eagle Ford play in southeast Texas presents local refineries with the opportunity to get crude oil at lower costs than using imported oil.
If the Utica shale deposit holds the same amount of reserves that some industry insiders predict, it could potentially revive oil production in the area and improve the condition of the ailing East Coast refining industry.
A major partnership between a Canadian company and a major Japanese oil and gas producer was recently announced.
The last few months have seen a flurry of E&Ps announcing changes to their business strategy, moving from a growth-through-drilling focus toward an income-and-dividend model. These companies realize things are changing in the oil patch. Commodity price forecasts are down and investor euphoria over billion-barrel resource plays is fading. The stocks...
There is only ONE number in the oil price saga that’s important to investors. It’s the same number the Saudis are tracking. That is: how much did US oil production increase in the last week. That number is released every Wednesday morning at 10:30 EST in the weekly EIA (US Energy...
At the Marcellus Shale Coalition's Shale Gas Insight conference on Thursday, legislative leaders announced that several legislative proposals would be introduced in the fall.
Goldman Sachs made a prediction on Sunday, September 11, that the United States will become the world's largest oil producing country by 2017.
When I saw this energy company, I couldn’t believe it.  Here is a company with: no long term debt $30 million cash growing EBITDA (cash flow) When I rushed out to buy the stock, it was paying me a double digit yield. That’s right—over 10%--on a payout ratio of under 60%. And trading at just...