Investment dealer Raymond James upgraded its rating of exploration and production company Brigham (BEXP:NASDAQ) to Strong Buy from OUTPERFORM as emerging technologies and new techniques will improve the company's efficiency and reduce the time it needs to drill wells.
As a result of new regulations, exploration and production companies engaged in drilling activity in Montana are required to disclose the majority of chemicals they use for hydraulic fracturing or "fracking."
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.
Domestic production of oil in the United States increased at the fastest rate of any country between 2008 and 2010, and grew much more quickly than the country's closest competitor, Russia.
New Jersey Governor Chris Christie recently put a halt to hydraulic fracturing or "fracking" for natural gas in the Garden State by imposing a one-year moratorium, pending further research by the state's Department of Environment Protection into the practice's safety.
The Bakken oil formation has been generating significant attention from both the media and insiders in the oil and gas industry for its vast natural resources.
It’s often tempting to cut and run following a big dump in the stock market, but it’s also a good time to take a breather and reset some priorities to take advantage of the next market cycle. The good news is that if you’re still reading, it...
Republican lawmakers recently criticized President Barack Obama's insistence on revisiting a 2008 federal law that opened 2 million acres of land to possible production.