Energy

Don’t Mess with Texas Oil and Natural Gas, Trump Tells Permian Crowd

Don’t Mess with Texas Oil and Natural Gas, Trump Tells Permian Crowd

President Trump rallied West Texas oil and natural gas workers on Wednesday afternoon during a visit to Midland, in the heart of the Permian Basin, touting American energy dominance and claiming the industry is not only back on track but expanding. The campaign speech of sorts came during a brief visit after the president toured…

July 30, 2020
ExxonMobil Joins E&Ps, OFS in Rethinking Strategies as Coronavirus Upends Everything

ExxonMobil Joins E&Ps, OFS in Rethinking Strategies as Coronavirus Upends Everything

The coronavirus pandemic has wreaked havoc on life in general, and for the energy industry, the next few months may prove to be make or break, as capital spending plans are cut and employees move to home offices.

March 17, 2020
4Q2019 Earnings: PDC to Cut More Costs, Reduce DJ Basin, Permian Activity in 2020

4Q2019 Earnings: PDC to Cut More Costs, Reduce DJ Basin, Permian Activity in 2020

PDC Energy Inc.’s oil and gas sales declined last year as commodity prices fell, offsetting a 23% increase in year/year production and a 22% annual decline in total costs.

March 10, 2020
WPX Closes Felix Acquisition, Adding 60,000 boe/d of Permian Output

WPX Closes Felix Acquisition, Adding 60,000 boe/d of Permian Output

WPX Energy, Inc. has closed its $2.5 billion acquisition of fellow Permian independent Felix Energy LLC, WPX said Friday.

March 9, 2020
U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

The domestic natural gas and oil industry has slowed its roll in the past few months as commodity prices remain volatile, but overall, employment grew stronger in 2019, climbing to 895,629 employed, or up 8,554 year/year, according to an annual overview by one of the largest oil and gas trade groups in the nation.

February 4, 2020
U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

The domestic natural gas and oil industry has slowed its roll in the past few months as commodity prices remain volatile, but overall, employment grew stronger in 2019, climbing to 895,629 employed, or up 8,554 year/year, according to an annual overview by one of the largest oil and gas trade groups in the nation.

February 4, 2020
U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

The domestic natural gas and oil industry has slowed its roll in the past few months as commodity prices remain volatile, but overall, employment grew stronger in 2019, climbing to 895,629 employed, or up 8,554 year/year, according to an annual overview by one of the largest oil and gas trade groups in the nation.

February 4, 2020

Oil and Gas Industry Applauds Trump Signing of USMCA into Law

President Trump on Wednesday signed into law the United States-Mexico-Canada Agreement (USMCA), a revamped version of the North American Free Trade Agreement (NAFTA) seen as vital to the energy sectors and economies of all three signatory countries.

January 29, 2020

Oil and Gas Industry Applauds Trump Signing of USMCA into Law

President Trump on Wednesday signed into law the United States-Mexico-Canada Agreement (USMCA), a revamped version of the North American Free Trade Agreement (NAFTA) seen as vital to the energy sectors and economies of all three signatory countries.

January 29, 2020

NGI 2020: Visibility Poor for North American E&Ps as Wall Street Sours and Capital Markets Contract

Editor’s Note: This is one of a 14-piece series NGI undertook as the energy industry readied for the new year, with Lower 48 natural gas and oil supply continuing to surge in an uncertain environment as liquefied natural gas exports ramp up, Mexico markets remain shrouded and stakeholders demand more value. Get your complimentary copy of NGI’s 2020 Special Report today.

January 7, 2020
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