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Junk-rated and Oil and Gas loans worry U.S. bank regulators

November 09, 2015

Banks’ exposure to junk-rated companies and the oil and gas sector remains high, according to an annual report on loan quality by U.S. bank regulators released Thursday.

Colorado Oil, Gas deaths in 2014 greater than previously calculated

November 09, 2015

A new federal database that was developed to more precisely count the number of deaths in the oil and gas industry shows eight workers died in Colorado in 2014.

Oil and gas sector in Jafza posts 13% growth

November 09, 2015

The oil and gas sector in Jebel Ali Free Zone (Jafza) generated trade worth over Dh52 billion in 2014, up 13 per cent over the preceding year.

James Wallace, longtime Denver Oil and Gas executive, dies at 86

November 06, 2015

James B. Wallace — a longtime Denver oil and gas man, former chairman and CEO of Grease Monkey International Inc., and a man who could do deals on a handshake — died Thursday at age 86.

China keeping an eye on surging U.S. Oil and Gas production

November 06, 2015

The United States’ energy renaissance is catching attention in Beijing, where Chinese leaders view the phenomenon as “a double-edged sword,” according to a white paper from the free-market group American Council for Capital Formation.

CSU study says Oil and Gas water contiminants low in DJ Basin

November 06, 2015

A new Colorado State University report says there is no evidence water-based contaminants are seeping into drinking water wells over a vast oil and gas field in northeast Colorado.

Revenue Update on Carrizo Oil & Gas

November 05, 2015

Carrizo Oil & Gas(NASDAQ:CRZO) announced the earnings results for Fiscal Year 2015 and Q3. The results came in during Pre-market on Nov 4, 2015. Company reported revenue of $153.95M. The estimated revenue was of $145.24M. Earnings per share were $0.20. Analysts had estimated an EPS of $0.13.

Take care of the states Oil, Gas workers

November 05, 2015

Oil field work can be dangerous. But it need not be as dangerous. An Express-News article by Jennifer Hiller recently told how Texas was a national leader in oil field deaths last year. Of the 142 workers who died, 71 were in Texas. Between 2010 and 2014, Texas workers were 44 percent of the 615 who died in U.S. oil fields.

OPEC a Year Later: Oil & Gas Employment Down 5%

November 05, 2015

The oil and gas industry was thrown for a loop nearly a year ago when OPEC made a decision on Thanksgiving Day of last year to defer from its traditional role of maintaining price stability in order to protect market share. The decision sent oil prices plummeting, and has kept them at less than 45% of their peak value, seen in June 2014.

BP Says Technology Can Keep Oil and Gas Abundant, Affordable

November 04, 2015

Technology can be used to increase the world’s proved oil and gas reserves by two thirds -- almost double the amount needed to meet demand through 2050 -- keeping energy supplies plentiful and affordable, according to BP Plc.

Groups write letter to warn Oklahoma Oil and Gas companies of earthquake lawsuit

November 04, 2015

Environment protection groups have warned four Oklahoma oil and gas companies of their intent to file a lawsuit for "ongoing violations," according to a letter the groups sent.

Drilling group says Oil and Gas industry in for another rough year in 2016

November 04, 2015

A drilling industry group says the oilpatch is in for another year of weak activity as low commodity prices continue to pinch.

Major Oil And Gas M&A News That Has Yet To Make The Headlines

November 03, 2015

A relatively obscure newspaper globally wrote a single line this weekend -- which may show that one of the biggest trends going in oil and gas is about to explode to a frenzy.

Midstream megadeals dominated Oil and Gas deals in Q3, report says

November 03, 2015

In the oil and gas sector, megadeals — those valued more than $1 billion — among midstream companies dominated deals in the third quarter despite a slowdown in capital markets, according to a report from PricewaterhouseCoopers US.

The Earth is not running out of Oil and Gas, BP says

November 03, 2015

The world is no longer at risk of running out of oil or gas, with existing technology capable of unlocking so much that global reserves would almost double by 2050 despite booming consumption, BP has said.

Tough times continue for Alberta Oil and Gas companies

November 01, 2015

Husky Energy is planning further job cuts and asset sales as it looks to consolidate projects in Western Canada to help the company weather the ongoing downturn in the oilpatch.

Several Oil, Gas pipelines planned for Pa.

November 01, 2015

While the last decade of oil and gas development has been largely contained to the shale regions of Pennsylvania, the next phase will tunnel through the midstate.

5 Key Elements of Intrinsically Safe Digital Radios for Oil and Gas Operations

November 01, 2015

ATEX radios are essential tools for those working in the potentially explosive environments found in the oil, gas and mining industries, providing a safe alternative for two-way communications. Beyond the primary function of ATEX radios to prevent any potential sources of ignition, additional considerations should be made regarding the features of the radio and its suitability to the unique challenges presented in these applications.

Shell Leads $19 Billion of Gas, Oil Writedowns in Just One Week

October 29, 2015

More than $19 billion in oil and gas writedowns have been reported in a single week as producers acknowledge what investors already knew.

Oil and Gas industry messaging effort reaches elementary students in Mat-Su

October 29, 2015

With talk of taxes on the rise and Alaska struggling with massive deficits, an oil and gas trade association representing some of the state's largest taxpayers has reached into elementary schools to deliver a message it calls educational but some call political. 


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