News
Cuda Oil and Gas Inc. Reports a 50% Increase in Proved, Developed and Producing Oil and Liquid Reserves
Cuda recorded significant progress in maturing its major asset at Barron Flats Shannon Secondary Recovery Unit in the Powder River Basin of Wyoming.
Conservation Could Create Jobs Post-Pandemic
President Trump signed an executive order making it easier for pipeline projects and other oil and gas development to progress.
BP Prepares for a Future That Needs Less Oil
The energy giant said its oil and gas assets were worth less, a move reflecting broad changes in the industry.
Congress Looking into Oil and Gas Sector Solutions as BP Announces Layoffs
Lawmakers are currently looking at ways to provide relief to oil and gas companies.
Upstream Oil and Gas Industry Needs Consolidation
The upstream oil and gas industry is ripe for consolidation, according to analysts at Evercore ISI.
Trump Administration Has OK’d More Than 100 Breaks for Oil, Gas Fees
Critics say breaks are unnecessary handouts that can benefit companies that have violated environmental rules.
Occidental Considers Selling Off Middle East Oil & Gas Assets
Occidental Petroleum may be considering a sale of oil and gas assets in Oman to reduce its debt burden.
U.S. Shale Companies Are Turning the Oil Taps Back On
As oil approaches $40 a barrel, companies are bringing wells back online, even as the market continues to recover from the demand drop caused by the coronavirus.
Unemployment rate drops to 13.3% in May, signaling return of US jobs
Economists surveyed by Refinitiv expected the report to show that unemployment rose to 19.8 percent in May