Archives for October 2016
Houston, national gas averages nudge downward as OPEC talks continue
Houston’s average retail gasoline price per gallon stood at $2.01 on Sunday, according to gas price analysis website GasBuddy.com. That figure is only 0.7 cents lower than one week ago, and the trend of somewhat...
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Market Currents: Global oil exports scream higher this Halloween
Happy Halloween! Crude is definitely spooked today, running scared as non-OPEC countries met over the weekend to discuss potential production cuts – but were unable to commit to anything concrete (sounds awfully familiar). Further encouraged...
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Nabors signs joint-venture pact with Saudi Aramco
Nabors Industries has signed an operating agreement with Saudi Aramco in what the companies are calling an example of the Saudi government’s push for economic diversification. Nabors and Saudi Aramco will equally own, manage and...
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Noble Energy, Consol Energy end Marcellus Shale partnership
Noble Energy and Pittsburgh-based Consol Energy on Monday said they have ended their shale exploration partnership in the Marcellus drilling region. Houston-based Noble and Consol in 2011 forged an agreement for joint exploration and development...
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Commentary: The new energy company
By Reid Morrison The U.S. oil and gas industry has experienced a sea change as it navigates an unpleasant shift in commodity prices since the highs of 2014. And as the industry muscles through a...
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