Market Currents: OPEC oil exports still to rise
Crude is sailing in rough seas today, as the combo of an informal OPEC meeting and a surprising weekly inventory report has pushed and prodded prices around thus far. Hark, here are five things to...
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Wind, solar costs plummeting, Energy Department reports
A new report from the Department of Energy catalogs just how much renewable energy prices have fallen in recent years. Since 2008 – probably not coincidentally the year President Obama was elected to the White...
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Swift Energy names longtime Chesapeake CFO as new chairman
Swift Energy struggled financially before and during the ongoing oil bust and filed for Chapter 11 bankruptcy protection last year. But the restructuring only lasted a few months and Swift became one of the first...
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Crude inventories fall again; gasoline stockpiles rise
Crude oil stockpiles fell for the fourth consecutive week, declining by nearly 2 million barrels last week, the Energy Department reported Wednesday. Gasoline inventories, however, rose 2 million barrel last week. Both crude and gasoline...
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By Mike D. Smith Newfield Exploration Co. has completed its $380 million sale of oil and gas properties and undeveloped land in Texas. The independent energy company based in The Woodlands said Tuesday that its...
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