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A service for energy industry professionals · Wednesday, January 27, 2021 · 535,104,648 Articles · 3+ Million Readers
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Texas Shale Oil Newswire

  • Published on Jan 18, 2021

    Texas railroad commissioner vents at France

    Wayne Christian, one of three Texas Railroad Commissioners, seems to have just about had it with the French. And the Russians. And the Iranians.His latest missive — “An Assault from All Fronts on Energy Independence” — wasn’t published in all-caps; but it …

    Source: Houston Chronicle - Texas - Neutral
  • Published on Jan 13, 2021

    Texas Vents At France, Fake News And The Woke

    Wayne Christian, one of three Texas Railroad Commissioners, seems to have just about had it with the French. And the Russians. And the Iranians. The “sensationalist, fake news media” and “environmental extremists” are off his Christmas list, too. He also …

    Source: Financial Advisor - Neutral
  • Published on Jan 11, 2021

    Texas Vents at France, Fake News and the Woke

    His latest missive — “An Assault from All Fronts on Energy Independence” — wasn’t published in all-caps; but it reads like the original draft was hammered out with the caps-lock on. A little backstory: Texas has a problem with flaring and venting of …

    Source: The Washington Post - Neutral
  • Published on Jan 24, 2021

    Saudi T-bill sell-off is ‘normal cash flow’ plan

    Oil prices have been stable since early January, with Brent crude price hovering around $55. Brent crude closed the week slightly higher at $55.41 per barrel, while West Texas Intermediate (WTI) closed slightly lower at $52.27 per barrel. Oil price …

    Source: Arab News - Gov't Propaganda
  • Published on Dec 22, 2020

    Analysis-US shale oil just had its worst year and the pain could bleed into 2021

    HOUSTON/NEW YORK: U.S. oil and gas shares and drilling activity are edging higher, but a disastrous year for the energy industry means the go-go days of the shale boom may be gone for good. Deep spending cuts that came with the collapse in fuel demand …

    Source: Channel News Asia - Public Broadcaster
  • Published on Jan 20, 2021

    Energy: From Keystone XL to Paris Agreement, Joe Biden signals a shift away from fossil fuels

    The moves underscore just how sharply US climate policy is changing, not only from the Trump era but even from the approach of the Obama administration in which Biden played a major role. "The era of supporting fossil fuels, even as a temporary bridge …

    Source: CNN - Neutral
  • Published on Jan 20, 2021

    Oil prices rise for a second session on U.S. fiscal stimulus prospects under President Biden

    Oil futures headed higher Wednesday for a second straight session, as traders penciled in expectations for aggressive pandemic aid spending by the administration of President Joe Biden. “Markets are filled with enthusiasm for a new policy era, and oil …

    Source: MarketWatch - Neutral
  • Published on Jan 20, 2021

    Oil heads higher for a second session on U.S. fiscal stimulus prospects, as Biden inauguration looms

    Oil futures headed higher Wednesday for a second straight session, as traders penciled in expectations for aggressive pandemic aid spending by the incoming administration of Joe Biden. “Markets are filled with enthusiasm for a new policy era, and oil …

    Source: MarketWatch - Neutral
  • Published on Jan 19, 2021

    Oil prices in need of further action, again

    Oil prices have come under strong pressure last week as the number of new COVID-19 infections rose dramatically following a significant increase in the crude prices in the past few months on the back of bullish expectations with the roll out of coronavirus …

    Source: Investing.com - Neutral
  • Published on Jan 19, 2021

    Here are Wall Street’s favorite oil stocks for a 2021 recovery

    Are you looking for a contrarian stock play? Try big energy — fossil fuels, to be specific. A combination of supply cuts and demand increases has helped crude oil prices soar over the past 2½ months. Meanwhile, redlining by banks — more on that later — …

    Source: MarketWatch - Neutral
  • Published on Oct 19, 2020

    ConocoPhillips to acquire shale oil firm Concho

    The logo for ConocoPhillips is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, US, January 13, 2020. — Reuters pic NEW YORK, Oct 19 — US petroleum giant ConocoPhillips announced today it would acquire Texas-based shale …

    Source: Malay Mail - Neutral
  • Published on Jan 16, 2021

    U.S. Shale Drillers Begin To Hedge Oil Price Production

    U.S. shale oil companies are hedging against future price drops as West Texas Intermediate enjoys a rebound above $50 a barrel, Reuters has reported, citing unnamed sources in the know. Crude oil prices had been recovering slowly during the final quarter …

    Source: Investing.com - Neutral
  • Published on Jan 15, 2021

    Feds Approve Plan To Drill And Frack 5,000 New Oil Wells in The Powder River Basin Of Wyoming

    GILLETTE, WYOMING--antelope grazing near a gas compressor station. Denver Post via Getty Images After an environmental analysis that took seven years, the Bureau of Land Management (BLM) signed, in late December, a Record of Decision to approve an oil and …

    Source: Forbes - Neutral
  • Published on Jan 14, 2021

    Charting The First 100 Days Of 6 Presidents

    President-elect Joe Biden has a tricky 100 days ahead of him. The 46th president of the United States will have a narrow majority in both chambers of Congress, after running on the most progressive economic platform in modern history. His plans call for …

    Source: WISC-TV Channel 3000 - Wisconsin - Neutral
  • Published on Sep 28, 2020

    Devon Energy to buy shale-oil rival WPX Energy for $2.56 bln

    By Shruti Sonal (Reuters) - U.S. oil and gas producer Devon Energy Corp DVN.N said on Monday it will buy shale-oil rival WPX Energy Inc WPX.N for $2.56 billion as it looks to boost its presence in the top U.S. oilfield. FILE PHOTO: A WPX Energy natural gas …

    Source: Reuters - Neutral
  • Published on Jan 12, 2021

    Oil Hits 10-Month High as Dollar Drops

    (Bloomberg) -- Oil in New York climbed to a new 10-month high as the dollar declined, increasing the appeal of commodities priced in the currency. Futures rose 1.5% to above $53 a barrel, to the highest since February 2020. Prices have climbed in recent …

    Source: Rigzone - Neutral
  • Published on Jan 8, 2021

    Is Saudi Arabia Reverting to Swing Oil Supplier?

    (The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) Until the onset of the shale revolution, OPEC – primarily Saudi Arabia – was long considered the …

    Source: Rigzone - Neutral
  • Published on Jan 8, 2021

    Pioneer (PXD) Predicts Slow Oil Output Recovery in US Shale

    Pioneer Natural Resources Company (NYSE:PXD), PXD one of the largest oil producers in America’s shale patch, in no way sees a recent recovery in drilling activities in spite of Saudi Arabia’s surprise oil market pledge to cut production in an effort to …

    Source: Investing.com - Neutral
  • Published on Jan 8, 2021

    Exporting the US shale boom has changed oil markets forever

    Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first US shale crude shipment overseas. The oil, gathered from nearby ConocoPhillips wells and sold to trading giant Vitol Group, set sail for Italy just two weeks after …

    Source: Engineering News - Neutral
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