Stories Tagged as
Oil
Oil drilling bids for Alaskan wildlife refuge expected to be meager
by
Scott Tong
Jan 1, 2021
Oil giants are expected to sit out the bidding, which would mean low lease prices and measly royalties for the government.
The name of the game in West Texas oil and gas these days: consolidation
by
Andy Uhler
Dec 22, 2020
The Diamondback-QEP deal demonstrates the urge to merge while energy prices are weak.
OPEC has to decide whether it will continue to curb oil output
by
Andy Uhler
Nov 27, 2020
Ramping up production when demand is still weak could have major consequences on a relatively stable oil market.
Oil-rich countries have been hit hard by the pandemic. How can they move on?
Jul 22, 2020
Oil prices are still far below the break-even point for many producers in the Middle East.
$8 billion natural gas pipeline canceled, raising questions about fuel's future
by
Scott Tong
Jul 6, 2020
With challenges from environmental groups and state governments, the idea of natural gas as a bridge fuel may be fading.
Pandemic may be a turning point for oil business, executives and analysts say
by
Scott Tong
Jun 9, 2020
With carbon emissions and air pollution plummeting during the lockdown, experts question whether we'll return to our old driving and flying habits.
Texas oil regulator throws in the towel on supply cut
by
Scott Tong
May 4, 2020
Low crude oil prices have already achieved what regulators were seeking: to cut state production.
For public good, not for profit.
First the virus, then the oil crash, hit Midland, Texas
by
Andy Uhler
Apr 23, 2020
Midland, Texas, is ground zero for oil and gas production in the U.S., and much of the local economy, in some way or another, is tied to the industry. When West Texas Intermediate went negative for the first time ever on Monday, everybody in Midland felt it — on top of the coronavirus. This morning […]
Explaining how oil prices work, after the cost of a barrel dropped below zero
by
David Brancaccio
and Rose Conlon
Apr 21, 2020
At this point, oil is like that broken-down car you pay to have towed off to the junkyard.
Can even a deal to cut oil production increase prices amid COVID-19?
by
David Brancaccio
, Rose Conlon
and Alex Schroeder
Apr 10, 2020
Demand for oil is falling so quickly that even a reduction in supply will take some time to affect markets.