December 20, 2017

Oil and Gas Outlook 2018: Prices to Remain Stable

OPEC's deal to extend production cuts and US shale output could impact the oil and gas outlook next year. What...
April 19, 2017

Could Guyana Become a Top Oil Producer?

Some believe the tiny South American country could become the next oil hotspot.
December 29, 2016

Oil and Gas Outlook 2017: OPEC vs. Trump

OPEC's recent agreement and incoming US president Trump's uncertain policies will impact oil and gas next year, so what are...
December 27, 2016

Oil Outlook 2017: Will OPEC Comply?

Oil prices crashed at the beginning of 2016, reaching a low of almost $27 per barrel. By the end of...
May 22, 2014

Marathon Petroleum Subsidiary to Buy Hess For $2.874 Billion

Marathon Petroleum Corporation (NYSE:MPC) announced that its subsidiary, Speedway LLC, has signed an agreement with Hess Corporation (NYSE:HES) to acquire...
April 3, 2013

Oil Market Update (April 3, 2013)

A brief overview of oil price developments, supply and demand and significant market movers.
November 2, 2012

Hess Ups Net Income, Oil and Gas Production in Q3

Hess Corp. (NYSE:HES) announced its estimated results for the third quarter of 2012, commenting that its net income was $557...
April 25, 2012

Hess Corp’s Bakken Field Oil Output to Fall Short of its 2012 Target

Reuters reported that Hess Corp's (NYSE:HES) oil output from the Bakken field will fall short of its 2012 target.
January 31, 2012

Bakken Shale Driving US Oil Production Growth

The Bakken Shale is fueling an upturn in fortunes for the US oil industry and could be the prime driver...
October 31, 2011

Could South Dakota Host the Next Bakken Oil Formation?

A land purchase in South Dakota by a small, Texas-based independent Bedrock Oil & Gas Co. has led to speculation...