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  • EY survey shows cautious optimism for O&G M&As

    Despite an increasingly stable global economy, resilient equity markets, and corporate earnings confidence, the global oil and gas M&A landscape remains only cautiously optimistic, according to Ernst & Young.


    Halliburton to buy Baker Hughes for $35 billion

    After much speculation, oilfield services companies Baker Hughes and Halliburton confirmed that the two have agreed to a merger. Here, the updates.  


    Donadio elected to Marathon board

    Marathon Oil Corp. has elected, Marcela Donadio--Ernst & Young's previous Americas Oil & Gas Sector Leader--to the company's board of directors.


    Harold Hamm

    Naked on the hedge front

    Betting oil prices have hit bottom, Continental Resources has monetized nearly all of its outstanding crude oil hedges for 2015, 2016, and 2017. Here, opposing views on the move.  


    From left: David Sheret, GM Global Business Development (Bibby Offshore); Dr. Ian Duncan MEP; John Kelman, Base Manager (Bibby Offshore)

    Bibby Offshore hosts MEP for Scotland, Dr. Ian Duncan

    Aberdeen, Scotland-based subsea installation contractor Bibby Offshore hosted Conservative MEP for Scotland, Dr. Ian Duncan, on October 30, as part of a fact-finding mission into the oil and gas industry.


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    Commodity Indices

    Market Indices

    Latest Oil & Gas Industry News

    EnerMech forms JV with AFG in Saudi Arabia

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    November 28, 2014

    Australia's Beach Energy Ltd. has appointed Robert Cole as its new managing director, effective June 1, 2015, or such earlier date as is available and mutually agreed.

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    Beach Energy appoints Cole as managing director

    November 28, 2014

    Australia's Beach Energy Ltd. has appointed Robert Cole as its new managing director, effective June 1, 2015, or such earlier date as is available and mutually agreed.

    Business Solutions

    Fitch: Freeport approval moves US closer to LNG exports

    November 25, 2014 The recent final approvals and construction groundbreakings for several liquid natural gas (LNG) export facilities along the US Gulf Coast will make US LNG exports a reality in the near term, Fitch...
    Upstream

    Packers Plus acquires ReTek Energy Products

    November 28, 2014 Packers Plus Energy Services (USA) Inc., a wholly owned subsidiary of Packers Plus Energy Service...
    Unconventional

    Packers Plus acquires ReTek Energy Products

    November 28, 2014 Packers Plus Energy Services (USA) Inc., a wholly owned subsidiary of Packers Plus Energy Services Inc., an innovator of openhole multi-stage completion systems, has acquired Texas-based ReTek Ener...
    Midstream

    NGL acquires Rimrock’s interest in Grand Mesa Pipeline

    November 28, 2014 NGL Energy Partners LP has executed a definitive membership interest purchase agreement with Rimr...
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    Samson Oil & Gas updates credit agreement

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    Analysis

    US gasoline prices at lowest level since 2009

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