During a call today Antero Resources said it plans to keep long-term growth at 20%-25% and slowly move infrastructure out on its recently acquired acreage During a conference call today following the company’s acquisition of 55,000 acres in the Marcellus, Antero Resources (ticker: AR) said that it plans to have infrastructure follow its rigs from its Tyler Country properties up
BP mergers Norway assets Det Norske for $1.3 billion London-based BP (ticker: BP) announced that it will spin off its Norwegian oil and gas fields, combining them in a new, publicly traded company with Norwegian firm Det Norske Oljeselskap ASA. The new company will be the largest independent European oil and gas E&P, producing 122 MBOEPD. Under the agreement, Det
To our “Closing Bell” Subscribers: In an effort to streamline and improve our email distributions we have changed to a new email platform this week. While we are confident of the long term benefits of the new system, information technology is a fickle master who is skilled at delivering the unexpected. Case in point: for a small number of recipients, “Closing Bell” has probably
U.S. rig count increases to 414 The U.S. rig count continued to increase this week, according to information from Baker Hughes Inc. The total number of active rigs in the United States reached 414, up six from last week. Increases were in both oil and gas rigs this week, with BHI reporting three more of each active in the week
Decreasing demand for coal in electricity generation pushes production down to levels not seen since the early 1980s Coal production in the first three months of 2016 was 173 million short tons, the lowest quarterly level in the United States since a major coal strike in the second quarter of 1981. Among the regions tracked by the EIA, the Powder
Rio de Janeiro, June 8, 2016 – Petróleo Brasileiro S.A. – Petrobras announces that its total production of oil and natural gas in May was of 2.83 million barrels of oil equivalent per day (boed), 5% higher than the volume produced in April (2.69 million boed) and 2% higher than the volume produced in May 2015, of which 2.64 million
Former PJM executive brings wide range of experience in market innovation and design Exelon today announced that it has named Mike Kormos as senior vice president of Wholesale Markets and Energy Policy, effective June 13. Kormos joins Exelon following a 27-year career with PJM, where he most recently served as executive vice president and chief operations officer. In his new
Long, Thin Routes: Dallas to Beijing, Boston to Shanghai, Tel Aviv to San Francisco From Business Journals When a United Airlines flight left San Francisco last week to establish a nonstop link to Singapore, United not only capitalized on an ill-considered decision by Singapore Airlines, but it also highlighted what can only be called the Revenge of the Dreamliner. United’s
From USA Today Broker-dealer Oppenheimer & Co. has been fined $2.25 million for selling non-traditional exchange-traded funds to retail customers without reasonable supervision and for recommending the investments to clients for whom they were unsuitable, Wall Street’s self-regulator said Wednesday. New York-based Oppenheimer was also ordered to pay $716,000 in restitution to customers who lost money on the investments, the Financial Industry Regulatory Authority said. Since
From the Denver Business Journal A New York firm says it has been hired to sell off Sports Authority’s intellectual property — including its naming rights at Sports Authority Field at Mile High. The announcement seems to signal that the failing sporting-goods chain intends to at least try to sell off the rights to name the Denver Broncos stadium despite
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
