Imperial Oil Ltd. plans to shut the historic Norman Wells oil production site near the Arctic Circle in Canada after a century of operation. The project along the Mackenzie River in the remote ...
Magnolia Oil & Gas (MGY) was upgraded Tuesday to Equal Weight from Underweight with a $22 price target, while Matador Resources (MTDR) was downgraded to Equal Weight from Overweight with a $47 PT at ...
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Crypto markets were caught in a sharp global selloff on Tuesday as a mix of geopolitical shocks and bond market stress flipped investors from risk-taking to capital protection, hitting major tokens ...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, yesterday said that the era of speculative, or status-symbol oil licences were over. He cautioned prospective investors in the ...
Plenty of regional broker-dealers such as Raymond James and Ameriprise give advisors the option to join as direct employees or independent contractors. One of the main reasons is the origin of Wells' ...
Venezuela started shutting wells in a region that holds the world’s largest deposits of oil in the face of a blockade by the Trump administration meant to financially squeeze the nation. Petroleos de ...
Russia’s flagship Urals crude oil slumped to about $34 a barrel in a signal that US sanctions on Moscow are having an impact. The grade in the Baltic Sea slumped to $34.82 a barrel on Friday, while in ...
Staff file photo / Ed Runyan This image from September shows the Wehr Spring Valley Farm oil and gas well in Ellsworth. It achieved good results in its first three months of production, increasing ...
This is read by an automated voice. Please report any issues or inconsistencies here. L.A. County is suing four oil companies for allegedly failing to plug at least 227 idle wells in the Inglewood Oil ...
Up to 3 million abandoned oil and gas wells litter the U.S. alone, and while many still contain oil or natural gas, the owners decided it wasn’t worth it to keep pumping. “They’ve tried everything,” ...
Four oil and gas companies that develop heavy oil from the Inglewood oil field were sued Wednesday after being accused of failing to address health and environmental concerns for those who live in the ...