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Independent Oil & Gas News

Tuesday, April 14, 2015

Independent Oil & Gas Industry News

Oil & Gas Stock Roundup: Shell Snaps Up BG for $70B - Analyst Blog
Royal Dutch Shell plc (RDS.A) has agreed to acquire BG Group plc for $70 billion in cash and stock.

Fortis Energy Services VP of Business Development Edward Shelton Announces a ‘Silver Lining” at the PIOGA March Meeting
Edward (Eddie) Shelton, VP of Business Development for Fortis Energy Services gave an optimistic company overview for the oil and gas industry at the PIOGA (Pennsylvania Independent Oil & Gas Association) Winter Meeting in March themed “Clouds on the Horizon.” Shelton dispelled negative thinking when he talked about new ideas, new commitment and new programs created by Fortis to dig in and ...

Monday, April 13, 2015

Independent Oil & Gas Industry News

Gas prices cut
Oil companies announced a minimal price cut of 20 centavos per liter yesterday. The adjustments took effect midnight last night for most oil firms and early morning today for others. Pilipinas Shell Petroleum Corp. was the first to issue an advisory followed by Petron Corp., the country’s biggest oil refiner and PTT Philippines, the local subsidiary of Thailand’s biggest oil company. Other ...

Brazos Midstream and Old Ironsides Energy Partner to Pursue Midstream Investments
FORT WORTH, Texas, April 13, 2015 /PRNewswire/ -- Fort Worth-based Brazos Midstream Holdings, LLC ("Brazos") today announced that it has partnered with Old Ironsides Energy, LLC ("Old Ironsides"), ...

Large Independent selects Infrastructure Networks for Advanced Wireless Communications in the Permian Basin
Under this new contract, the large independent will be utilizing Infrastructure Networks' industrial LTE network, which is the first open standards based wireless network dedicated to critical infrastructure, which includes the oil and gas industry. The network currently covers 18,000mi2 of the Permian Basin and will be expanded to 25,000mi2 in 2015.

GulfSlope Energy Announces Participation at Upcoming Investor Conference
GulfSlope Energy    , an independent oil and natural gas company focused on exploring offshore U.S. Gulf of Mexico, today announced that management will present at the following upcoming investor...

Center For Offshore Safety Report Highlights Industry's Safety Performance
New data from industry operations and independent third-party audits reveals the U.S. offshore oil and natural gas industry’s highest commitment to safety, according to the Center for Offshore Safety’s (COS) first annual performance report ( published today.

Friday, April 10, 2015

Independent Oil & Gas Industry News

Lower Natural Gas Prices and Small Capital E&Ps Dragged XOP down
The massive gas production consensus and oversupply beat down natural gas prices. They fell 9% YTD. This impacts small and independent oil and gas companies the most.

Friday, April 3, 2015

Independent Oil & Gas Industry News

Last 5 Days: Crude Oil Rallied and Newfield Surged More than 6%
Newfield is an independent oil and gas exploration and production company. It was the top performer in the Energy Select Sector SPDR ETF (XLE) on April 1, 2015.

Friday, March 20, 2015

Independent Oil & Gas Industry News

Oil and gas industry groups sue over U.S. fracking rules
The oil and gas industry moved quickly on Friday to challenge new U.S. regulations for hydraulic fracturing on public lands, minutes after the Obama administration issued the rules. In what could be the start of a broad industry assault on the rules, the Independent Petroleum Association of America (IPAA) and Western Energy Alliance sued the U.S. Interior Department. Other industry groups and ...

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