OPEC Announces Potential Production Freeze
OPEC has announced the formation of a preliminary deal to cut the production of oil, the first agreement of its kind since 2008. The cartel...
Articles by Tim McNally
EIA Predicts Deteriorating Oil Market into 2017
The EIA on Tuesday released its adjusted estimates of global demand and supply for oil, and the adjustments were not for the better. The EIA...
Russia and Saudi Arabia Join Forces to Stabilize Oil Market
Energy Ministers from Russia and Saudi Arabia agreed in September to work together in a commitment to stabilize the oil market. The talks occurred in...
Oil Companies Assist with Relief Efforts in a Recovering Louisiana
American Red Cross and various other relief groups operating in Louisiana to assist with flood-ravaged communities have received aid from an unlikely source. Exxon Mobil...
Ambitious Engineer at Exxon Offers Positive Message for Industry
Nate Burkhalter, a three-time American Ninja Warrior contestant, is a prime example of how not giving up will eventually yield positive results. Nate works full...
Fracking Cannot Be Regulated by Federal Government without Approval
A judge in the District Court of Wyoming recently rejected the Obama administration’s proposal for regulating hydraulic fracturing (fracking) on federal lands. The proposed rule...
Continental Resources Sells Non-Strategic Assets
Many oil-related companies have been in the process of selling off certain assets to stay solvent in the current economic environment. One such company, Continental...
Chesapeake Energy on the Rise Once Again
Oklahoma City-based Chesapeake Energy on Aug. 17 announced that it secured a $1 billion loan for buying back a portion of the company’s outstanding debt....
Industry Representatives Respond to Favorable Jefferson Parish Lawsuit
The continuing battle between energy companies and political forces in Louisiana has been fought in multiple regional courts. However, a ruling on Aug. 1 has...
Oklahoma Regulators Expand Area of Interest on Seismic Activity, Again
The increasing frequency and intensity of earthquakes in Oklahoma have caused some to look to the oil and gas industry to blame. The Oklahoma Corporation...