MINNETONKA, Minn. (AP) _ Northern Oil and Gas Inc. (NOG) on Thursday reported a loss of $23.8 million in its fourth quarter. On a per-share basis, the Minnetonka, Minnesota-based company said it had a loss of 37 cents. Earnings, adjusted for one-time gains ... ... lees verder

NEW YORK (Reuters) - Oil prices rose to two-week highs on Thursday, boosted by data showing a surprise draw in U.S. crude inventories and also by a drop in the dollar. West Texas Intermediate (WTI) crude CLc1 futures rose $1.09, or about 1.8 percent, to ... ... lees verder

(Reuters) - U.S. shale oil producer Apache Corp forecast 2018 oil production that was below analyst estimates on Thursday, sparking concerns about the company’s growth as crude prices rise, and sending its stock down more than 5 percent. The drop in ... ... lees verder

HOUSTON (Reuters) - Exxon Mobil Corp is nearing final approval of a major expansion to its Beaumont, Texas, refinery that could make it the largest crude processing plant in the United States, according to three sources familiar with the company’s ... ... lees verder

Feb 22 (Reuters) - ABU DHABI NATIONAL OIL CO: * SIGNS EXCLUSIVE AGREEMENT WITH CHEMLUBE, APPOINTING IT AS EXCLUSIVE SELLER OF ITS GROUP III BASE OIL PRODUCT IN EUROPE‍ Source:(bit.ly/2BIqEb3) Further company coverage: Our Standards:The Thomson Reuters ... ... lees verder

The petro, a cryptocurrency launched by the Venezuelan government, raised $735 million in the first day of a pre-sale, officials said. "Today, a cryptocurrency is being born that can take on Superman," President Nicolas Maduro said. The cryptocurrency ... ... lees verder

Feb. 21 (UPI) --Seismographs have documented a significant increase in earthquakes in southern Kansas over the last five years, and the latest research suggests the oil and gas industry's activity tied to hydraulic fracturing is to blame. Prior to 2012, no ... ... lees verder

The effect of oil prices on the U.S. economy used to be straightforward: Higher was bad. Yet between 2014 and early 2016, as oil collapsed, growth slowed sharply. Since then oil has doubled, yet the economy has accelerated. Credit this to the emergence of ... ... lees verder