When U.S. President Barack Obama visits Detroit’s annual auto show on Jan. 20, exactly one year before he leaves office, he is expected to tout how much the industry has Continue Reading
Arch Coal, the second-largest U.S. coal miner, filed for Chapter 11 bankruptcy protection on Monday with a plan to cut $4.5 billion in debt from its balance sheet in the Continue Reading
U.S. shale oil production is expected to fall for a seventh month in a row in February, declining at about the same rate as the month before as drillers manage Continue Reading
Information and analytics provider IHS Inc. IHS -0.66 % has agreed to acquire Oil Price Information Service, a pricing-reporting agency for the oil, natural gas and biofuels industries, for $650 Continue Reading
The amount of oil hauled on US railways has declined steeply in the past year as refineries swallow more foreign supplies in the face of falling domestic crude output. Tank Continue Reading
The US moved one step closer to becoming a global natural gas exporter on Monday as the 160,000 cu m Energy Atlantic LNG carrier began its final approach to Cheniere Continue Reading
Custom tugboats designed to tug LNG tankers are docked at the Cheniere’s Sabine Pass LNG facility in Cameron, Louisiana. Somewhere in the Gulf of Mexico right now, the Energy Atlantic Continue Reading
Some U.S. drivers may soon see a new expense at the gas pump: the cost of taking the global-warming fight on the road. New York and four other states are Continue Reading
Crude-oil prices plunged more than 5% on Monday to trade near $30 a barrel, making the specter of bankruptcy ever more likely for a significant chunk of the U.S. oil Continue Reading
Half of U.S. shale oil producers could go bankrupt before the crude market reaches equilibrium, Fadel Gheit, said Monday. The senior oil and gas analyst at Oppenheimer & Co. said Continue Reading
