The U.S. Geological Survey reported at least 9 minor earthquakes since the weekend in Oklahoma, a state wary of the connection between fracking and tremors. The USGS reported two magnitude-2.8 Continue Reading
North Dakota exploration and production activity held below the most recent historic low point Monday, with the No. 2 oil producer losing a rig from last week. State data show Continue Reading
Scotland’s finance minister has told the British government he is concerned that some of Britain’s remaining North Sea oil will never be recovered as companies active in the area have Continue Reading
Neither a recession nor a collapse in revenue has yet been enough to convince Russian President Vladimir Putin that it’s time to join with OPEC in cutting oil output to Continue Reading
Norway’s economy barely expanded in the fourth quarter as consumer spending held up amid a plunge in oil prices. Mainland gross domestic product, which excludes oil, gas and shipping, grew Continue Reading
Brent and U.S. crude futures edged lower on Monday as the dollar regained ground and as weak Chinese trade data stoked concerns about demand in the world’s biggest energy consumer. Continue Reading
Oil resumed its decline below $30 a barrel as Iran loaded its first cargo to Europe since international sanctions ended and Chinese crude imports dropped from a record. West Texas Continue Reading
A control wheel sits near a pumping unit, also known as a ‘nodding donkey’ or pumping jack, at an oil plant in Damborice. Here’s one reason to withhold faith in Continue Reading
Iran loaded its first cargo of oil to Europe since international sanctions ended, signaling more supplies will add to the global glut of crude. A tanker for France’s Total SA Continue Reading
The first shipment of Iranian crude oil to the European Union in more than three years is poised to depart as soon as Monday, Iranian officials said. The ships are Continue Reading
