Goldman Sachs trading enough natural gas to become the seventh largest gas marketer in North America. Photo by Steve Oehlenschlager/Shutterstock Goldman Sachs is now buying and selling enough natural gas Continue Reading
Employees are on the ground in and around the Fort McMurray area of Alberta to start bringing oil sands operations online, companies said Monday. Canadian energy company Syncrude said its Continue Reading
At 27, the number of rigs actively exploring for or producing oil or natural gas in North Dakota is the lowest it’s been in more than a decade, state data Continue Reading
SandRidge joined the ranks of oil and gas drillers to file for bankruptcy in recent… SandRidge Energy Inc. SDOC -65.50 % became the latest victim of the prolonged downturn in Continue Reading
Chesapeake Energy CEO Doug Lawler received $1.56 million last year for exceeding production and reserve… If investors hoped the biggest oil bust in decades would change the way oil industry Continue Reading
Business operations will continue while Breitburn negotiates a restructuring of its balance sheet, continuing talks with creditors that began a month ago, Chief Executive Hal Washburn said in a release. Continue Reading
London-based Ensco Offshore Co. is laying off 350 workers, according to a WARN notice sent to the Texas Workforce Commission (TWC). The offshore driller is conducting the layoffs due to Continue Reading
U.S. shale oil output is expected to fall in June for the eighth consecutive month, according to a U.S. government forecast on Monday, as the squeeze from a two-year rout Continue Reading
Uncontrolled forest fires forced the evacuation of some 8,000 oil-sands workers late Monday, nearly two weeks after more than 80,000 other people fled blazes that destroyed part of a nearby Continue Reading
Oil advanced as Goldman Sachs Group Inc. said the market moved into a deficit earlier than expected and China’s refineries processed crude at record rates. Futures surged as much as Continue Reading
