Five years after the Fukushima tragedy, TEPCO’s chief of decommissioning Naohiro Masuda admits that the company still has no idea exactly where 600 tons of melted radioactive fuel from three Continue Reading
U.S. oil drillers cut rigs for a ninth week in the last 10, energy services company Baker Hughes Inc said on Friday, even as crude prices this week tested a Continue Reading
Texas oil production for March was up 1 percent from the previous month, state data show, as crude oil prices staged a sustained recovery. The Railroad Commission of Texas, the Continue Reading
On one side, under the burning midday sun of Maracay in north-central Venezuela, hundreds of angry people have been waiting in line since 4am to buy food. On the other Continue Reading
U.S. corporate profits, hit hard last year by the energy downturn and strong dollar, show signs of stabilizing as oil prices dance around $50 a barrel and economic growth appears Continue Reading
Pioneer Drilling The oil rig count fell again this week from 318 to 316 after last week’s slight reprieve, coming in at the lowest at any point in time since Continue Reading
Provided by GasBuddy.com Republished May 27, 2016, 8:30 a.m. to correct certain gasoline and crude oil prices. The U.S. average retail price for gasoline was $2.30 per gallon (gal) on Continue Reading
For the second time in less than a year, oil services provider Hercules Offshore is heading for Chapter 11 bankruptcy protection by entering a restructuring support agreement (RSA). The Wall Continue Reading
Maersk Drilling said Friday it acquired a rig designed for harsh environments from struggling rival Hercules Offshore for deployment in the North Sea. Maersk entered into an agreement with a Continue Reading
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field, as the sun sets, outside the West Siberian city of Kogalym, Russia, in this January 25, 2016 file Continue Reading
