A Murray Energy subsidiary has notified an Illinois state agency that it plans to lay off 255 employees in three months in a move that industry sources say would likely Continue Reading
The number of active oil and gas rigs in the United States rose by 13 on Friday, according to oilfield services provider Baker Hughes. The total oil and gas rig Continue Reading
President Donald Trump signed an executive order Friday to ease regulations on offshore drilling and eventually allow more to occur, particularly in the Arctic Ocean. The order, which takes aim Continue Reading
The world’s biggest oil companies are seeing their highest profits in more than a year, an early signal that they may be turning a corner on their long path to Continue Reading
The U.S. economy stumbled in the first months of the Trump administration, growing at the slowest pace in three years in a sobering reminder of the nation’s economic sluggishness. Gross Continue Reading
With the ink barely dry on an order to review U.S. offshore drilling rights, environmental groups said preparations are already underway for a legal challenge. U.S. Interior Secretary Ryan Zinke Continue Reading
Gas rigs have doubled since August; output falls 1.2% Average Marcellus well produces 51% of what it did a year ago U.S. natural gas producers are running hard to stand Continue Reading
U.S. supermajors exceed analysts’ estimates with cost cuts Chevron turns corner after worst annual performance since 1980 Fresh off Big Oil’s best quarter in years, Exxon Mobil Corp . and Continue Reading
U.S. gasoline demand fell 2.4 percent in February from a year earlier, the second straight monthly decline, according to data released on Friday by the U.S. Energy Information Administration that Continue Reading
Russia has effectively reached its 300,000-bpd production cut target under its agreement with OPEC, Energy Minister Alexander Novak said. “Yesterday it was about 298,000 barrels. We can say that we Continue Reading
