Chesapeake Energy Corp. is having its worst year since 1998 after halting dividend payouts, slashing drilling budgets and cutting one of every six employees failed to rescue the energy explorer Continue Reading
Natural-gas prices rallied Thursday, ending a shortened week with the biggest gain in nearly two years, as traders were buoyed by colder weather forecasts and a larger-than-expected inventory withdrawal in Continue Reading
The natural gas drilling frenzy is grinding to a halt, as the industry struggles with excess supply. Natural gas prices have plunged to their lowest levels in more than a Continue Reading
For years, U.S. gas companies looking to export liquefied natural gas dreamed of a booming Asia. Now, with demand there falling and the first shipment weeks away, Europe has emerged Continue Reading
County officials have declared a state of emergency in the Porter Ranch neighborhood here, where more than 1,600 residents have been displaced by a massive natural-gas leak now entering its Continue Reading
The U.S. Geological Survey said its review of the Barnett shale basin in north-central Texas led it to double the estimated reserve potential. “We decided to reassess the Barnett Shale Continue Reading
Analysts expect government data scheduled for release Thursday to show natural-gas inventories last week fell far less than the average amount for this time of year. The U.S. Energy Information Continue Reading
Los Angeles County officials have declared a state of emergency over a leaking natural gas well above a neighborhood that has forced a utility company to relocate thousands of residents Continue Reading
The Chesapeake Energy campus in Oklahoma City. The company is trying to rework its debt…. The Evercore bankers are advising the natural-gas producer on potential measures to reduce its $11.6 Continue Reading
Cubic Energy Inc., CBNR 0.00 % the latest Texas oil company brought down by falling oil prices, filed for bankruptcy protection after reaching a deal with its lenders to hand Continue Reading
