The world’s largest owners of offshore drilling rigs fell the most in more than a month as oil’s drop below $40 extended their pain. Diamond Offshore Drilling Inc. fell 5.7 Continue Reading
Ahead of a special legislative session to review the state budget, North Dakota state data show a modest recovery underway in oil and gas exploration activity. State data show 35 Continue Reading
Colorado Governor John Hickenlooper speaks at the Democratic National Convention in Philadelphia, Pennsylvania, U.S. July 28, 2016. Governor of Colorado John Hickenlooper on Monday criticized Donald Trump’s comments about fracking, Continue Reading
Rig company Transocean said it consolidated its holdings and said Monday it grabbed a majority interest in three additional offshore drilling assets. Transocean said it agreed to acquire any outstanding Continue Reading
I expect World Fossil fuel output to peak in 2025. If the World economy continues to grow in the future, a gap between Energy produced from all sources (including non-fossil Continue Reading
It used to be that when it came to the world economy, oil prices and economic growth were more like distant cousins who disliked each other rather than a happily Continue Reading
Hess, Anadarko cite $60 mark in second-quarter earnings calls Oil companies cautious following last year’s false starts For U.S. oil drillers, $60 is the new $50. Earlier this year, oil Continue Reading
Templar, Stallion likely to miss interest payments, Fitch says The defaults would push energy default rate to nearly 18% The default rate for leveraged loans in the energy sector could Continue Reading
Suncor Energy Inc. is discussing with the Alberta government leaving some oil-sands bitumen in the ground in order to lower emissions and reduce costs, Chief Executive Officer Steve Williams said. Continue Reading
Offshore Oil Rig The Trent Capital expenditure cuts of $150 billion for 2016 and 2017 by U.S. exploration and production companies are expected to result in average production losses of Continue Reading
