Energy producers clobbered by the worst price slump in decades have cut billions of dollars in spending, raising the potential for oil-supply shocks in the future, according to the International Continue Reading
Canadian companies Suncor and Canadian Oil Sands Ltd. announced their merger was completed under the terms of a hostile offer launched last year. Both companies announced the end of the Continue Reading
Well age reflects the difference between the calendar year and the year the well started producing. U.S. crude oil production from the Lower 48 states from new wells (drilled since Continue Reading
More government regulations are impacting the offshore sector’s outlook, possibly hampering the recovery. G. Allen Brooks’ examines several of the recent Obama administration actions. This opinion piece presents the opinions Continue Reading
Here’s Why This Is Only the Fourth Time Oil Has Tanked For oil companies, the legacy of $100 crude is starting to run dry. A wave of projects approved at Continue Reading
Oil and gas exploration company Emerald Oil Inc. filed for bankruptcy protection Tuesday night, the latest victim of stubbornly low oil prices. The Denver-based company, along with four affiliates, filed Continue Reading
My friend and colleague Marianne Kah, the chief economist at ConocoPhillips spoke recently about the perception that energy companies would find their reserves had lost their value, since climate change Continue Reading
The 800,000 barrels a day of crude production unaccounted for in the International Energy Agency’s estimates of oil supply and demand for last year are a “poor explanation” for the Continue Reading
A pump jack stands idle in Dewitt County, Texas January 13, 2016. A dreaded scenario for U.S. oil bulls might just be becoming a reality. Some U.S. shale oil producers, Continue Reading
As crude oil prices hold relatively stable, North Dakota, the No. 2 oil producer in the nation, saw its rig count hold steady from last week, state data show. The Continue Reading
