The number of people employed in oil and gas extraction and support activities across the United States has fallen by around 100,000 since October 2014. Between October 2014 and November Continue Reading
It’s a buyer’s market in Dickinson, N.D. For most of the past decade, North Dakota has been the economic envy of every state in America. It posted the lowest jobless Continue Reading
Investment vehicles that funneled more than $100 billion into U.S. pipelines, storage and other facilities during the shale boom now face an existential crisis after oil tumbled so low that Continue Reading
Venezuelan oil minister said six crude oil producing countries including Iran and Russia support convening an emergency meeting between OPEC and non-OPEC member states, Iran’s Oil Ministry’s news agency reported Continue Reading
U.S. crude oil and gasoline inventories jumped more than expected last week to record highs, data from the Energy Information Administration showed on Wednesday. Crude inventories USOILC=ECI rose 7.8 million Continue Reading
The latest blow to the energy industry’s collective psyche has been inflicted by National Oilwell Varco Inc, with the giant oilfield equipment maker warning the pace of drilling and fracking Continue Reading
Mexico’s Ministry of Energy (SENER) is seeking to learn how it can replicate the success of South Texas’ Eagle Ford shale. Representatives of Mexico’s National Hydrocarbons Commission (CNH), Ministry of Continue Reading
Suncor Energy Inc., SU 3.06 % Canada’s largest crude-oil producer, late Wednesday reported a fourth-quarter net loss of $2 billion Canadian dollars ($1.45 billion) and slashed its 2016 capital spending Continue Reading
With oil hovering around $30 a barrel, commodities prices in free fall, and China continuing to confront a series of market-rattling growing pains, global equities have entered full correction mode. Continue Reading
After a year of secret diplomacy and hushed-up private talks around the world, OPEC’s mighty Saudi Arabia and rival Venezuela were persuaded to cut a deal by non-OPEC Mexico which Continue Reading
