Overdue speculative bonds reach 5.1 percent in second quarter Fitch expects skipped payments to hit $90 billion by year-end U.S. high-yield bonds in default reached the highest levels in at Continue Reading
Despite a revenue stream under pressure from low oil prices, a Colorado study finds an educated work force means earnings are higher than the national average. A study from the Continue Reading
U.S. shale oil drillers have made big strides in adapting to lower crude prices by cutting costs and improving productivity, according to a report released Wednesday. American shale now makes Continue Reading
The number of rigs actively exploring for or producing oil and natural gas in North Dakota is rising, state data show, despite a slump in oil prices. State data show Continue Reading
About two-thirds of U.S. natural gas production and about half of U.S. oil production currently comes from hydraulically fractured wells. Fracking is an essential process in the U.S. oil and Continue Reading
Oil and gas producer Midstates Petroleum Corp. received a bankruptcy judge’s permission Thursday to begin polling creditors on its bankruptcy-exit plan, a plan based on a support agreement negotiated prior Continue Reading
Two years on from the beginning of the decline in oil prices, lenders continue to tighten access to finance for oil and gas drillers. Having been burned repeatedly by false Continue Reading
The oil, natural gas and petrochemical industries employed 1.4 million people last year, according to the American Petroleum Institute. Shortage of new leaders is hangover from last market downturn ‘A Continue Reading
Oil-field-services companies are depleted after slashing prices and laying off workers, and their slow recovery could crimp the energy industry’s overall ability to bounce back from the oil bust. The Continue Reading
Shale producers are tapping their crown jewel assets in response to the latest oil price rally, according to Morgan Stanley. The recovery in crude to close to $50 per barrel Continue Reading
