Nearly two years into an epic oil rout, U.S. shale drillers that have upended global energy markets are finally feeling a credit squeeze as banks make their biggest cuts yet Continue Reading
The U.S. oil industry handed out 23,200 pink slips in the first three months of the year as companies began cutting their once-flush spending budgets deeper than in the ferocious Continue Reading
Costs associated with shale oil exploration and production decreased by a third in 2015 thanks to implementation of more effective technologies. Experts are certain that this could affect crude oil Continue Reading
A new study from Stanford has confirmed that fracking operations are contaminating drinking water sources in Wyoming. “This is a wake-up call,” said lead author Dominic DiGiulio, a visiting scholar Continue Reading
A rethink of current energy priorities and policies may be necessary to give further momentum to the U.S. shale oil and gas sector, an industry group said. The American Petroleum Continue Reading
Those whom the gods wish to destroy they first send mad Introduction The aim of this article is to show that the shale industry, whether extracting oil or gas, has Continue Reading
After weeks of showing stability, the number of rigs deployed in North Dakota dipped below 30 for the first time in years, state data posted early Monday show. State data Continue Reading
U.S. regional banks with large energy exposures including Comerica Inc. and Zions Bancorp could suffer higher losses than analysts predict if oil prices continue to fall, according to a Standard Continue Reading
Investors are sending a message to oil and gas companies: Think less like wildcatters and more like accountants. During the first quarter, stocks of the oil and gas companies that Continue Reading
The sharp swoon in oil prices is spooking the banks… Bah, humbug. While it is the wrong season for “A Christmas Carol,” U.S. oil and gas producers are bracing for Continue Reading
