Oil at $30 a barrel is blowing a hole in the insurance that U.S. shale drillers bought to protect themselves against a crash. Companies including Marathon Oil Corp., Noble Energy Continue Reading
About 150 oil and gas companies tracked by energy consultant IHS Inc. may go bust as a supply glut pressures prices and punishes revenues. The number of companies at risk Continue Reading
Shale patches in the U.S. are pumping out more oil and gas than the government previously thought. A total 184,000 barrels a day of shale oil output were added to 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
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
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
Oil producers in West Texas, defying expectations they would fall victim to OPEC’s price war, are instead selling investors on the idea that they can still profit with prices below Continue Reading
