USA TODAY – Former Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic decrease in demand...
By Greg Avery – Reporter, Denver Business Journal – Denver-based oil company Whiting Petroleum is seeking Chapter 11 bankruptcy protection, the first of what experts...
Houston Chronicle – Bankruptcy attorneys and restructuring experts are quickly becoming the most popular people in the oil patch. Energy companies are...
Texas Tribune – Two Texas oil companies with large footprints in the West Texas oil patch sent a letter Monday to state...
David Gaffen, (Reuters) The oil industry has been hit by a simultaneous demand and supply shock in March as the coronavirus pandemic...
Bloomberg – The American shale industry shocked the world with its rebound after the 2014-2016 bust, setting records for output that pushed...
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Journal Record – Oklahomans who filed 17,720 initial claims for unemployment benefits last week shattered a nearly 30-year-old record. The previous record...
Reuters – Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand...
Forbes – As the domestic oil and gas industry moves into what will likely become one of the worst busts in modern...
The U.S. stock market closed mixed Friday, with the Dow Jones Industrial Average finishing at a record peak after investors parsed fresh data showing inflation continued to cool in August.
The Dow Jones rose 137.89 points on Friday, or 0.3%, to close at 42,313, notching its 32nd record close of the year.
The S&P 500 slipped 7.2 points, or 0.1%, to finish at 5,738.17.
The Nasdaq Composite shed 70.70 points, or 0.4%, to end at 18,119.59.
For the week, the Dow and S&P 500 each gained 0.6% while the technology-heavy Nasdaq climbed 1%. All three major U.S. stock benchmarks booked a third straight week of gains.
On Friday, destruction from Tropical Storm Helene stretched nearly 800 miles from South Florida into the mountains of Appalachia. The huge storm spawned flash floods and mudslides on its dash inland after bashing the Gulf Coast.
In the densely populated Tampa Bay region, neighborhood after neighborhood was underwater, resulting from a powerful storm surge. And across North Carolina, over two million people were under flash flood warnings at midday Friday.
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
A key hearing is set for this Friday in Big Spring, Texas, in a...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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