Since the start of the year, 57 oil production and oilfield services companies have filed for Chapter 11 bankruptcy protection. Many more bankruptcies ...
Some drillers in the biggest North American oil field are reopening wells shut in response to the pandemic-driven price collapse, according to ...
A pair of prominent shale producers said all they need is oil around $30 a barrel to consider bringing back curtailed crude output and fracking new ...
Texas oil regulators on Tuesday formally dismissed the proposal for government-mandated production cuts, after a motion submitted by Commissioner Ryan ...
The onslaught of frenzied selling of US crude oil this week, which seems to be continuing even after the expiry of the May futures contract, will ...
As oil prices started cratering last month, a group of US lawmakers from the southern oil-producing states accused Saudi Arabia of working to destroy ...
US oil producers clashed over whether to contribute to global oil cuts in a lengthy debate organized by the Railroad Commission of Texas in the wake ...
Saudi Arabia had no intention “to create any type of damage” to the US shale oil industry, the Kingdom’s Energy Minister Prince Abdulaziz bin Salman ...
Whiting Petroleum Corporation, a Denver-based shale oil firm, said it was filing for Chapter 11 bankruptcy due to the “severe downturn in oil and gas ...
Horizontal drilling and hydraulic fracking propelled the United States into a state of energy abundance. These technological advances radically ...
Russian Energy Minister Alexander Novak told Al Arabiya on Monday that US shale oil output is slowing down and that current levels are ...
The International Energy Agency (IEA) is very concerned about the impact that tensions in the Middle East may have on global energy security and will ...
And so it came to pass, with one of OPEC’s members smallest producers – Qatar – making its surprise announcement that, effective ...
Saudi Arabia’s efforts to broaden its share in the global petrochemicals market since the 1990s are paying off. An early start has given the ...
Oil giant Saudi Aramco will open an Indian subsidiary next week, three sources said, as the top global oil exporter looks to tap rising demand and ...
President Donald Trump’s proposal to sell half of the US strategic oil reserve highlights a decline in the biggest oil user’s reliance on ...
Oil prices rebounded on Friday after dropping to a one-month low the previous day, prompting investors to buy at cheaper levels ahead of a May OPEC ...
Oil edged higher on Wednesday as OPEC said it was committed to eroding a global surplus of crude, but increasing shale production in the United States ...
Oil prices slipped to almost four-month lows on Wednesday after data showed US crude inventories rising faster than expected, piling pressure on OPEC ...
Oil prices are trading over $50 a barrel, nearly double the level they were a year ago
Go-ahead for Cuadrilla to carry out hydraulic fracturing, or fracking, at a site in northwest England
Saudi Arabia’s decision not to cut oil production in reaction to the fall in oil prices is rooted in its own economic interests
True to form, no sooner have sanctions been lifted then Tehran has moved to decisively ramp up energy production, the lifeblood of its struggling ...
The news renewed concerns over a global supply glut
OPEC secretary-general says organization could not ‘subsidize’ shale
Traders were searching to store the glut of oil, which has knocked down prices 60 percent in the last six months
The firm intends to press ahead with its plans despite huge public opposition in the In Salah area
The sharp decline in oil revenues could force both Russia and Iran to review and maybe reduce their financial support for the Assad regime
This is not a fight between OPEC and U.S. shale oil. It’s a battle between OPEC and future shale
Oil markets extend this week's losses on oversupply concerns
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