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The U.S. Labor Department said that 239 employees will receive a total of $460,853 in unpaid overtime for the average 15 minutes a day they spent briefing employees arriving for the next shift.
U.S. benchmark crude pulled back from earlier highs after a government report showed a rise in inventories.
Mexico is trying to make its second lease auction more successful than the first as it strives to overhaul its energy sector.
Continental Resources is reducing capital spending, deferring some well completions and idling two of its 10 rigs in the Bakken Shale.
A couple of years ago we presented some examples of how the grit and steel of the oil field can take on its own beauty in the hands of a skilled photographer or digital artist.
Doggett, an electrical engineer who formerly worked with power generator and natural gas utility Duke Energy, joined ERCOT as chief operating officer in 2008 and was named president and CEO two years later.
Oil prices are falling again in anticipation of growing U.S. supplies and a global glut.
Phillips 66 Partners will buy two pipelines running from oil fields to refineries, and one carrying refined products from the Gulf Coast to the Midwest.
Gasoline prices have risen over the past week, mostly because of seasonal factors that typically send the price up in the final weeks of winter.
Oil has begun flowing at the Jack/St. Malo project in the deep-water Gulf of Mexico.