(Getty Images)

Year after key OPEC meeting, oil bankruptcies rise to 37

As many or more bankruptcies could occur next year if crude stays cheap, say attorneys at Dallas-based Haynes & Boone, the law firm that compiled the statistics.
A worker passes by an Air Liquide logo at the Air Liquide hydrogen plant in Port Jerome, France, on Friday, July 24, 2009. The company announces its earnings next week. Photographer: Fabrice Dimier/Bloomberg

Air Liquide Americas CEO: $10 billion price tag for Airgas is “appropriate”

The French company just moved into its new two-building Air Liquide Center in October in Houston’s Memorial City to serve as its Americas headquarters.

Is SandRidge Energy close to crumbling?

Regulators’ efforts to reduce earthquake risk in the most seismically active area of the state could put the company at risk, because its operations are so narrowly focused in one area.
(Spencer Platt/Getty Images)

U.S. oil rig count ticks up after 10 weeks of declines

Oil field operators have pulled back about 65 percent of the rigs that were operating at the peak of the U.S. oil boom in October 2014.
An oil well owned an operated by Apache Corporation in the Permian Basin are viewed on February 5, 2015 in Garden City, Texas. (Photo by Spencer Platt/Getty Images)

Apache pulls back rigs but still expects to grow production

Despite the downturn, the Houston oil producer believes it can boost its oil production this year
Lee Tillman, of Marathon Oil Company, delivers remarks in  the Unconventional Impact Pane during the Offshore Technology Conference at NRG Park on May 5, 2014, in Houston, Tx. (Mayra Beltran/Houston Chronicle)

Marathon Oil plans 29 percent spending cut, posts loss

Marathon Oil Corp. lost $749 million in the third quarter, writing down the value of some oil assets and scaling back efforts to look for oil and gas in conventional plays.
In this March 20, 2015 file photo, Cabot Oil & Gas Corp.'s external affairs director, George Stark, speaks during a breakfast hosted by the Greater Hazleton Chamber of Commerce in Hazleton, Pa., discussing regional effects of natural gas drilling. Tens of thousands of miles of pipeline are proposed for Pennsylvania during the next 10 years, according to state officials, and while the last decade of oil and gas development primarily took place in the state's shale regions, the next phase will tunnel through the midstate. (Ellen F. O'Connell/Standard-Speaker via AP, File)

Pipelines planned for midstate Pennsylvania

After 10 years of drilling, shale operators have more natural resources than the infrastructure to deliver it. There’s now more supply than demand, and pipeline builders are seizing the opportunity and submitting plans for an underground network to move through Pennsylvania.
Anadarko Petroleum Corporation CEO Al Walker, gives a speech after his company won top ranked large employer during the Houston Chronicle's Top Workplaces Awards Gala, Thursday, Nov. 8, 2012, in Houston. (Nick de la Torre/Houston Chronicle)

Anadarko CEO: “Growth will not be rewarded” amid cheap oil

This year, Anadarko has sold $2 billion in assets and in the third quarter it wrote off $2.6 billion before taxes on the value of its oil assets, which sank its profits.
(AP file photo/Reed Saxon)

Occidental cuts North Dakota, Middle East drilling to pump cash into West Texas

Occidental officials have stopped some oil field projects and exited the Williston Basin in North Dakota.
Southwestern Energy chief executive Steven Mueller at a drilling rig near Wonderview, Ark. (Stephen Thornton/The New York Times)

Southwestern Energy posts loss amid low natural gas prices

Southwestern Energy Co. lost $1.77 billion in third-quarter profits as it cut down its property values.