Halliburton Chairman and CEO Dave Lesar, joined by members of the Halliburton Executive Team ring the Opening bell at the New York Stock Exchange on November 18, 2014 in New York City. (Photo by Ben Hider/NYSE)

Deloitte: More oil and gas deals coming if crude prices stay low

As the hedges roll off, credit tightens and the realization that high prices are far off settles in, many companies will need to offer assets for sale and stronger ones will find good deals.
(Photo by Andrew Burton/Getty Images)

3 plead guilty in murder-for-hire plot in North Dakota oil patch

Three men have pleaded guilty in federal court in the murder-for-hire slaying of a Spokane businessman that arose from business dealings in the North Dakota oil patch.
FILE - In this Oct. 24, 2013 file photo, House Energy and Commerce Committee Chairman Rep. Fred Upton, R-Mich. speaks on Capitol Hill in Washington. Congressional Republicans are waging war against a hapless Web Site and hoping it leads to the destruction of Obamacare, the health care program they loathe yet can’t stop talking about it. As a tactic, it’s no more likely to succeed than this autumn’s self-wounding decision by Republicans to force a partial government shutdown and flirt with default on the national debt. Or their specious, long-ago claim that the program included death panels. (AP Photo/ Evan Vucci, File)

House panel votes to lift 40-year-old US ban on oil exports

The House Energy and Commerce Committee approved the legislation, 31-19, with three Democrats joining 28 Republicans to back the bill.
Toronto based Trinidad Drilling Ltd. floorhand Julio Serrato (cq) works on the first drilling of the Reveille 1H Chesapeake Energy natural gas site in Fort Worth, Texas, USA, Monday, November 23, 2009. Chesapeake Energy drills on much of the Barnett Shale over North Texas and Oklahoma.


KKR’s Samson Resources files for bankruptcy amid oil bust

Samson’s filing is among the biggest energy bankruptcies in the U.S. this year, but it probably won’t be the last.

Crude falls ahead of ‘All or Nothing at All’ from the Fed

Seventy-six years to the day after Ol’ Blue Eyes recorded ‘All or Nothing At All‘, and the Federal Reserve finds itself in a similar predicament. For betwixt now and 2pm ET, we are set for markets to be pushed and prodded around by uncertainty, before we hear whether the Federal Reserve has hiked interest rates […]
Categories: Crude oil, Middle East
McDermott International has a $1.5 billion-plus contract with Saudia Arabia's national oil company. (AP file photo/John Moore)

Saudi Aramco names new CEO

Nasser, senior vice president for upstream until May, will become the fourth Saudi national to head Aramco since its inception in 1933.
A clean-up crew member stands reflected in a pool of crude oil, leaked from a burst pipeline in the Arava desert, during the clean-up operation in the Evrona nature reserve near Eilat, Israel, on Thursday, Dec. 25, 2014. Ten days after the Trans-Israel pipeline burst, flooding the Evrona nature reserve with 5 million liters of crude oil, Israel's acting Environmental Protection Minister Ofir Akunis told the Cabinet Dec. 14 that 90 percent of the oil had been removed and the danger of it spreading to the Red Sea had been averted. Photographer: Ariel Jerozolimski/Bloomberg

Goldman sees 15 years of cheap crude

Goldman cut its crude forecasts earlier this month, saying the global surplus of oil is bigger than it previously thought.
This photo taken July 23, 2013, show the U.S. Capitol in Washington. Congress returns to work this week with a relatively short and simple agenda, vote to keep the government operating in the short term, then return home to campaign. National security threats from Islamic State militants and Russian aggression in Ukraine loom large, but September's session may be too short for lawmakers to do anything but talk about them.  (AP Photo/J. Scott Applewhite)

Five options for getting crude export bill to president’s desk

Oil producers and their allies on Capitol Hill are mulling an array of strategies for getting legislation authorizing widespread crude exports onto the president’s desk.
Even though the Houston economy is under pressure from lower oil prices, health care and other industries have helped the region avoid a recession, according to the Federal Reserve.  (AP Photo/Toby Talbot)

Non-energy industries aid Houston economy in oil slump, Fed says

Health care, construction and manufacturing have helped Houston avoid a recession as oil prices drop, according to a report from the Federal Reserve Bank of Dallas.
Categories: Crude oil, General
A pipeline sign stands in Cushing, Oklahoma, U.S., on Wednesday, March 25, 2015. The fastest oil-inventory growth on record at the main U.S. hub may be about to end, easing concern that storage limits will be strained. Photographer: Daniel Acker/Bloomberg

CVR Energy partners up for Oklahoma expansion

Separate analyst notes on Wednesday praised the move for CVR, saying it puts the refining company on track to potentially form its own master-limited partnership for logistics and pipelines.