Linn, which borrowed billions of dollars to expand during the height of the shale oil boom, saw its stock value sink below $1 a unit for the first time in January.
The deepest oil well drilled in Israel’s 65-year history may be the most important.
A Temasek Holdings Pte unit is up against Exxon Mobil Corp. (XOM) and Royal Dutch Shell Plc (RDSA) in a contest to fill storage tanks that will hold three times as much liquefied natural gas as Singapore will consume this year.
The Minnesota Public Utilities Commission unanimously approved plans Wednesday by Enbridge Energy to boost the capacity of its oil pipeline in the state.
Steam or vapors appeared to be coming from a damaged reactor building at Japan’s tsunami-crippled nuclear plant Thursday, but the plant operator said radiation levels were steady.
Texas has been ranked dead last in the “How Green Is My State?” assessment by MPH Online, ranking high for its friendliness to renewable energy, but losing points for air quality.
Interior Secretary Sally Jewell on Wednesday defended the Obama administration’s plans to stiffen requirements for oil and gas wells drilled on federal lands, saying it was important to establish baseline standards that apply nationwide.
Natural gas futures declined in New York for the first time in four days on speculation that moderating heat will reduce demand for the power-plant fuel.
The McKenzie County Sheriff’s Department says five men have been injured in an oilfield explosion near Alexander.
Profit soared for pipeline giant Kinder Morgan Energy Partners in the second quarter of the year, with recent acquisitions helping it multiply its net income more than seven times from the same period a year ago.
In a sea of valid facts and concerns coming from both the “pro” and “anti” hydraulic fracturing groups, I think we can all agree that in contrast celebrities provide the LEAST reliable frame of reference from which to carry on the discussion and create nothing but “noise” that prevents real progress from being made.
U.S. refineries used the most crude in almost eight years last week, draining supplies for the third straight time even as domestic production rose the highest level since 1990 and imports increased.
Archer Limited, a recently formed oilfield services company, has appointed ex-Halliburton executive David King as its new chief executive officer.