Drillers dispatch another 11 oil rigs, Baker Hughes says
U.S. energy companies dispatched another 11 drilling rigs to hunt for crude across Texas and Oklahoma in the latest sign rising prices have given a boost to the battered oil industry. The number of active...
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Williams Cos. names new chair after 6 board members resign
Kathleen Cooper was officially announced Friday as the new chairwoman of Tulsa, Okla.-based Williams to support keeping CEO Alan Armstrong in the job. Former chairman Frank MacInnis was one of six members of the 13-person...
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Market Currents: Domestic demand cuts Iraqi oil exports
As we charge into the second half of the year, with a long holiday weekend stretching out in front of us, oil has pared losses and appears to be shutting up shop around yesterday’s close....
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C&J hopes to restructure, avoid bankruptcy under another CEO
The struggling oil field services is teetering on the brink of financial survival under its third CEO in four months after the sudden death of its founder, Josh Comstock, in March and the rapid ouster...
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EIA: Oil production in continental U.S. has fallen sharply since 2015 peak
HOUSTON – Oil production in the nation’s lower 48 states has dropped by 800,000 barrels a day in the 12 months after it peaked, one of the biggest reasons why the world’s oil glut has...
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