Oct 22- Contract driller Nabors Industries Ltd reported a 17 percent rise in revenue, its highest increase in nine quarters, as it benefited from strong spending in U.S. shale fields. "We are acutely aware of the potential for further weakness in crude oil prices and the associated impact on our customers' spending plans, particularly in North and Latin America,"...» Read More
Saudi Arabia is telling oil market participants that it's fine with lower oil prices for an extended period.
The continual drop in oil prices could hurt shale drilling's profitability, finds a report from Goldman Sachs.
Oct 9- Global news organization Reuters has asked an Oklahoma court to open courtroom proceedings to the public and unseal trial transcripts of the two-month-long divorce trial of billionaire oilman Harold Hamm and his wife, Sue Ann Hamm. Haralson cited concerns that private business information that might be discussed in the divorce case would harm Hamm's...
The US energy revolution is in danger. Here are three things US energy policy must focus on, says the CEO of Chevron.
CNBC's Brian Sullivan reports Exxon Mobil is banning employee travel to countries affected by Ebola.
Oil and gas firms are "routinely" underpaying their workers, according to an investigation from ProPublica.
Sept 18- Oil and gas producer Range Resources has been fined more than $4 million for environmental violations in Pennsylvania, state environmental authorities said on Thursday, the largest fine leveled against a shale gas operator in the state.
The age of robots as mankind's master is beginning, but don't be Terminator-terrified. Profit from the rise of the machines.
Many shale-rich countries face a dilemma, says a new report. It might mean a choice between fracking for energy or having enough water to drink.
Fracking is one area of the economy that's creating jobs. Dems like Obama and Cuomo need to stop delaying these projects, says Jake Novak.
Chinese energy execs recently made bullish statements about shale growth there. But that may have been just to appease China, this analyst says.
*FTSEurofirst 300 flat, Euro STOXX 50 down 0.2 pct. *Seadrill falls after below-forecast earnings. Declines in individual shares included UK grocers Sainsbury and Tesco slipping 2.2 percent and 1.3 percent respectively after data from Kantar Worldpanel showed UK grocery market sales rose 0.8 percent in the 12 weeks to Aug. 17, a 10- year low.
*FTSEurofirst 300 up 0.05 pct, Euro STOXX 50 down 0.2 pct. *Seadrill falls after below-forecast earnings. *Marine Harvest results hit by Russian sanctions.
Mexico's new energy reforms will not only increase foreign investment, but will also help domestic firms across the economy.
As booming shale pushes U.S. oil production to near 9 million barrels per day, some say U.S. strategic interests are being realigned.
As the U.S. muscles its way back into the very top echelon of global oil and gas production, Alaska is being left in the dust.
The Middle East and other oil-producing countries are hotbeds of instability. So why is oil falling instead of rising?
A major benefit of the U.S. shale boom is how deeply it has cut into the vast the trade imbalance, bolstering the dollar.
Russia and Iran have yet to agree on details of an oil-for-food deal, highlighting global pressures on both countries.
Russia's Energy Ministry said it was withdrawing Minister Alexander Novak's statement on cooperation with Iran on crude oil shipments.