Donald Trump is considering nominating oil and gas mogul Harold Hamm as energy secretary if elected to the White House, according to sources. » Read More
*Says to raise $160 mln from 34 mln share offering. The company said on Thursday it would sell 34 million shares to raise $160 million, excluding underwriter discounts, commissions and estimated offering expenses. At Wednesday's close of $5.32, the offering would have raised $180.9 million, implying a discount.
NEW YORK, Jan 28- While airlines are in no rush to pass on fuel savings to passengers brought by the collapse in oil prices, the Houston travel market has left them little choice. Crude's 70- percent drop in the past 19 months has made the Houston travel market a rare point of downward pressure on airline revenues. On average, round-trip business and first class...
Lower crude prices are helping lift much of the U.S. economy, but oil-producing regions are getting clobbered.
Some states dependent on energy revenues are facing strained budgets due to low oil prices, according to an S&P report.
Boot Barn says sales during its recently ended quarter were hurt by weakness in regions where the local economy depends on oil.
The projected declines in 2016 non-OPEC crude production will come from shale drillers, not oil majors, analysts tell CNBC.
A number of drillers saw their stock rise on Tuesday despite oil prices hitting their lowest levels since 2009.
U.S. oil producers proved remarkably resilient in the face of an OPEC policy aimed squarely at curtailing American output.
A new winter storm was plowing toward the Plains and the Great Lakes, threatening to pile as much as a foot of new snow Monday.
Many senators who voted this week to block EPA coal rules received healthy campaign donations from coal industry interest groups.
After steadily rising on the back of America's shale revolution, wage growth for exploration and production professionals has essentially gone flat.
If the EU were a fiscal union like the U.S., then what state would Greece be most like? Which of us take more from the government than they give back?
The sharp drop in oil prices is squeezing drilling operations in North Dakota and the Bakken Formation. Will players in the region survive?
Despite falling oil prices, the booming Peace Garden State hasn’t gone quiet. An influx of workers offsets a lack of innovation.
Here are the states that get the highest marks for access to capital, skilled labor and the best incentives for businesses of all sizes.
A CNBC analysis shows that many states with the highest per capita in taxes are also seeing the most net migration to lower-tax states.
After another month of soaring layoffs in the oil patch, recruiters says employers are taking a pause as crude prices recover.
A North Dakota town was evacuated after an BNSF oil train derailed.
Jim Cramer warns investors on the danger of getting in on crude right now. Will the window be closed forever?
The crash in oil prices has led to huge cuts in investment in spending on new exploration and production.