CNBC's Eamon Javers reports the highlights of the new executive order signed by President Trump to re-open offshore energy policy.
President Donald Trump signs an executive order to re-open offshore energy policy, including reversing the Arctic leasing ban imposed by the Obama administration.
CNBC's Eamon Javers reports the outlook for President Trump's latest executive order on offshore energy.
The International Energy Agency has warned that insufficient investment could lead to a tightening of global oil supplies.
President Donald Trump has a few paths to open more U.S. waters to offshore drilling, but little opportunity for shortcuts.
RBC Capital Markets Global Head of Commodity Strategy Helima Croft discusses the price impact of the OPEC production cut and whether the cartel will extend it beyond the original end date.
NEW YORK— Halliburton Co. on Monday reported a narrower first-quarter loss as greater demand for domestic drilling services boosted revenue. The provider of drilling services to oil and gas operators reported a loss of $32 million, or 4 cents per share, compared to a loss of $2.41 billion, or $2.81 per share, a year prior when it had hefty charges.
The world's No.1 oilfield services provider, Schlumberger NV, said on Friday its revenue rose for the quarter.
SAO PAULO, March 31- Odebrecht Ôleo& Gás SA, the offshore oil drilling company owned by Brazil's Odebrecht SA, has won temporary relief from investors despite pledging to honor interest payments on a bond a week after deadline. In a Friday statement, the company known as OOG said investors would receive on April 7 an interest payment on the company's 6.75 percent...
SAO PAULO, March 31- Odebrecht Ôleo& Gás SA, the offshore oil drilling company owned by Brazil's Odebrecht SA, has won a temporary relief from a relevant group of bondholders that will help it pay for operational and capital expenses, signaling progress in talks aimed at restructuring $5 billion in debt. In a Friday statement, the company known as OOG said...
Angus Rodger of Wood Mackenzie says the deepwater oil drilling sector has gradually cut costs by 20 percent since 2014.
March 28- International offshore driller Ocean RIG UDW Inc filed for Chapter 15 bankruptcy protection in a U.S. court late Monday, hit by cancellations as major oil producing customers withdrew from deep water projects amid falling oil prices. The Cayman Islands holding company, which spent heavily on new drill ships earlier in the decade, said lower oil prices...
SAO PAULO, March 27- Vale SA surprised investors with the appointment of Fabio Schvartsman as chief executive officer on Monday, choosing a commodities industry veteran to lead transformation of the world's No. 1 ore producer into a company with dispersed share ownership. Schvartsman, who has been the CEO of Klabin SA, Brazil's largest paper and cardboard...
Discussing the Keystone XL Pipeline approval and the outlook for U.S. energy commodities with John Kilduff, Again Captial founding partner and CNBC contributor.
CNBC's Jackie DeAngelis reports from Nebraska about President Trump's approval for the Keystone XL Pipeline and how it will affect oil prices.
CNBC's Jim Cramer share his thoughts on why he is not too excited by the State Department's approval for TransCanada to build the Keystone Pipeline.
Here's why oil prices will continue to fall, at least in the short-term, says Andy Lipow.
Kate Richard, Warwick Energy CEO, discusses the plunge in oil prices and what it means for energy producers.
Despite OPEC's efforts to curb crude oil output, rising inventories in the US and drilling activity are dragging down investor spirits.
The Trump administration's war on regulation and reported cuts to agency budgets are obstacles to making clean coal a reality.