Energy recruiters says oilfield services firms and drillers could face a staffing shortage after cutting hundreds of thousands of jobs. » Read More
U.S. crude production fell under the 9 million barrel a day threshold last week, a welcome development for oil producers heading to Doha this weekend.
Discussing the bull and the bear case on oil rig data, with John Kingston, McGraw Hill Financial.
CNBC’s Jackie DeAngelis looks at the surge in oil prices.
LONDON/ OSLO, April 8- Norway's multi-billion-dollar high-yield bond market has become the latest casualty of the oil industry slump, with looming debt defaults for firms that operate supply ships and drilling rigs set to hammer investors who bet on the once-booming business. This has effectively shut down a part of the corporate bond market that is worth...
New Mexico's oil and gas industry is overshadowed by Texas drilling, but the state is an energy power in its own right.
Goldman Sachs said the net effects of cheaper crude on growth have been "negative so far," given the impact on oil producers.
Commodities specialist Helima Croft tells CNBC oil prices could face a long, onerous process of erasing oversupply.
Kent Moors, Executive Chairman of Energy Capital Research Group, and Kyle Cooper, Managing Director at Criterion Research, discuss the current state of crude inventories and where oil prices are heading.
BOSTON/ NEW YORK, March 23- More cash, lower targets and bigger share awards- not all U.S. energy bosses are feeling the full impact of tumbling oil prices in their paychecks. Oilfield services company Schlumberger NV, for example, used lower earnings targets for the second half of 2015, which helped its CEO Paal Kibsgaard receive total pay of $18.3 million, only...
The dash to $40 per barrel over the past eight weeks won’t last, says oil expert John Kilduff.
You may need an iron stomach to invest in this battered sector, but it could provide the biggest opportunity in years, says Ross Gerber.
The White House reverses their previous stance on oil drilling in the Atlantic Ocean, reports CNBC's John Harwood.
The country's central government orders all ministries and state bodies to implement spending cuts.
Joe Petrowski, Mercantor Partners founder and former Gulf Oil CEO, discusses the energy sector including whether crude has bottomed.
NEW YORK, March 14- The first major upstream oil and gas bankruptcy filing of the year could occur this week as SandRidge Energy Inc, Venoco Inc and Energy XXI Ltd reach the end of grace periods following millions in missed interest payments. The three oil and gas exploration and production companies with operations across the United States, said they would skip a...
CNBC's Brian Sullivan reports from Williston, North Dakota about how the downturn in the drilling industry is affecting the restaurant industry in the town. He speaks with Marcus Jundt, owner of Williston Brewing Co.
CNBC's Brian Sullivan reports from Williston, North Dakota about the state of oil drilling there as oil prices stay low.
As oil prices have collapsed, drilling and overall business are down in Williston, a shale boomtown in North Dakota.
Oil's fall has been spectacular, but the market is not out of the woods. Not by a long shot, says John Kilduff.
In the oil sector, if you're willing to take a long term view, these stocks have potential to rally, says Andy Lipow.