US oil boom will slow in 2015, feds forecast
U.S. daily crude production will slow next year for the first time since the nation’s shale oil boom began in earnest, according to a new federal forecast.
View ArticleRangeland building oil and gas hub in New Mexico
New Mexico Gov. Susana Martinez applauded the company’s investment in the state.
View ArticleEnding oil export ban drawing more talk on Capitol Hill
The head of a Republican energy task force predicts the U.S. House of Representatives will advance legislation next year to relax a decades-old ban on exporting most U.S. crude.
View ArticleOil producers betting on bigger price drop
Companies are hedging more and drilling less amid concern that the biggest slump in prices since 2008 will continue.
View ArticleNabors cuts nearly 3,500 jobs as U.S. drilling takes big hit
Nabors' active U.S. rig count has fallen 32 percent from its peak last year, according to the company's CEO.
View ArticleKey House Republican backs oil export debate
It's time for Congress to consider revising the decades-old ban on crude exports, said Rep. Fred Upton, R-Mich., the chairman of the House Energy and Commerce Committee.
View ArticleCalifornia regulators to restore emissions-cutting fuel rule
California regulators are poised to restore a first-in-the-nation climate change program that requires a 10 percent cut in carbon emissions on transportation fuels sold in the state by 2020, despite...
View ArticleGoldman Sachs says crude may have to sink to $20 to force U.S. production cuts
Though current oil prices are projected to help curb U.S. production by more than half a million barrels a day next year, so far the nation’s rig count and domestic oil-company spending plans are too...
View ArticleSchlumberger chief: Oil services crisis isn’t just oil prices
The oil service industry needs a fundamental shift in the way it approaches working with exploration and production companies if it's to thrive again, the CEO of Schlumberger warned Monday.
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