US works to ease Caribbean dependence on Venezuelan oil
Obama floats offering first-ever offshore drilling lease in Atlantic
API: Exploratory oil drilling increased 75 percent in Q4
US House passes bill aimed at expediting natural gas exports
The US drilling rig count plunged 90 units—a majority of which were in Texas—to settle at 1,543 rigs working during the week ended Jan. 30, Baker Hughes Inc. reported.
As supply and demand balances loosened in the second half of 2014, global inventories increased and crude oil prices for near-term delivery declined substantially more than prices for delivery further into the future.
Low oil prices might drive surge in restructuring in 2015
Natural gas prices drop after storage report
Offshore drilling plan may restrict sensitive Arctic Ocean areas
Chevron’s $35 billion capital budget down 13% from last year