Saudis recall 1998 showdown in taking on U.S. shale rivals
To win the showdown, the Saudis are trying to bring OPEC’s weaker members in line before the Nov. 27 meeting of the organization. More »
Halliburton CEO expects shale to reverse oil price slump
Halliburton CEO Dave Lesar is joining the chorus of oil executives who say they aren’t worried about falling oil prices, and expect them to climb next year. More »
Low oil prices send chills through oil patch
Lower oil prices, while good for the broader U.S. economy, are a threat to what has been a surprising and dramatic surge in oil production in the U.S. More »
Moody’s: Refineries face flat demand, new competition
Shale oil will continue to give U.S. refineries a cost advantage over their European peers, but a few big refinery expansions in Saudi Arabia could steal market share. More »
For Texas farmers, drilling boom comes with a cost
Farmers in Glasscock County, where wells outnumber people more than three-to-one, say they’re losing valuable land to new drilling sites. More »
Shale boom redraws oil routes as Alaska ships to Korea
South Korea received this month a shipment of Alaskan oil for the first time in at least eight years and may buy more. More »
U.S. crude output rises to highest since 1980s on shale boom
U.S. crude production climbed to the highest level in at least three decades last week as the shale boom moved the country closer to energy independence. More »
Cheniere’s Sabine Pass terminal nearing finish line
As companies scramble to announce new plants and expansion projects to capitalize on abundant supplies of cheap, natural gas, Cheniere Energy is nearly finished with the first phase of its liquefaction export terminal. More »
Westlake Chemical plans $330 million ethylene expansion
Construction will generate about 1,000 jobs at its peak, the company said. More »
Apollo buys Houston oil field firm
Apollo Global Management is diving deeper into U.S. shale oil and gas with the purchase of one of the largest private companies in Houston. More »
To solve worker shortage, Dow offers apprenticeships
Dow Chemical expects to hire 60 apprentices, who will receive two to four years of training and on-the-job experience to prepare them for work as chemical process operators, instrumentation and equipment technicians and analyzer technicians. More »
Shale boom tested as plummeting prices threaten U.S. drillers
More supply from hydraulic fracturing and horizontal drilling, and less demand, are contributing to the tumble in West Texas Intermediate crude. More »
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