On 12 Feb, 2016
Though touted as the cleanest-burning fossil fuel and a means to help China mitigate its ongoing air pollution quandary, natural gas will be unable to escape the impact of the country's economic slowdown.
The number of new exploration wells to be drilled in the British part of the North Sea this year is set to fall to the lowest since the hunt for oil and natural gas began there in the early 1970s, research by consultancy 1Derrick showed.
U.S. energy firms this week cut oil rigs for an eighth week in a row to the lowest levels since January 2010, data showed on Friday, as energy firms continue to cut spending due to the collapse in crude prices.
On 09 Feb, 2016
Chesapeake Energy Corp.’s ability to pay off a half-billion dollars in debt next month hinges on how much of a $1.76 billion nest egg.