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China's Natural Gas Demand Feels the Heat from Economic Slowdown

On 12 Feb, 2016

China's Natural Gas Demand Feels the Heat from Economic Slowdown

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.

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Consultancy: Hunt For UK North Sea Oil, Gas To Hit 45-Year Low

On 12 Feb, 2016

Consultancy: Hunt For UK North Sea Oil, Gas To Hit 45-Year Low

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.

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Baker Hughes: US Oil Drillers Cut Rigs To Least In 6 Years

On 12 Feb, 2016

Baker Hughes: US Oil Drillers Cut Rigs To Least In 6 Years

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.

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Chesapeake's Half-Billion Dollar Tab Spurs Credit Line Concerns

On 09 Feb, 2016

Chesapeake's Half-Billion Dollar Tab Spurs Credit Line Concerns

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.

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