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Energy Failures Push US High-Yield Default Rate to 6-Year High

On 12 Jul, 2016

Energy Failures Push US High-Yield Default Rate to 6-Year High

U.S. high-yield bonds in default reached the highest levels in at least six years as more energy companies buckled under pressure from stagnant oil prices.

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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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