Crude traded near $50 a barrel in New York before U.S. government data on inventory levels in the world’s biggest oil consumer.
The flood of oil inundating the U.S. Midwest is about to cascade down to the Gulf Coast.
From oil companies to scientific equipment makers, enforcement actions resulted in total corporate penalties of $1.57 billion in 2014 and averaged a record $156.6 million.
A price drop of 50% may have more to do with investor overreaction than oversupply globally of 1-2%.
The company is also seeking a JV partner and leadership is considering the sale of selected assets in the Marcellus.
About 70% of those surveyed late last year expect more M&A in 2015.
Four executives talk about the art of exiting a deal.
The president of the Marcellus Shale Coalition commented on Pennsylvania Gov. Tom Wolf's recently revealed energy tax proposal.
76% think impact on U.S. economy would be positive.
Linn Energy’s Blackmon warns against adopting ‘tactics’ over ‘strategy.’
Former Secretary of Transportation LaHood speaks about the ongoing revolution of LNG fuels.
Upstream capex in the play is expected to surpass $4 billion in 2015.