US shale drillers under pressure with oil near $US40
US shale is coming perilously close to puncturing its own rally.
US shale is coming perilously close to puncturing its own rally.
The chance of crude oil prices slumping to $US30-$US35 a barrel for several years has emerged as a real threat, according to one of the world's leading forecasters.
Norwegian oil major Statoil has revived controversial plans for exploration drilling in the pristine waters in the Great Australian Bight, opening up an inevitable battle with environmentalists worried about the risk of an oil leak.
Prime Minister Theresa May and bankers are keen to secure Aramco's listing on the London Stock Exchange. It won't be easy.
It's a three-cornered stare-off between a local oil junior, Australia's regional gas champion and the world's largest independent exploration and development company
New Santos CFO Anthony Neilson says a missing AEMO gas forecast is adding to the uncertainty and weighing on the share price.
The escalation of Woodside and FAR's dispute has potentially delayed a promising oil project off Senegal.
The sensitivity of oil service shares in the US to the broader energy sector negates any prospect of better future earnings.
Futures fell after gaining as much as 1.7 per cent in New York, amid a rethink on the outlook for US crude inventories.
Origin Energy has lined up former BP Australia executive and now Downer EDI chairman Mike Harding to oversee its $1.5 billion oil and gas sp...
Major investors have put US industry on notice that climate change matters.
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