Laredo snaps up Broad Oak, creating larger Permian player
Joining of two private E&P firms creates a larger firm with a presence in Texas' Permian Basin.
View ArticleOil producers unite to lobby for crude exports
Fourteen of the nation's largest independent oil companies are banding together to lobby for the right to export crude around the world. It's a sign the industry is revving up for a big, coordinated...
View ArticleU.S. shale junk debt tumbles amid oil crunch
Prices for the risky corporate bonds that have fueled the U.S. shale energy boom are plummeting as oil prices have fallen below $60 a barrel for the first time in more than five years.
View ArticleDrillers betting that oil rally won’t last
Oil producers aren’t betting on the rally. After surviving two years of low prices, they’re gearing up for a third by buying protection against a renewed downturn. Laredo Petroleum Inc. said July 14...
View ArticleSawtooth Mountain: When oil companies buy land to protect it
An unusual consortium has banded together to keep oil and gas drilling away from Sawtooth Mountain, a jagged and iconic peak near West Texas’s Big Bend National Park. Four oil companies, an energy...
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