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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.

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Oil 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...

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U.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.

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Drillers 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...

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Sawtooth 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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