Oil Falls On U.S.-China Concerns, Oversupply Concerns
Oil prices retreat from Friday's eight-week high, ending the session 1.2% lower on continued worries over global oversupply and fears that a supposed U.S.-China trade deal may not come together as expected.
An Overpriced IPO Won't Help Aramco
By insisting on a high starting price for the Saudi oil giant, Crown Prince Mohammed bin Salman risks hitting local individual investors.
Sanchez Energy Wants to Override Junior Creditors on Restructuring Officer
Sanchez Energy is seeking to appoint its preferred candidate for a chief restructuring officer at the behest of its top lenders, despite junior creditors' requests for a different selection, according to a court filing.
Manufacturers Face New Threat From Fracking Slump
Slowing shale-drilling activity is the latest damper on U.S. manufacturers that had come to rely on a booming domestic energy market.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities.
EP Energy Bondholders Want Control of the Company
Weighed down by $4.9 billion in debt and slumping oil prices, EP Energy filed for chapter 11 protection last month, the largest bankruptcy among U.S. energy producers since 2016. The Houston-based company has proposed a restructuring backed by junior bondholders that would turn them into shareholders while cutting $3.3 billion in debt.
MDC Energy Lenders Looking Into $9 Million Transfer Before Bankruptcy
MDC Energy LLC's lenders are scrutinizing a $9 million payment the troubled oil-and-gas drilling company made weeks before filing for bankruptcy, lawyers said Friday, as a battle for control of the business looms.
Ford's Big Bet: New Electric SUV to Wear Mustang Logo
Ford is expanding the Mustang nameplate beyond its traditional two-door sports car and unveiled a new all-electric SUV to be called the Mustang Mach-E.
U.S. Oil Rig Count Falls by 10 From Last Week, Fourth Consecutive Decline
The number of rigs drilling for oil in the U.S. fell by 10 in the past week to 674, the lowest level since April 2017.
Ill Wind from U.S. Shale Patch Kicks Up Sandstorm
The epic growth in fracking that recently turned the U.S. into a net exporter of petroleum products has spawned entirely new industries. One of them is the supply of sand.