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Whiting Petroleum Slashes 2017 Budget After Quarterly Loss
Wednesday, July 26, 2017 Whiting Petroleum slashed its 2017 budget by 14%, the latest company to curtail spending due to weak commodity prices.

Seadrill Warns Again Of Chapter 11 As Extends $14B Debt Talks
Wednesday, July 26, 2017 Seadrill again delayed restructuring its $14 billion in debt and liabilities and reiterated that Chapter 11 bankruptcy was likely.

Hess Slashes 2017 Capital Budget After Quarterly Loss
Wednesday, July 26, 2017 Hess slashes its 2017 capital budget by 4% after posting a wider-than-expected quarterly loss on low crude prices and a dip in production.

Halliburton Sees N. America Rig Count Flattening, Shares Down
Monday, July 24, 2017 Halliburton reported impressive second quarter results but warned the growth in North American rig count was "showing signs of plateauing."

Mexico's Pemex Says $5B Bond Deal Covers Needs Through 2018
Monday, July 24, 2017 Pemex says that recent bond placements totaling about $5 billion would cover its minimum financing needs through the end of 2018.


  


Husky Energy Posts Smaller 2Q Loss On Higher Oil Prices
Friday, July 21, 2017 Husky reports a smaller loss, helped partly by higher oil prices and an increase in production.

Canada's Encana Smashes Profit Estimates, Shares Rise
Friday, July 21, 2017 Encana posts a quarterly profit that handily beat analysts' estimates and raised its full-year core asset production growth forecast.

Unfazed by Low Prices, Bankers Remain Confident in Oil Lending
Friday, July 14, 2017 Fears of a long spell of low oil prices haven't shaken Wall Street's confidence in the sector.

The Rigzone Interview: Private Equity Cash Focuses on Oil, Gas Development
Thursday, July 13, 2017 Upstream private equity focuses on developing oil and gas assets, energy investment pro Claire Harvey tells Rigzone in exclusive interview.

Britain Seeks Looser IPO Rules To Lure Saudi Aramco, Worries Investors
Thursday, July 13, 2017 Britain wants to loosen rules on listing state companies in a move that could help London win the lucrative IPO of oil giant Saudi Aramco but has raised fears for minority investors.


 
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