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MARKET WATCH: US, Brent oil prices rise on geopolitical tensions

Dec 8, 2017 What's New

Brent crude oil for February delivery gained nearly $1 to settle above $62/bbl on the London market Dec. 7. The benchmark continued gaining on Dec. 8. Analysts credited both Brent and US benchmark oil price...

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Pipeline explodes in southeastern New Mexico oil patch

Dec 8, 2017 What's New

The pipeline that exploded early Wednesday morning is in a sparsely populated area about 10 miles (16 kilometers) south of Carlsbad and is believed to be used for natural gas. Pipeline explodes in southeastern New...

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Baker Hughes: US rig count ticks up 2 units to 931

Dec 8, 2017 What's New

The US drilling rig count climbed for the fifth straight week with a 2-unit...

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EIA: US crude oil inventory fell by 5.6 million bbl

Dec 6, 2017 What's New

US commercial crude oil inventories, excluding the Strategic Petroleum...

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Developer abandons plans for long-stalled Cape Cod wind farm

Dec 6, 2017 What's New

Cape Wind Associates notified the federal Bureau of Ocean Energy Management...

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MARKET WATCH: Brent crude oil drops below $63/bbl

Dec 6, 2017 What's New

The light, sweet crude oil contract for January delivery fell nearly 90¢ but...

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The oilfield meets the sun at California’s largest solar energy project

Dec 1, 2017 What's New

Located at the Belridge oilfield west of Bakersfield, the integrated solar...

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