When you’re known as the energy capital of the world, oil busts are nothing new. But Houston now finds itself in uncharted territory — grappling with an oil downturn in the middle of a pandemic. Like in other cities, the …
The Oklahoma Corporation Commission approved an emergency order on April 22 that allows oil producers to stop or reduce production without losing their leases for non-production. The three-member, all-Republican panel that regulates the oil and gas industry in Oklahoma issued …
While the per barrel oil price has rebounded somewhat after it plunged to under $45 per barrel in March 2015, the energy industry — and by extension the energy-focused insurance sector — continues to adjust to the impact of the …
Oil and gas companies, as well as service contractors, manufacturers, distributors, transportation companies and any entity that supports the energy complex including, local banks, construction firms and real estate markets in oil towns across the country, are in the midst …
