Articles Tagged "United States"

Half of US Fracking Companies Will Be Sold Off or Closed by End of the Year

The Financial Post reported that half of the 41 fracking companies in the US will be dead or sold by the end of the year due to the huge decrease in spending by oil companies, according to an executive with Weatherford International Plc (NYSE:WFT).

Peninsula Energy: Ready to Start Production in Q3 2015

Peninsula's Lance projects, which are fully funded and in the final stages of construction, are situated in Wyoming and are set to begin production in the third quarter of this year. Resource Investing News spoke with Executive Chairman Gus Simpson to find out how the company got to that point and what's next.

Major Gas Pipeline Explosion Injures At Least 11 People in California

Business Insider reported that a large gas pipeline explosion in California on Friday has left 11 people injured. A county equipment operator was working with a jail inmate crew to expand the road on the Fresno County Sheriff's office gun range at the time of the accident, although the cause of the explosion is still uncertain.