Energy

Heard on the Street

Fracking is unique and revolutionary. Understanding the mechanics and economics of it can help investors understand the dizzyingly cyclical nature of energy markets.

Overheard

The first auction of federal leases for oil production in California in eight years probably won’t result in any crude production, but the bidders have little to lose.

Business

Weary of poor shale returns, investors seek better results from startups focused on battery storage and other emerging technologies.

U.S. Markets

The Dow and S&P 500 slipped after jobless claims jumped sharply last week, though energy shares rallied.

Pro Bankruptcy Newsletter

Superior Energy became the latest oil and gas drilling services company to file for chapter 11, while J.C. Penney said it is exiting bankruptcy and has closed a deal to sell its operations to mall owners. The  Small Business Administraion took issue with Astria Health’s restructuring plan.

Oil Markets

OPEC put off its decision about whether to extend oil output cuts until Thursday, when the cartel plans to meet with Russian-led producers.

Business

By some measures, the coronavirus pandemic hit the energy industry harder than any other major segment of the U.S. economy, and while crude prices have staged a rally recently, the sector is still going through one of the most brutal years in its history.

Oil Markets

OPEC and its Russia-led partners are leaning toward extending oil production cuts for another two to three months, according to officials familiar with the discussions, a move they hope will keep markets tight even as prices start to recover.

WSJ News Exclusive

The energy supplier is trying to sell its portfolio of LNG supply contracts and other assets, according to people familiar with the matter, as it seeks to simplify its operations amid volatile LNG prices.