Indianapolis-based CountryMark Cooperative Holding Corp. said Friday morning that it has agreed to pay $125 million to purchase a portion of the oil and natural gas operations of Continental Resources Inc. in Oklahoma City.
The oil industry says a new oil pipeline from Canada to the Gulf Coast might create jobs for Indiana residents if the Obama administration approves its construction.
Indianapolis-based Republic Airways Holdings Inc. said Monday that it is reducing growth plans for its Frontier Airlines unit because of uncertainty about future oil prices.
Indianapolis-based oil cooperative says it has made a "significant" oil find at a well site in western Indiana on property owned by the Hulman family.
Midwest Energy Partners will back two oil/gas producers. New technologies could stoke investor returns from wells in Illinois
Basin, where production peaked decades ago.
The man overseeing the much-maligned response by BP PLC to the Gulf oil spill crisis is the likely choice to replace gaffe-prone
Tony Hayward to run the company and would become the first American to ever head the oil giant.
Heritage-Crystal Clean Inc. plans to build an oil re-refinery in Speedway, creating as many as 75 new jobs by 2013.
Indianapolis-based CountryMark, a co-op that provides fuel to farmers, has acquired 600 oil wells and other assets in the
Sky-high oil prices have rekindled an industry in east-central Indiana that many thought had run its course a century ago.
A handful of wily prospectors motivated by oil prices approaching $150 a barrel are betting that’s not the case.
Increased oil and natural gas prices are hammering many manufacturers, but Franklin-based Grimmer Industries Inc. is flying high. Grimmer specializes in making Hurricane brand air compressors and compressor boosters used in oil and natural gas well drilling and aggregate mining.