Oil & Gas News

Canadian Natural Resources Ltd. has pulled an application to resume steaming at its Primrose oilsands site in eastern Alberta, as questions into a months-long bitumen spill there remain unresolved.

America's plan to use more natural gas to run power plants, make chemicals, drive vehicles and heat homes may not go as smoothly as expected.

By raising another $1.25 billion, former Chesapeake Energy CEO Aubrey McClendon now has nearly $3 billion to drill Utica Shale wells across eastern Ohio via his American Energy Partners firm.

Last week the number of drilling rigs targeting oil in the U.S. surged to a record level according to a report on .

Kinder Morgan and BP have an agreement in place to export crude oil via a 100,000 BBL per day "mini-refinery".

Shares of Ensco Plc remained flat at $51.94 during during mid-day trading trading on Thursday.

Sixteen parcels of land act as a buffer zone between the Waste Isolation Pilot Plant and oil drilling activities.

The Koch Industries Inc. headquarters is shown Monday, Nov. 14, 2005, in Wichita, Kan.

Natural gas industry observers will attest that growth in gas production from Pennsylvania's Marcellus shale has surpassed even the most optimistic of projections.

Diamond Offshore's fleet is currently being upgraded at a rate that will return capital to shareholders over the long term.

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The oil and gas industry, the nation's chambers of commerce, and politicians who are dependent upon campaign contributions from the industry and the chambers, claim fracking is safe.

Belmont County may still be in the early phases of the Utica Shale rush, but Gulfport Energy, Antero Resources, Rice Energy, Hess Corp., XTO Energy and others have now applied for 80 drilling from the Ohio Department of Natural Resources.

Local MP Mike Weir recently set out a case for benefits to Scottish industry if the country opts for independence.

Investors are turning away from the North Sea due to a lack of significant new reserves, according to the founder of a leading oil and gas exploration company.

Famed oil bull Andy Hall's hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/2 years, boosted by a rally in crude oil that could help Occidental Petroleum 's chances of selling its stake in the fund.

Bombardier Inc. . Aerospace. Up one cent, or 0.28 per cent, at $3.60 on 6.4 million shares.

Canadian Natural Resources Ltd. is facing 11 environmental charges over the release of a potentially deadly gas near an aboriginal community in northern Alberta.

Riddle's Group Inc. announced Thursday it had purchased Landstrom's Original Black Hills Gold Creations' manufacturing and wholesale division for an undisclosed price.

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by 23 this week to 1,792.