Oil & Gas News

Prosecutors charged the company with paying more than $6 million in bribes, in violation of the U.S. Foreign Corrupt Practices Act.

Spokesman Shawn Howard says the company began filling the US$2.3-billion line with oil Saturday morning in Cushing, Okla.

The crew of the GSF Grand Banks are being commended by the rig owner for their work in handling the semi-submersible, after the rig lost its tow and spent two unplanned days on its own in the North Atlantic last week.

Energy companies trying to raise almost $50 billion for Canada's first network of natural gas export terminals will face an even more basic challenge: finding the workers to build them.

Residents of La Vega, Guatemala, try out the new well, constructed last year with the help of a team of Fort Wayne City Utilities volunteers.

Cairn India Ltd., the nation's biggest onshore crude oil producer, is proposing swap deals in the commodity to help skirt the government's ban on exports that yield higher margins.

Kate Carr, Chairperson of Safe Kids Worldwide, Dr Khalid Abdulnoor Saifeldeen, Director of Hamad International Training Centre and Chairman of the Kulluna Safety Campaign, and Gary Sykes, President of ConocoPhillips Qatar, during a press conference at HITC yesterday.

While natural gas isn't the hot commodity it once was, it still has the potential to fuel a rise to the top for natural gas stocks in 2014.

Oil production in America is booming. We're producing more oil than we have in nearly two decades.

Louisiana's economy is under attack. The oil and gas industry has been the significant driver in our state's economy for more than 100 years.

The oil and gas industry set another activity record last month - the fourth in a row - as the Texas Petro Index reached an historic high of 293.7. Even though natural gas production declined slightly this year , crude oil increased an incredible 20.8 percent and employment is up almost 60,000 jobs over the previous record set in 2008.

Iranian Oil Minister Bijan Zanganeh named the seven in order: Total of France, Royal Dutch Shell, Italy's ENI, Norway's Statoil, Britain's BP and US companies Exxon Mobil and ConocoPhillips .

Local communities that are involved in fracking of natural gas should get the greatest say whether or not such methods of gas extraction are safe, Adam Briggle, a professor at the University of North Texas and an environmental activist, told RT.

Chevron won approval to drill exploratory wells in the town of Pungesti, but halted work for a second time Saturday after residents blocked access to the site.

The Senate proposal would allow the government to grant contracts for exploration and extraction of oil and gas to multinational giants such as Exxon or Chevron, something that is currently prohibited under Mexico's constitution.

SunoCo Logistics Partners LP 's share price reached a new 52-week high on Friday, Analyst Ratings Net reports.

The Federal Reserve Bank of Dallas reports that oil and gas companies in Texas and nearby states are expecting continued growth next year.

A small but growing band of residents who want more roadways turned into bicycle paths is gaining momentum in this automobile-dominated city that is home to the Bay Area's largest oil refinery.

Don't expect the speculation about a possible feud between Alaska Airlines and Delta Air Lines to die down anytime soon.

In October, a protest near Rexton turned violent when police enforced a court-ordered injunction to halt the blockade of a compound used by SWN Resources to store equipment.