Oil & Gas News

Energy XXI is buying EPL Oil & Gas Inc. for about $1.53 billion in a deal that the companies say will create the biggest publicly-owned independent oil producer on the Gulf of Mexico shelf.

Masayoshi Son, chairman and chief executive officer of SoftBank Corp., reacts during a news conference in Tokyo on March 5. And so, the excited chief executive of Japanese Internet and telecom firm SoftBank launched a push to win support for a merger between Sprint and smaller rival T-Mobile US In appearing on the Charlie Rose show, the media-savvy ... (more)

's stock had its "outperform" rating reiterated by equities researchers at Sanford C. Bernstein in a research report issued on Tuesday, Analyst RN reports.

Officials with the Los Angeles Police Commission are getting their first wave of feedback on a pilot program to test the use of body cameras on police officers.

Uncertainty over the Keystone XL pipeline is a "black mark" that's been keeping investors away from the Canadian junior energy space, says a Calgary investment banker.

Crimea's hastily organized vote this weekend on whether to leave Ukraine to join Russia is threatening Black Sea oil and natural gas drilling prospects coveted by Exxon Mobil Corp. and Eni SpA.

Total Energy Services Inc. is raising its dividend 20 per cent despite reporting flat earnings in the fourth quarter.

Bombardier Inc. . Aerospace. Up 17 cents, or 4.72 per cent, to $3.77 on 8.8 million shares.

The stock-for-stock transaction announced Monday creates a global banana and fresh produce company with $4.6 billion in annual revenues.

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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