Oil & Gas News

As officials in Denton prepare to decide whether that city will become the first in Texas to ban fracking, a drilling technique used to unleash natural gas in the Barnett Shale, the business community has financed a new study warning of substantial economic harm if the proposed prohibition is put in place.

As the Denver Post's Lynn Bartels reports , there's a simple reason why the oil and gas industry and their political allies are losing their minds about ballot measures supported by Rep. Jared Polis to increase local control over drilling and hydraulic fracturing.

Wrapping up her five-day "Texans Deserve to Know" tour, Democratic gubernatorial candidate Wendy Davis went on the offensive Saturday, telling supporters in Austin that her Republican opponent, Attorney General Greg Abbott , was an "insider working for other insiders."

Published this weekend, the fifth annual Sunday Times HSBC International Track 200 league table ranks Britain's private companies with the fastest-growing international sales.

Rapid City and counties around the Black Hills are reporting a sharp rise in cases of Shigellosis.

Has the stock market, which continues to reach new highs, topped out? Not yet. Here are four reasons I believe the stock market hasn't reached its peak.

A pair of pending federal permit applications are just about the only things delaying gas drawn from Susquehanna County to be shipped to Japan and India.

Detainees sleep at a U.S. Customs and Border Protection facility in Brownsville.

The alleged fraudulent charges were made at the Chevron on the corner of John Reddit Dr. and Old Union Rd. in Lufkin on July 10th.

Gas prices at the pump during the July 4th extended weekend were the highest they have been in six years.

New York's homeland security agency is refusing requests from freight railroads to further restrict public information about their crude oil shipments, concluding it's not sensitive security information and will be given to local emergency planners.

John Seigenthaler, the journalist who edited The Tennessean newspaper, helped shape USA Today and worked for civil rights during the Kennedy administration, died Friday at his Nashville home at age 86, his son said.

A drilling rig towers above the scrub in South Texas' Eagle Ford Shale. Penn Virginia Corp. says it's paying $45 million for an additional 10,000 acres in the oil-and-gas formation.

Tomorrow, Saturday June 12, activists from impacted communities in the Bay Area refinery corridor and along crude by rail blast zones will come together for the fourth of four Refinery Healing Walks , which have traced a path of pollution from oil refinery to oil refinery across the northeast San Francisco Bay.

Environmental Coordination Services & Recycling on South Broadway Avenue is looking for workers, with applications available in a box outside or by calling the headquarters at 814-425-7773.

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by one this week to 1,875.

The Red Deer Creek fire burning southeast of the mining community of Tumbler Ridge was caused by a lightning strike Talisman Energy Inc. says a wildfire burning in northeastern B.C. has forced the evacuation of its Ojay gas plant and shut in about 2,000 to 3,000 barrels per day of production.

Halliburton said Friday it is entering its first joint venture in China that will use hydraulic fracturing, or fracking, to unleash energy.

The price of oil began to fall again on Friday, giving up most of the gains it had made the previous day in the first rally in two weeks.

TheStreet Ratings team rates EXXON MOBIL CORP as a Buy with a ratings score of A-.