Oil & Gas News

Schlumberger Ltd, the world's largest oilfield services company, reported a profit that beat analysts' estimates for the tenth straight quarter, but revenue fell short of expectations due to reduced drilling and pricing pressure in Latin America.

But here's the rub: Relieving congestion downstream is simply likely to expose choke points further upstream, traders say, as unexpected delays in securing a U.S. permit to expand a major segment of its 5,363km Mainline system leaves Canada's heavy crude bottled up for months more.

The new building will serve as the eastern anchor of the university's main quad and significantly increase space for the business school's 5,000 students and faculty members.

The way to beat Vladimir Putin is to flood the European market with fracked-in-the-USA natural gas, or so the industry would have us believe.

First quarter ... )--SanDisk Corporation , a global leader in flash storage solutions, today announced that the Board of Directors has declared a second quarter 2014 cas... )--Engility Holdings, Inc. , today announced that it has won a $40 million single award indefinite-delivery/indefinite-quantity contract to support mo... )--Kinder Morgan, Inc.

On April 15, the Central Narcotics Bureau launched an operation targeting a syndicate that has been actively distributing Ice in Singapore.

That's because MLPs pay investors almost all the money they bring in, and sometimes even more.

ExxonMobil, the world's largest oil company, hauled in a $32.6 billion profit last year.

The shareholders of Lundin Petroleum AB are hereby given notice of the Annual General Meeting of Shareholders to be held on Thursday 15 May 2014 at 1 p.m. .

A customer purchases gas Tuesday at the Mobil station at the corner of Diamond Bar Boulevard and Golden Springs Drive in Diamond Bar, where a gallon of regular unleaded sells for $4.79.

CARLSBAD >> A lawsuit over the county's ability to assess taxes against the oil and gas industry is awaiting an appellate court's decision.

Encana Corp. has advanced its plans for spinning off a portion of its assets in Western Canada into a separate publicly traded business, to be called PrairieSky Royalty Ltd .

Schramm Inc, which built the drilling rig that four years ago helped rescue 33 trapped Chilean copper miners, has designed a 500,000-pound rig for the oil and natural gas industry that can walk, rotate 360 degrees, be operated with a remote control, and load pipe automatically.

Salvage operations for a barge that overturned and sank last week in the Mississippi River in northeast Arkansas are expected to begin.

Tulsa-based energy company Unit Corporation has announced it will contribute $3 million for the city's newest park planned along the Arkansas River.

MGM Energy Corp. announced today that, further to its March 11, 2014 press release, it has entered into a formal arrangement agreement with Paramount Resources Ltd. whereby Paramount would acquire all of the common shares of MGM Energy not currently owned by Paramount.

Hess Corp. is alerting its South Florida and Treasure Coast customers after more than a dozen of its gas stations were targeted by "skimming."

ConocoPhillips says it will resume exports of liquefied natural gas from a Kenai Peninsula facility.

The Toronto stock market was higher Monday amid a strong reading on U.S. retail sales and major deal-making in the resource sector.

Encana Corp. will sell substantially all the assets of a Denver-based liquefied natural gas unit to Texas-based Stabilis Energy under an agreement announced Monday.