Oil & Gas News

The nationwide shale boom has greatly imports since the $1.1 billion Gulf LNG terminal opened near the Bayou Casotte Ship Channel.

After early complaints that out-of-state firms got the most jobs, some local construction trade workers and union members in Pennsylvania, Ohio and West Virginia say they're now benefiting in a big way from the Marcellus and Utica Shale oil and gas boom.

Supporters of the oil and gas industry are urging a three-member, governor-appointed task force to avoid jumping to conclusions in its study of whether man-made activity is causing a rise in earthquakes across south-central Kansas.

Southland gas prices have risen dramatically over the past week, and one industry expert figures they'll remain above $4 a gallon until September.

The number of Americans who believe U.S. oil should be kept on U.S. soil to lower gasoline prices rose in the last four months, a new Reuters/Ipsos poll said in late March.

The premier of Alberta and the head of TransCanada Corporation both expressed frustration at the U.S. government Friday for once again delaying a decision on the company's controversial Keystone XL pipeline.

Rumor has it that MediaTek is helping Google come up with a sub-$100 Nexus Android phone.

Unusually severe winters can be both a blessing and a curse for the energy industry.

Rajat Gupta , the former Goldman Sachs Group director convicted in a 2012 insider trading scheme tied to the Galleon Group hedge fund, agreed to surrender to prison authorities on June 17 to begin a two-year sentence, a federal judge in Manhattan said.

Carrizo Oil & Gas CAO David L. Pitts sold 5,000 shares of Carrizo Oil & Gas stock on the open market in a transaction that occurred on Thursday, April 17th.

The Pennsylvania Department of Environmental Protection will file a Notice of Violation against Range Resources Corp. for a spill at their John Day Impoundment in Washington County, the DEP said Friday.

Insiders continue to sell at an above average clip in the energy sector. However, there remain a number of situations where insiders are buying.

A legal controversy - critics would say scandal - has erupted in Alaska's statehouse over the future of its natural gas bounty .

A legal controversy - critics would say scandal - has erupted in Alaska's statehouse over the future of its natural gas bounty .

Maryland's attorney general said Friday that his office is suing the oil company BP over alleged pension investment losses following the 2010 Deepwater Horizon.

The Africa Centre for Energy Policy has attributed the forgery of the Energy minister's signature by oil company Miura Petroleum to claim ownership of the Offshore Cape Three Point South block in Ghana to the secrecy surrounding oil deals in Ghana The centre says adopting an open and competitive process for granting oil and gas concessions must ... (more)

Atlas Oil Co. announced its planned sale of its BP -branded assets in Chicago and northwestern Indiana to Lehigh Gas Partners LP , Allentown, Pa, and Parent Petroleum Inc., St. Charles, Ill.

Southeastern Asset Management Inc., the owner of one of every 10 shares in Chesapeake Energy Corp. , is more bullish on the natural gas producer as Chief Executive Officer Doug Lawler trims costs.

File photo of a pipeline system. Kinder Morgan Energy Partners has lined up commitments for two-thirds of its new pipeline connecting Eagle Ford Shale customers to the Houston Ship Channel.

Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist.