Oil & Gas News

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.

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by 12 this week to 1,775.

Tidewater Inc. is adding a new dimension to its fleet with $30 million worth of vessels to work on the ocean floor.

A $6.4 billion gas project being built by Chevron in China is facing further delays due to disagreements with partner PetroChina over how to develop the technically tricky fields, three industry sources said.

A university study suggests Canada's First Nations harbour a deep mistrust of the oil and gas industry, but are willing to talk energy development if it can be proven to be beneficial to them.

The U.S. economy grew at a 3.6 per cent annual rate from July through September, the fastest since early 2012.

Shares in Precision Drilling Corp. dropped Thursday as its largest shareholder, Alberta Investment Management Corp., sold its entire 20 per cent stake in the oilfield services giant.

December 5, 2013 - DNV GL Oil & Gas has appointed Moss Daemi as the Director of its Middle East, India and North Africa Division.

Iran appears to be trying to take quick advantage of the thaw in relations with the West caused by the interim deal freezing much of its nuclear program in return for limited sanctions relief.

Pipeline giant Enbridge Inc. is hiking its quarterly dividend by 11 per cent and increasing its earnings targets for 2014 from this year's range.