The Woodford shale in southwest-central Oklahoma is a largely undeveloped oil and gas formation with at least several billion bbl of liquids recoverable, Continental Resources...
Sustained high crude oil prices combined with offshore exploration successes are contributing to rising demand for international jack up drilling rigs in key markets, particularly...
The US Environmental Protection Agency released a proposal designed to ensure that renewable identification numbers (RINs), which refiners and other motor fuel suppliers buy to...
AustraliaMagellan Petroleum Corp., Denver, let a contract to Seabird Exploration FZ-LLC for the seismic recording vessel Voyager Explorer to undertake a 75-sq-mile 3D and an 84...
Scaling up production of biofuels from algae to meet at least 5% of US transportation fuel needs would place unsustainable demands on energy, water, and nutrients, a new National...
Geopolitical worries are keeping prices of crude oil higher than market forces indicate they should be, according to a study published by Chatham House, London.
Leading US oil and natural gas trade associations said they were looking forward to working with a second Barack Obama administration after the president won reelection on Nov...
Oil India Ltd. (OIL) and Indian Oil Corp. (IOC) jointly agreed to acquire 30% of Carrizo Oil & Gas Inc.'s liquid-rich shale assets in the Niobrara basin in Colorado through their...
France's Total SA has signed an agreement with Perth-based Central Petroleum Ltd. to farm into four of Central's application permits in the Georgina basin onshore Northern Territory...