Oil producers' earnings during the second quarter benefited from strong prices and healthy production volumes, although oil price realizations were down from a year earlier.
Chesapeake Energy Corp. announced multiple agreements to sell most of its Permian properties, substantially all of its midstream assets, and certain noncore leasehold for total...
Outside the oil patch, energy doesn't seem to be a factor in the US presidential election. When the issue is raised, it's usually the Joe Six-Pack complaint, "Gasoline prices ...
Unit helps monitor, control wellbore conditionsThe Smart Pumper from Houston-based Smart Pumper automatically controls and regulates any variable frequency drive (VFD; electric...
Approaches to green energy are diverging on opposing sides of the Atlantic as the incumbent US administration presses expensively forward and European governments come to their...
ArgentinaAmericas Petrogas Inc., Calgary, has begun to production test the operated LTE.x-1 well on the Los Toldos II block in Argentina's Neuquen basin after performing a five...
TransCanada Corp. filed a supplemental environmental report (SER) with Nebraska's Department of Environmental Quality that contains a preferred alternative route for the proposed...
Hurricane Isaac uncovered limited amounts of residual oil associated with the 2010 Macondo deepwater Gulf of Mexico oil spill, BP PLC said Sept. 11, adding that the Macondo oil...
Plains Exploration & Production Co. agreed to buy a number of deepwater Gulf of Mexico assets from BP PLC for $5.55 billion as part of BP's previously announced plan to divest...
Winstar Resources Ltd., Calgary, said an external study indicates vast gas potential in the Silurian Tannezuft hot shale in the Ghadames basin in southern Tunisia as the company...
The South African government lifted a moratorium on shale gas exploration in Karoo basin although the Petroleum Agency of South Africa indicated that regulatory details continue...
US voters will be able to choose between energy policies that embrace future technologies and responsibly develop more conventional resources, or a strategy that would reverse...
An American Petroleum Institute official asked the US Environmental Protection Agency's Scientific Advisory Board (SAB) to quit excluding oil and gas industry experts from studies...