Refusal by global-warming activists to address core issues has gone from tiresome to annoying. President Barack Obama committed the dodge in his State of the Union address on ...
Gulf of MexicoEnergy XXI, Houston, reported that it will plug and abandon its Merlin well on Vermilion Block 179 in the Gulf of Mexico.Merlin, which was drilled to 19,915 ft MD...
ConocoPhillips reported full-year earnings of $9.2 billion in 2013, an increase from the $8.4 billion totaled in 2012, which included $1.2 billion from downstream operations before...
Valero Energy Corp., the largest US independent refiner-marketer, plans to invest $730 million in upgrading two of its Texas refineries to process increased volumes of light crude...
Iran can push production of crude oil back to 3-3.5 million b/d "relatively quickly" in the absence of international sanctions, says a veteran observer of the Islamic Republic...
The US oil and gas industry finished 2013 strong when it came to mergers and acquisitions, but the late-year push to a total of 182 deals totaling $115.9 billion wasn't enough...
Hess Corp. reported that its exploration and production capital budget for 2014 is expected to reach $5.8 billion, almost have of which, $2.85 billion, will be spent on unconventional...
Unconventional resources in the US constituted the oil and gas industry's largest source of growth in 2013—a trend that's expected to continue into 2014, Ernst & Young indicated...
Countries already are making geopolitical moves to secure Arctic oil and gas resources despite actual development being decades away in most cases, experts agreed at a Woodrow...
Royal Dutch Shell PLC will not resume activity on federal leases it holds offshore Alaska in 2014 because a US appeals court's Jan. 22 decision in a 2008 lawsuit against the US...
Witnesses on both sides of the debate over whether to expand US crude oil exports used improved energy security and creation of more domestic jobs to support their viewpoints ...
The proposed Keystone XL crude oil pipeline's construction and operation would not have significant environmental impacts, the US Department of State said in its long-awaited ...
Oil production from the Permian basin in West Texas is once again on the rise. According to the January Drilling Productivity Report published by the US Energy Information Administratio...