Two more producers agreed to make payments to settle federal charges that they knowingly underpaid natural gas royalties in an ongoing investigation originating with a whistle...
An estimated 1.5 trillion bbl of oil in place lies in Western Colorado's Piceance basin oil shale, the US Geological Survey said in the first comprehensive assessment published...
An exploratory well off Mozambique has penetrated 38 m of net oil and gas saturated sands in the upper of two Cretaceous fan lobes, signaling the first documented occurrence of...
Remember Sheikh Ahmed Zaki Yamani? The man who is famous for that saying about the Stone Age? You know: the Stone Age did not end because people ran out of stones?
Transocean Ltd., owner of the Deepwater Horizon semisubmersible drilling rig, filed a quarterly report with the US Securities and Exchange Commission outlining 206 claims filed...
BP PLC flushed hydrates from inside Transocean Ltd.'s Deepwater Horizon semisubmersible blowout preventer and a capping stack on the blown-out Macondo well in the Gulf of Mexico...
Uganda's President Yoweri Museveni, apparently spurred by recent difficulties between his government and Heritage Oil PLC over taxes, said no future oil or gas agreements are ...
Venezuela's oil exports dropped 16% in this year's second quarter, largely due to increased use of domestic fuels for electric power, according to a quarterly report by the central...
Despite the near-stampede to oilier unconventional plays, the US upstream sector remains a highly natural gas-focused industry that is navigating a "messy period" that may not...
Eliminating federal tax deductions for intangible drilling costs and for US oil and gas production expenses would hurt oil production growth and devastate future US natural gas...
Oil and gas production safety has been a major issue since 11 workers died when the semisubmersible rig drilling BP PLC's Macondo deepwater well exploded on Apr. 20.
Penn West Energy Trust (PWE) agreed to form a 50-50 joint venture with Mitsubishi Corp. to develop PWE's shale gas assets in the Cordova Embayment area and some of its conventional...
Afghanistan's ministry of mining announced the discovery of an oil deposit in the northern region of the country, estimating reserves of 1.8 billion bbl.
Enbridge Inc. affiliates Enbridge Energy Partners LP (EEP) and Enbridge Income Fund (EIF) announced Aug. 24 a joint project to further expand crude oil pipeline capacity for growing...
Seattle geologist and writer Scott L. Montgomery has authored a book under the above title from which many on the planet could learn a lot about energy.
