While the oil and natural gas industry has made progress in voluntarily reducing greenhouse gas (GHG) emissions, it also must develop technology that accelerates environmental...
Investors and analysts trying to decipher the significance of reported oil and natural gas reserves could benefit from broader disclosures by companies, a credit ratings agency...
ChevronTexaco Corp. and OAO Gazprom announced a memorandum of understanding calling for a 6-month feasibility study concerning joint oil and natural gas projects in Russia and...
The American Association of Petroleum Geologists and the Society of Petroleum Evaluation Engineers recently formed a joint committee to consider a voluntary certification program...
ConocoPhillips said it plans to purchase 7.59% of OAO Lukoil for $1.99 billion and join the Russian company in a strategic alliance outlining how ConocoPhillips might increase...
Oil supply seen threatened by limited E&P opportunities Strong oil demand growth, high oil prices, and dwindling spare production capacity are making the oil industry, its customers...
After bumping above $50/bbl in intraday trades earlier in the week, the near-month benchmark crude contract closed above $50/bbl Oct. 1, at $50.12/bbl, for the first time in the...
Brazil to triple natural gas consumption by 2010, minister says Brazilian energy officials expect their country to consume 117 million cu m/day (cmd) of natural gas by 2010, compared...
Threats to Nigeria's oil production pushed crude futures to a record high of $50.47/bbl in after-hours electronic trading Monday on the New York Mercantile Exchange, surpassing...
Three large refrigerating compressors for the barge-mounted process plant at Statoil's gas liquefaction facility on Melkøya in northern Norway were finally ready for delivery ...