If you're a driver, a shipper or an airline, low oil prices sure feel nice. But there are downsides to the recent plunge in oil prices — for the oil industry and for the economy.
A $4 billion factory is planned in North Dakota that will convert natural gas liquids into plastic, company and state officials said.
Targa Resources is buying Atlas Pipeline Partners and Atlas Energy in a deal valued at close to $6 billion, creating a huge energy transportation and storage company.
Wide-scale deployment of emerging technology that converts used, non-recycled plastics into oil could generate up to $9 billion in annual U.S. economic output and create upwards of 40,000 domestic jobs, according to a report released by the American Chemistry Council.
Connecticut oil dealers are suing over Gov. Dannel P. Malloy's drive to expand the use of natural gas, demanding environmental reviews.
As the governor’s race heats up in Pennsylvania, one of the central issues is whether to enact a severance tax on natural gas. Democratic candidate Tom Wolf has emphasized that Pennsylvania is the only state without a severance tax and critics of the status quo argue that the state is giving away resources by not imposing the tax...
An international arbitration panel ordered Venezuela's socialist government on Thursday to pay $1.6 billion to Exxon Mobil for the seizure of a major oil project in the South American country and other losses.
A satellite that measured the potent global-warming gas methane in the atmosphere has found a surprising hot spot over the southwestern U.S.
Shale drillers must overcome image issues and endeavors to raise charges in the event that they need to grab a chance to make Pennsylvania a long term energy center, analyst and administrators stated.
American Midstream Partners will build a new natural gas pipeline that will preserve service to thousands of customers from Winnsboro, Louisiana, to Natchez, Mississippi.
Danish toy maker Lego said Thursday it won't renew a deal allowing Shell to hand out Lego sets at its gas stations in some 30 countries, following a viral campaign protesting Arctic drilling.
A Vietnamese oil tanker missing for a week was released by pirates who stormed the ship and siphoned off some of its cargo, a crew member said Thursday.
Texas Gov. Rick Perry is calling for unlimited natural gas and oil exports, saying it would help the American economy and aid American allies threatened by Russia's control of European natural gas supplies.
A Canadian National Railway Company freight train carrying dangerous goods has derailed in central Saskatchewan in Canada and has caught fire.
First-of-its-kind data relating to the depressurisation of CO2 pipelines is being made freely available today through industry cooperation. This will help fill knowledge gaps associated with the safe and reliable pipeline transport of CO2 and result in cost efficiencies through a significantly improved design basis for CO2 pipelines.
Analysts estimate that the Islamic State group gets up to $3 million a day in revenue from oil fields seized in Iraq and Syria. Oil smuggling was a booming business until about six months ago, when Turkish authorities ramped up a multi-layered crackdown that has significantly disrupted the illicit trade...
Chevron's Canadian subsidiary is selling its 30 percent stake in its Duvernay shaleplay to Kuwait Foreign Petroleum Exploration Co. in a $1.5 billion deal.
Officials approved plans Friday to spend $627 million on 44 projects meant to aid recovery from the 2010 oil spill in the Gulf of Mexico, but environmentalists are fuming that $58 million will go to an Alabama beachfront hotel they say will hurt rather than help the Gulf.
A fire Thursday at an offshore natural gas platform in Alaska's Cook Inlet destroyed the crew's living quarters and forced four workers to evacuate.
Oil and gas exploration and production company Pluspetrol Resources is buying Apco Oil and Gas for $427 million.
Using a new breed of seismic technology, Shell’s engineers discovered a whole untapped field – called Cardamom – hidden behind a vast salt deposit, 4 miles (6.4 km) below the sea floor. To reach its oil, Auger drilled one of the world’s longest wells.
The drilling services company Baker Hughes implemented a policy of disclosing all of the chemicals used in its fracking operations.
Dover announced that it has acquired Accelerated Companies LLC, a supplier of artificial lift and fluid handling solutions to oil and gas production markets, for a purchase price of $430 million, subject to a customary adjustment for working capital.
North Dakota's unprecedented oil bonanza has boosted salaries throughout the state, though the male-dominated, high-paying energy industry also is widening the wage gap between men and women.