The state Senate tentatively agreed Wednesday to push to the finish line prep work for natural gas exploration in North Carolina using hydraulic fracturing — better known as fracking — so that the first permits for drilling could be issued starting next summer.
U.S. Vice President Joe Biden says Cyprus's newly found offshore natural gas reserves can transform the eastern Mediterranean into a "global hub" for the fossil fuel.
Algeria's Cabinet has announced it will move forward with the exploitation of the country's large shale gas reserves.
Gov. Jack Dalrymple told a huge oil industry conference Wednesday that North Dakota would no longer allow flaring of natural gas from oil wells in the Bakken region for longer than one year.
Marathon Petroleum will spend $2.87 billion to acquire the retail operations of Hess, the largest chain of company operated gas stations and convenience stores on the East Coast.
The future of crude oil shipments by train depends on proving to the public that it can be done safely, the head of BNSF Railway Co. said Wednesday.
Venezuela's state oil company PDVSA has secured a $2 billion credit line from several energy service companies, including U.S.-based Halliburton and Schlumberger.
China signed a landmark deal to buy Russian natural gas worth about $400 billion, giving a boost to diplomatically isolated President Vladimir Putin and expanding Moscow's ties with Asia.
A bill that would make it a crime to publicly disclose the secret chemical mixtures that energy companies pump into the ground when fracking for natural gas is headed for a vote before the North Carolina Senate.
The U.S. oil industry pushed back against tougher rules for rail cars carrying crude following a string of fiery accidents, asserting in a new report that oil from the Northern Plains is no more dangerous than some other cargoes.
Environmental groups and a northern New Jersey homeowners' coalition raised objections to a planned billion-dollar pipeline that would carry North Dakota crude oil from a train terminal at the Port of Albany to coastal refineries and return gasoline, diesel, heating oil and other petroleum products to upstate New York.
America’s shale energy revolution is creating and sustaining hundreds of thousands of jobs in diverse sectors of the economy that supply construction, equipment, supplies and services to shale energy operations, and making the U.S. manufacturing sector more competitive.
A federal appeals court has refused to reconsider its previous ruling that businesses don't have to prove they were directly harmed by BP's 2010 Gulf Of Mexico oil spill to collect settlement payments.
New Hampshire Gov. Maggie Hassan is planning to sign a bill that raises the tax on gasoline and diesel by 4 cents per gallon, the first increase since 1991.
The changes would compel operators to monitor benzene emissions along their fence lines, upgrade storage tank emission controls, ensure waste gases are properly destroyed and adopt new emission standards for delayed coking units. Operators would also have to make the results of monitoring publicly available.
Federal land managers have begun evaluating a proposal to expand an east-central Wyoming oil and gas field with up to 5,000 new wells, asking for public comment on the project.
China plans to sign a multibillion-dollar deal to buy Russian gas during a visit by President Vladimir Putin next week despite U.S. pressure to avoid undermining sanctions on Moscow over the Ukraine crisis.
The Canadian government says pipeline companies will be liable for all costs and damages from a spill, regardless of fault or negligence under a new law.
Crews sopped up the remains of about 10,000 gallons of crude oil that sprayed into Los Angeles streets and onto buildings early Thursday after a high-pressure pipe burst.
The oil exploration and production company said its board approved a quarterly dividend of 27 cents per share, up from 18 cents per share.
The Department of Mineral Resources says the record March production was up from an average of about 952,000 barrels daily in February.
An oil well near the town of Tioga, North Dakota continued to leak oil, gas and fracking fluid on Monday, days after authorities learned about the problem, a local official said.
Three employees of the railway company involved in the runaway oil train disaster that killed 47 people last summer are due to appear in court Tuesday to face criminal negligence charges in the small Quebec town that was partially incinerated by exploding tanker cars.
Federal regulators have announced an $875,000 settlement with Chevron related to a pair of Utah oil spills in recent years.
North Dakota has the country's highest death rate for workers in the oil, gas and mining sector, at more than six times the national average, and an even higher rate among construction workers, according to a new report from the nation's largest labor union.