Royal Dutch Shell PLC says it is selling a 19 percent stake in Australia's Woodside Petroleum Limited, worth around $5 billion.
Shares of Williams Cos. hit an all-time high Monday after the pipeline operator agreed to buy a part of natural gas processor Access Midstream Partners LP for nearly $6 billion.
Legislation aimed at killing a south Louisiana flood board's lawsuit against the oil and gas industry has been passed and signed into law, but nothing is settled yet — including the future membership of the flood board itself.
Four in 10 new oil and gas wells near national forests and fragile watersheds or otherwise identified as higher pollution risks escape federal inspection, unchecked by an agency struggling to keep pace with America's drilling boom, according to review that shows wide state-by-state disparities in safety checks.
The oilfield services company Weatherford International Ltd. says shareholders have approved a move from Switzerland to Ireland.
The United States exported 268,000 barrels per day (b/d) of crude oil in April (the latest data available from the U.S. Census Bureau), the highest level of exports in 15 years.
An administrative law judge recommended that Minnesota regulators approve an expansion of Enbridge Energy's Alberta Clipper crude oil pipeline across northern Minnesota.
Citing new safety and environmental risks as more crude oil moves by train through Washington, Gov. Jay Inslee directed state agencies to evaluate the safety of oil transport in the state.
The Interior Department office that oversees revenue collection from oil and gas leases announced that it is seeking a $533,520 civil penalty against a gas developer the agency said failed to report production on federal leases in northeast Wyoming.
U.S. District Judge Stanwood Duval threw out Kurt Mix's obstruction-of-justice conviction, saying that remarks a jury forewoman overheard outside of the courtroom influenced the verdict.
Years after the 2010 Deepwater Horizon Oil spill, oil continues to wash ashore as oil-soaked "sand patties," and questions remain about how much oil has been deposited on the seafloor.
Drilling crews are eager to plunge their equipment into the ground. Road builders are ready to start highway projects, and construction workers need to dig. But across the hyperactive oil fields of North Dakota, these and other groups have to wait for another team of specialists known for slow, meticulous study: archaeologists.
Dramatic changes in oil production around the globe are balancing each other out instead of wreaking havoc. This has helped world oil prices stay high enough to provide OPEC countries with robust income, but not so high that they scare customers away from buying more of their precious product.
Ohio is leading a group of drilling states working with seismology experts from energy companies, government agencies and universities across the U.S. on how best to detect and regulate human-induced earthquakes.
Oil and gas producers Consol Energy and Noble Energy said that they plan to form a new publicly traded joint venture that will operate natural-gas pipelines in the Marcellus Shale region in the Eastern U.S.
Quebecers are particularly hostile toward the development of shale gas, but this aversion is driven less by 'not in my backyard' attitudes than 'not in anyone's backyard, according to a comparative study of 2,500 Quebecers and Americans conducted by the University of Montreal's Department of Political Science.
A private equity firm will invest up to $400 million to support efforts by Houston-based Halcón Resources Corp to drill for oil on the 314,000 acres that Halcón has leased in the Tuscaloosa Marine Shale of southwest Mississippi and southeast Louisiana.
A proposal to build a new pipeline carrying natural gas is stirring criticism in Massachusetts, where more than a dozen towns near the potential path of the 250-mile line have passed resolutions against the project.
Natural gas wildcatter Aubrey McClendon's American Energy Partners LP has invested $4.25 billion in lease holdings and drilling rights in four states.
A lawsuit filed by federal and state officials will go forward against Exxon Mobil Corp. over a crude oil spill that forced the evacuation of 22 homes in Mayflower, a U.S. district judge ruled.
Bulgaria's prime minister has ordered a halt to construction work on the Gazprom-led South Stream pipeline project planned to bypass Ukraine as a transit country and consolidating Russia's energy grip in Europe.
Millennial Energy Partners, LLC announced that it has closed Millennial PDP Fund V, LP through a private placement conducted under Regulation D. Millennial has organized Fund V primarily to acquire non-operated oil and gas working interests in various basins throughout the United States.
Chevron Corp.'s Pascagoula Refinery says construction on a new $1.4 billion base oil facility is complete and expects to reach full production capability by midsummer.
Cleaning up oil spills and metal contaminates in a low-impact, sustainable and inexpensive manner remains a challenge for companies and governments globally. But a group of researchers at UW–Madison are examining alternative materials that can be modified to absorb oil and chemicals. If further developed, the technology may offer a cheaper and “greener” method to absorb oil and heavy metals from water and other surfaces.
U.S. railroads forced to turn over details of their volatile crude oil shipments are asking states to sign agreements not to disclose the information. But some states are refusing, saying that the information shouldn't be kept from the public.