Chevron reported second-quarter earnings on Thursday that beat Wall Street's expectations.» Read More
U.S. oil production continues to boom, and a loophole in a law has allowed the first export of unrefined American oil in decades.
Total stopped buying shares in Russia's Novatek the day of the downing of a Malaysia Airlines flight over Ukraine.
The Commerce Department has put on hold several requests to sell crude abroad, stalling an industry push to export a glut of oil, sources said.
The average U.S. price for gasoline is now about 10 cents lower than a year ago. The recent drop came despite a rise in global crude oil's price.
Libya appeals for international help after a huge oil depot caught fire amid clashes over the country's international airport in Tripoli.
The Bakken, Eagle Ford and Permian Basin are generating more than a million barrels of oil per day each, a third of U.S. daily production.
A Hague court ruled that Russia must pay a group of shareholders in defunct oil giant Yukos around $50 billion for expropriating its assets.
U.S. shale has put the country on the same terrain as Saudi Arabia and Russia. In the process, it may turn oil into a safe haven.
Even as U.S. shale companies pursue mergers, analysts don't expect them to become echoes of Big Oil deals that eventually fell flat.
Morgan Stanley CFO does not believe new sanctions on Rosneft will affect a pending deal between the two companies.
What does cooler-than-expected weather mean for the futures market? Cheaper natural gas, for one thing.
Chinese energy giant CNOOC is looking at building a multi-billion-dollar floating liquefied natural gas plant to produce gas from the South China Sea.
A Texas judge upheld a $3 million verdict in favor of a family who claimed that oil and gas drilling near their land made them sick.
Global oil prices fell on reports of improving Libyan oil output and are now about 10 percent off the highs reached last month.
Brent crude slipped towards $106 a barrel on Tuesday, as worries over Middle East and North Africa tensions eased.
Private equity firm KKR continues to expand its offerings, this time buying a stake in hedge fund firm BlackGold.
Average gas price prices fell over the past three weeks in reaction to declining costs of crude oil, according to the Lundberg survey released.
Whiting Petroleum said it would acquire Kodiak Oil& Gas for $3.8 billion, becoming the largest producer in North Dakota's Bakken shale play.
The United States is swimming in oil and gas. However, processing this bounty is posing a challenge to U.S. refiners.
An enterprising CEO at this oil and gas company makes its stock very attractive if it falls from current levels, says Jim Cramer.
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