Even as U.S. shale companies pursue mergers, analysts don't expect them to become echoes of Big Oil deals that eventually fell flat.» Read More
Prosecutors said the company agreed to forfeit $8.9 billion for engaging in "long-term, multi-jurisdictional conspiracy" to violate sanctions laws.
Condensates—a super-light oil that's a byproduct of the U.S shale boom—could open the door to eventual crude exports.
Both food and gas prices are on the rise, and the link between them could cause more consumer headaches this summer.
The U.S. government has taken steps to let two companies sell unrefined American crude oil overseas, the Wall Street Journal reported Tuesday.
Newly elected House Majority Leader Kevin McCarthy dismissed the proposal to fund the U.S. highway system. The Fiscal Times reports.
Nigeria’s future prosperity lies not in oil - but gas, the finance minister of the petroleum-rich country told CNBC.
Dennis Gartman of "The Gartman Letter" says oil traders should keep a close eye on Nigeria.
Wisconsin Energy struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.
Using conservation as a baseline, Opower broke down a few World Cup contenders according to their energy policies.
The CFO of Statoil has defended the company's plans to slash spending, a day after Norway's central bank warned of a drop in oil investment.
U.S. oil rallied to a nine-month high on the risk of supply disruptions from Iraq, and a contract expiry.
If the Baghdad government can keep militants away from its oil fields, Iraq's oil production could increase even as crude prices remain high.
Gazprom's termination of a contract with Ukraine's state-owned gas company will not affect supplies to Europe.
The average driver of a new vehicle spends about $28 less per month for gas than a new car buyer just three years ago.
Two projects with Exxon Mobil will be the two most important events for the global oil industry, said Rosneft CEO Igor Sechin.
Brent crude jumped to a new nine-month high while U.S. oil rose modestly, amid concerns about Iraq's growing violence.
Two senators said they want to raise the federal gasoline and diesel tax by 12 cents a gallon, the first increase since 1993.
Backers in favor of the Canada-to-Texas pipeline are pointing to the crisis in Iraq as a rationale for pushing the project forward.
Demand is up for sand used in fracking, which blasts it into wells to crack rock and release oil and natural gas.
Igor Sechin, the CEO of Rosneft, Russia's top oil producer, has slammed the U.S.'s decision to hit him with sanctions as making no sense.
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