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  • Crowdfunding in the oil patch   Friday, 15 May 2015 | 6:40 AM ET
    Crowdfunding in the oil patch

    Phil Racusin, EnergyFunders CEO, discusses why his company is financing drilling opportunities in small oil.

  • LONDON, May 12- Oil drillers Falkland Oil and Gas and Rockhopper resumed normal drilling work on Monday at the Isobel Deep well in the Falkland Islands following the repair of a blow-out preventer control system, the companies said. "The Isobel Deep well is expected to take approximately 15 days to complete," said Falkland Oil and Gas in a statement.

  • Oil's up; fracking back?   Wednesday, 6 May 2015 | 3:16 PM ET
    Fracking equipment at an Anadarko Petroleum site near Brighton in northern Colorado.

    With oil prices up, will companies dive back into drilling and fracking? Insight, with John Kilduff, Again Capital, and Dennis Gartman of the Gartman Letter.

  • May 6- Driller Rowan Cos Plc reported higher-than-expected quarterly profit and revenue, helped by the deployment of three new ultra-deepwater rigs. Rowan's net income more than doubled to $123.7 million, or 99 cents per share, in the quarter ended March 31. Analysts on an average had expected earnings of 70 cents per share and revenue of $533.1 million,...

  • Is fracking to blame for US earthquakes?   Monday, 4 May 2015 | 6:36 PM ET
    Is fracking to blame for quakes? Maybe not: Pro

    Justin Rubinstein, seismologist at U.S. Geological Survey, explains why waste water injection is responsible for the rise in earthquakes in the U.S.

  • Is Big Oil getting its groove back? Monday, 4 May 2015 | 6:00 AM ET
    Chevron

    Energy stocks have seen a strong bounce over the past month and a half. Have they turned a corner for good?

  • April 29- Noble Corp Plc reported a better-than-expected quarterly profit as higher margins from contract drilling services helped offset losses from retirement of rigs due to a slump in oil prices. The company, however, said it expected its capital spending to fall to about $585 million in 2015 from $1.9 billion in 2014.. Net income attributable to Noble fell...

  • Offshore driller Noble Corp's profit falls 30 pct Wednesday, 29 Apr 2015 | 5:16 PM ET

    April 29- Offshore driller Noble Corp Plc reported a 30.4 percent fall in quarterly profit as the company retired rigs due to a slump in crude oil prices. Net income attributable to Noble fell to $178.4 million, or 72 cents per share, in the first quarter ended March 31 from $256.3 million, or 99 cents per share, a year earlier. Total operating revenue rose about 1...

  • Why the US won't have OPEC to kick around in 2016 Monday, 27 Apr 2015 | 6:36 AM ET
    The oil ministers of Qatar, Saudi Arabia and the United Arab Emirates attend the opening session of the Arab Energy Conference in Abu Dhabi.

    U.S. elections have long featured a familiar whipping post. Yet thanks to the energy boom, it's one that may not play a role in 2016.

  • The war crippling the world's biggest oil producer Friday, 24 Apr 2015 | 10:44 AM ET
    An employee looks out over the illuminated petroleum cracking complex at the Lukoil-Nizhegorodnefteorgsintez oil refinery, operated by OAO Lukoil, in Nizhny Novgorod, Russia.

    As tensions in the Ukraine rise, European sanctions are squeezing Russia's energy sector. Production is flat, and oil deliveries are down.

  • The big global energy-growth market is ... Thursday, 23 Apr 2015 | 9:55 AM ET
    An employee secures a protective cap to a steel pipe destined for OAO Gazprom, produced by OAO TMK at the company's plant in Volzhsky, near Volgograd, Russia.

    About 25% more LNG exports will hit the world market by 2020, and this will transform the energy market, predict CEOs at CERAWeek.

  • April 23- Oil and gas driller Helmerich& Payne Inc reported a better-than-expected quarterly profit as demand for its high-tech rigs remained resilient despite the slump in crude prices. Net profit fell to $149.5 million, or $1.37 per share, in the second quarter ended March 31, from $174.6 million, or $1.59, a year earlier. Excluding gains of about $47 million...

  • Land driller Patterson-UTI profit slumps 74 pct Thursday, 23 Apr 2015 | 6:12 AM ET

    April 23- Land rig provider Patterson-UTI Energy Inc reported a 74 percent drop in quarterly profit as weak oil prices weighed on drilling activity and costs rose. Net income fell to $9.1 million, or 6 cents per share, in the first quarter ended March 31, from $34.8 million, or 24 cents per share, a year earlier. The Snyder, Texas- based company's revenue fell 3 percent to...

  • This country wants to be the next oil-boom shocker Wednesday, 22 Apr 2015 | 10:03 AM ET
    A worker looks up while changing a drill pipe on the Laurus oil drilling rig operated by Petroleos Mexicans (Pemex) in the Ku-Maloob-Zaap oilfield at Campeche Bay off the coast of Ciudad del Carmen, Mexico.

    Mexico is opening its state-run oil industry to outside investors for the first time in 75 years in a bid to match the U.S. oil-boom story.

  • April 21- Contract driller Nabors Industries Ltd's quarterly revenue fell 10.5 percent, hurt by slower drilling activity in North America, and the company said it had cut its workforce by more than 18 percent since the end of 2014.. The company reported revenue of $1.42 billion in the quarter ended March 31, compared with the analysts' average estimate of $1.34...

  • April 21- Contract driller Nabors Industries Ltd said it reduced its global workforce by more than 18 percent since the end of 2014 as the slump in oil prices hurt drilling activity. Nabors said on Tuesday it cut its workforce by 41 percent in its U.S. drilling operations and 26 percent in Canada. The company's revenue fell 10.5 percent to $1.42 billion in the first...

  • BP CEO: Oil prices will stay 'lower for longer' Tuesday, 21 Apr 2015 | 5:18 PM ET
    Bob Dudley, chief executive officer of BP, speaks during the 2015 IHS CERAWeek conference in Houston.

    BP CEO Bob Dudley said oil companies need to adjust to new realities, including a cheap crude environment and tougher regulations.

  • 50% chance of lifting oil export ban this year: CEO Tuesday, 21 Apr 2015 | 4:16 PM ET
    Robert "Bob" Dudley, chief executive officer of BP, right, speaks with Scott Sheffield, chairman and CEO of Pioneer Natural Resources, during the 2015 IHS CERAWeek conference in Houston.

    Pioneer Natural Resources CEO Scott Sheffield says he's optimistic the U.S. will lift an oil export ban after recent meetings with lawmakers.

  • The low oil price CEOs think will last for years Tuesday, 21 Apr 2015 | 3:43 PM ET
    Gas prices

    Oil CEOs expect low oil prices to linger for at least a few years, due to a market flush with private financing and productive wells.

  • Oklahoma: From two 3.0 quakes a year—to two a day Tuesday, 21 Apr 2015 | 1:00 PM ET
    Chad Devereaux examines bricks on Nov. 6, 2011, that fell from three sides of his in-laws' home in Sparks, Oklahoma, after two earthquakes hit the area in less than 24 hours.

    Oklahoma's earthquakes are racking up millions of dollars in damages and unleashing a political and financial maelstrom.