July 29- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, forecast falling demand for deepwater rigs, overshadowing robust demand for jack-up rigs, used in shallower waters, as well as land rigs.» Read More
Even as U.S. shale companies pursue mergers, analysts don't expect them to become echoes of Big Oil deals that eventually fell flat.
HOUSTON— Halliburton Co. said Monday that its second-quarter earnings rose 20 percent, and it raised its share buyback authorization to $6 billion. The Houston- based company, which provides drilling services to oil and gas operators, earned $774 million, or 91 cents per share, for the period ended June 30.
Big mergers are afoot. But is a major shale oil deal a sign of a strong market?
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.
The U.S. is producing vast amounts of oil—but isn't quite in Saudi Arabia's league just yet, according to experts.
RIO DE JANEIRO, July 8- Brazil's most promising offshore oil province, the Santos Basin, has 400 times the number of oil leaks as its older and more prolific neighbor, the Campos Basin, a Brazilian university study says, raising concern about the environmental sustainability of the country's new oil wealth.
A "very small number" of disposal wells are behind a swarm of earthquakes plaguing Oklahoma, according to a new study.
Using conservation as a baseline, Opower broke down a few World Cup contenders according to their energy policies.
Backers in favor of the Canada-to-Texas pipeline are pointing to the crisis in Iraq as a rationale for pushing the project forward.
The head of Iraq's South Oil Company also insists that current developments have not affected and will not affect oil operations in the south.
Demand is up for sand used in fracking, which blasts it into wells to crack rock and release oil and natural gas.
BOSTON, June 17- Apple Inc, criticized in the past for greenhouse gas emissions, use of toxic materials and the hiring of underage workers, has improved its practices and earned better scores from groups such as Greenpeace. That's good news for environmentally-aware mutual funds that hold Apple for another big reason- it makes money.
BP will use unmanned aircraft systems to conduct aerial surveys of Alaska's North Slope.
Hiring for two new SCE&G reactors underscores the need for replacing retiring nuclear workers in next several years.
What's bad news for consumers—namely, high energy prices—can be great for large investors and oil and gas companies.
New York's highest court will consider allowing local bans on hydraulic fracturing.
Ending the U.S. oil export ban could be a boon for growth, two research reports argued Thursday.
Iraqi engineers are fixing the main oil pipeline to Turkey after it was shut for nearly three months in attacks by an al Qaeda cell.
The downgrade of California's oil reserves raises questions about the sustainability of the U.S. boom.