A sudden oil price downturn puts drillers with weak balance sheets in a tough position ahead of a critical test of their health.» Read More
CNBC's Sharon Epperson reports that even though gas prices have pulled back, futures are up over where they were a year ago. For the past 33 days, retail gas prices have climbed, she reports, and the national average is $3.75/gallon.
The oil and gas game can be a tricky one for "junior" companies, but if played right, the pay-off can be massive. One CEO explains.
Beijing’s air pollution has soared past levels considered hazardous by the World Health Organization. And now it's not an issue that only the Chinese are worrying about, Oilprice.com says.
Egypt hunger for energy will play a role in the instability that has foreign investors asking whether they should quit the country before the other boot drops.
A consortium that deals with security issues is warning about possible threats to oil installations in Libya.
Jonathan Swinney, CFO of EnQuest, tells CNBC how the oil company plans to use the capital from its retail bond issuance.
The biggest mistake the energy industry makes is to ignore regional and geopolitical dynamics. It's complicated, and the corporate world doesn't have the patience for it.
In its report for January, the Organization of Petroleum Exporting Countries said the United States in 2013 may post the highest oil supply increase among non-member states.
James Tisch, president and CEO of Loews Corporation, explains whether Washington can get its act together over the debt ceiling.
Chevron has signed production-sharing contracts with CNOOC for two exploration blocks in the South China Sea even after drilling three dry holes there last year.
A number of Americans have been seized by militants at an Algerian gas field, U.S officials said, in what the U.K. government described as an "ongoing terrorist incident." NBC News reports.
The rapid deterioration of Hugo Chavez's health raises the question of why Venezuela – and by extension Chavez – plays such an integral role in the global energy market.
Working in extreme Arctic conditions brings its own set of technical hazards, highlighted by the grounding of Royal Dutch Shell’s Kulluk rig on the rocks off Sitkalidak Island, after being battered by a northern Pacific gale. These problems may become more frequent.
Dominic Schnider, Head of Commodity Research, UBS Wealth Management says platinum, palladium and silver will do well this year amid loose monetary policies and a recovery in the global economy.
Gasoline prices are up 8 cents in the past two weeks and will likely continue climbing through April. Experts say the 2013 national average will likely top out at about $3.95 a gallon.
The latest chapter of the Deepwater Horizon saga has been written, and it could send shares of Transocean, the owner of the drilling rig that spawned the Gulf of Mexico spill, higher.
The implications of Hugo Chavez's illness are enormous, for Venezuela, for the world, and particularly for the U.S., which remains highly dependent on imports of Venezuelan crude.
Solar technology can use heat from the sun to extract heavy crude from aging fields — an idea that is gaining ground with Big Oil companies.
Karim Rahemtulla, Director of Resources, Oil & Energy Daily says that natural gas is a good long term play as Americans switch to the energy resource.
Russia's Gazprom will beat Exxon Mobil this year to become the most profitable company in the world, and yet its shares are down 18 percent. Why? The answer may lie with the priorities of Russian President Vladimir Putin.