Oil and Gas Exploration


  • Stocks edge higher as major earnings week starts Monday, 21 Apr 2014 | 9:49 AM ET

    NEW YORK— Stocks are edging higher as another big week for company earnings begins. Halliburton rose after the oil exploration company said it was profitable in the first-quarter after reporting a loss in the same period a year ago.

  • Stocks log longest winning streak in six months Monday, 21 Apr 2014 | 9:22 AM ET

    Halliburton, an oil and gas drilling company, rose after reporting a first-quarter profit on rising revenue in the Middle East and Asia. A strong earnings report from Netflix pushed the company's stock higher in after-hours trading. "I like what I see in the market," said Karyn Cavanaugh, a senior market strategist with ING U.S. Investment Management.

  • Fracking foes cringe as unions back drilling boom Sunday, 20 Apr 2014 | 1:18 PM ET
    A high pressure gas line crosses over a canal in an oil field over the Monterey Shale formation where gas and oil extraction using hydraulic fracturing, or fracking, is on the verge of a boom on March 23, 2014 near Lost Hills, Calif.

    Some construction workers and union members in Pennsylvania, Ohio and West Virginia say they're benefiting in a big way from the shale boom

  • AP Photos: A close-up look at fracking Thursday, 17 Apr 2014 | 2:43 AM ET

    MEAD, Colo.— Workers bustle at an oil and gas drilling site near Mead, Colo., a town of about 3,800 people north of Denver. The hydraulic fracturing operation, also known as "fracking," and others like it pump hundreds of thousands of gallons of water, mixed with fine sand and chemicals, deep underground to split the rock, and make the oil— and dollars— flow.

  • Chart: Who's using all that nat gas in the US? Wednesday, 16 Apr 2014 | 1:21 PM ET
    A natural gas production platform.

    The U.S. consumed a whopping 26 trillion cubic feet of natural gas in 2013, but more interesting is who's using it—and who's not.

  • LONDON, April 15- Africa and Brazil are more attractive areas for oil and gas exploration than the Arctic, where firms will need 15 to 20 years to tap reserves due to the harsh climate, the chief executive of Norway's DNV GL said. "I think there are more attractive areas in the world like Africa and maybe Brazil.

  • Drilling into the intensifying issue of fracking Monday, 14 Apr 2014 | 4:35 PM ET
    Work at a fracking site.

    A rise in U.S. seismic activity, coinciding with the energy boom, has left both sides of the fracking debate more polarized than ever.

  • Dems to Obama: Get off the dime on Keystone! Thursday, 10 Apr 2014 | 10:36 AM ET
    President Barack Obama at the TransCanada Stillwater pipe yard in Cushing, Oklahoma.

    Eleven Democratic senators urged Obama to make a final decision on whether to approve TransCanada Corp's Keystone.

  • China starts drilling into 'Roof of the World' Wednesday, 9 Apr 2014 | 10:24 AM ET
    Tibetan Plateau, China.

    China has begun drilling into the Tibetan Plateau to feed its appetite for raw materials, Oilprice.com reports.

  • US energy chief: Green means nuclear, too! Wednesday, 9 Apr 2014 | 9:03 AM ET
    U.S. Secretary of Energy Ernest Moniz.

    U.S. Energy Secretary Ernest Moniz declared a green loan program alive and well—and not just for renewable energy.

  • *Deal will also let Energen fund Permian basin drilling. *Energen shares up as much as 4 pct, Laclede falls as much as 3 pct. April 7- Energen Corp will sell its 150- year old natural gas utility Alabama Gas Corp to Laclede Group Inc for $1.28 billion in cash, helping it repay debt and fund drilling for oil and gas in the Permian basin.

  • Can Europe cut its reliance on Russian gas?     Monday, 7 Apr 2014 | 1:40 AM ET

    Andrew Lantham, vice-president of exploration research at Wood Mackenzie, discusses domestic gas exploration in Europe and whether it will be enough to offset its reliance on Russia.

  • Exxon agrees to share more data on fracking risks Friday, 4 Apr 2014 | 9:18 AM ET
    Pump jacks and wells are seen in an oil field on the Monterey Shale formation where gas and oil extraction using hydraulic fracturing, or fracking, is on the verge of a boom, March 23, 2014 near McKittrick, California.

    Exxon Mobil has agreed to disclose more information about the risks of hydraulic fracturing, the process known as fracking.

  • Another way investors can play the US shale boom Thursday, 3 Apr 2014 | 11:51 AM ET

    U.S. energy independence's next phase has arrived—in the form of infrastructure development fueled by billions in private capital.

  • US oil export ban may have easy fix: Murkowski Wednesday, 2 Apr 2014 | 9:12 AM ET

    A top U.S. senator said a government office has the power to approve limited petroleum exports, and partly bypass a 40-year crude export ban.

  • Solar's spike tied to oil prices? Don't bet on it Sunday, 30 Mar 2014 | 11:00 AM ET
    Solar receivers and boilers on top of two towers are reflected in heliostats at the Ivanpah Solar Electric Generating System on March 3, 2014 in the Mojave Desert in California near Primm, Nevada.

    The link between oil prices and solar energy stocks has broken down, and that may be a good thing for renewable firms.

  • End US oil ban to blunt Russia: Continental CEO Wednesday, 26 Mar 2014 | 8:10 AM ET
    An oil-well site outside Williston, N.D.

    Lifting the ban on U.S. oil exports is the fastest way the drilling boom can counter Russia, Continental Resources' CEO will tell Congress.

  • SAN FRANCISCO, March 19- The council of the Los Angeles County city of Carson, California, has unanimously approved a 45- day moratorium on new oil and gas drilling, a setback for Occidental Petroleum's plans to drill more than 200 new wells there and the latest example of local governments taking a stand against fracking.

  • Birthday cards, but no cake: Fracking turns 65 Monday, 17 Mar 2014 | 11:21 AM ET
    Oil workers on a hydrofracking site.

    The oil and gas industry is celebrating a milestone on Monday: the birth of hydraulic fracturing.

  • Thomas Hilboldt, Head of Oil, Gas & Petrochemicals Research, Asia-Pacific at HSBC, says rising capital commitments and production costs will undermine the profitability of Chinese oil firms.

Most Popular Video

Wednesday, 23 Apr 2014 | 4:57 PM ET

Weekly jobless claims and durable goods are the numbers to watch Thursday, but so are the massive amount of earnings reports expected. CNBC's Patti Domm explains.

Wednesday, 23 Apr 2014 | 4:32 PM ET

Apple is reporting Q2 EPS of $11.62 on revenue of $45.6 billion. Gene Munster, Piper Jaffray senior research analyst, says investors should feel a sense of relief on these numbers.

Wednesday, 23 Apr 2014 | 3:23 PM ET

CNBC's Becky Quick discusses Warren Buffett's feelings about the market.