LONDON, March 4- Drilling for oil and gas deposits outside North America has hit the highest level in three decades, led by big exploration and production programmes in the Middle East and Africa. The boom is being led by the Middle East, where the number of rigs operating has tripled since 1999, and Africa, where the rig count is up almost four times.» Read More
CNBC's Patti Domm looks at the contentious issue of whether the U.S. should export now that it's one of the world's biggest energy producers.
Regulators lay a lighter hand on natural gas than they do on the Keystone pipeline. There's little agreement on why.
LONDON, Feb 21- Personnel shortages at the U.S. Department of the Interior are causing delays in issuing oil and gas drilling permits as well as missed targets for important oversight work, according to a government performance audit.
Tensions are boiling over in several regions around the world, from Venezuela to Ukraine to the Middle East. Here is a quick guide.
JERUSALEM, Feb 19- The partners in the Tamar natural gas field off Israel's Mediterranean coast have signed a deal to sell at least $500 million of gas over 15 years to two Jordanian companies in the first deal outside of Israel. Israel's Delek Group, through its units Avner Oil Exploration and Delek Drilling, holds a 31.25 percent share.
Tom Essaye, President at Kinsale Trading, says if the U.S. removes its ban on oil exports, Brent will no longer be the world's benchmark.
Will you learn something? Will you make connections? Will they PAY you? See Glassdoor's advice on the best place to secure an internship.
Gridlock in Washington on fracking, the minimum wage, and immigration force states to make their own rules. Fiscal Times reports.
The world's largest consumer of energy is producing oil and gas hand over fist. Judging by some of Big Oil's earnings results, you couldn't tell.
Uganda, Tanzania and Rwanda will all experience an acceleration in growth, punching above 6 percent in the medium term, according to the Reuters poll taken in the past week and published on Friday. "East Africa stands out as the growth hotspot," said Razia Khan, head of Africa research at Standard Chartered in London.
Exxon Mobil posted lower-than-expected quarterly profit on Thursday as it failed to offset declining production with fresh reserves.
Jan 28- Two former BP Plc well site managers have failed to win the dismissal of involuntary manslaughter charges over their roles in the 2010 Gulf of Mexico oil drilling disaster, which killed 11 people.
Analysts have flagged several factors that could disrupt the three-year equilibrium in oil prices.
The world's three largest publicly traded oil field servicing companies trumped analysts' earnings expectations in the final three months of 2013.
LONDON, Jan 20- Oil major Royal Dutch Shell said on Monday it had agreed to sell small stakes in a liquefied natural gas project and related joint venture in Australia for $1.14 billion to Kuwait's Foreign Petroleum Exploration Company. "Shell will remain a major player in Australia's energy industry.
TEGUCIGALPA, Jan 16- British oil and gas company BG Group will soon begin oil and gas exploration on Honduras's Atlantic coast with an initial investment of at least $20 million, a company executive said on Thursday.
Bankruptcy Judge Allan Gropper in Manhattan said a higher payout of $14.17 billion might be in order because Anadarko's Kerr-McGee Corp unit intended to harm Tronox creditors by saddling the spinoff with unsustainable environmental liabilities.
Neil Atkinson, head of analysis at Lloyd's List Intelligence, says Iranian oil will bring increased supply of oil while demand remains "tepid", causing oil prices to push lower.
WASHINGTON, Jan 5- Federal regulators are unlikely to step up enforcement of potential water contamination cases linked to natural gas drilling- despite new concerns about water safety- given a lack of political will and limited resources to pursue such cases, analysts said.
The oil industry's lobbying arm said it will push lawmakers to consider lifting a ban on crude exports in the new year.