BANGKOK, April 23- PTT Exploration and Production Pcl, Thailand's top oil and gas explorer, has bought Hess Corp's assets in Thailand in a $1 billion deal as part of its attempt to boost its gas business, the company's CEO said on Wednesday.» Read More
Natural gas has often taken a backseat to crude oil in the Texas energy business, but the advent of fracking shale gas has given it star billing in the Lone Star State — and the nation.
The natural gas industry may be hurting from rock-bottom prices now but if allowed to fully exploit the shale-gas boom, there may be few losers and many winners in the years to come.
Heated debate over the impact of liquefied natural gas exports on domestic prices is threatening to derail them at a crucial time for the U.S. industry.
It's almost impossible to overestimate the importance of fracking to the natural gas industry and the nation. It's also difficult to understate the controversy surrounding the environmental issues. Our special report, "Who's Winning the Natural Gas Game?," addresses both
Other countries have invested billions in alternative fuels, from Brazil's government-sponsored soybean-ethanol push to France's headlong expansion of nuclear power after the oil shocks of the 1970s. Should the U.S. do the same?
The proliferation of fracking and the likelihood of a long-running, shale-gas boom are destined to make winners and losers out of a lot of industries beyond the energy sector.
Proponents say proper technology for fracking is already in place, but opponents worry about water contamination. What do you think?
Michael Bagley, president of corporate intelligence firm Jellyfish Operations, and security expert Jennifer Giroux discuss how companies can plan and react in hostile environments.
Though Turkey was one of several countries to receive a temporary waiver from U.S. sanctions, it is looking to Saudi Arabia and Libya for crude oil, as well as a number of other energy sources.
Venezuela now boasts the world's largest proven oil reserves but the claim is “irrelevant” because the Latin American producer is struggling to secure enough investment and technical expertise to unlock the resource, Ed Morse, Managing Director and Global Head of Commodities Research for Citigroup Global Markets told CNBC.
Todd Everts, President & CEO, Wall Street Global is confident that U.S. consumers will return to buying as they believe the economy will improve.
BP is promising investors its ready to shift back to expanding its oil production and building financial momentum.
An updated industry report published shows Iran as having produced 3.752 million barrels per day (bpd) in February, marking the highest output since December 2008.
Mitt Romney on Tuesday called the Buffett Rule a “gimmick” and dismissed the plan to make millionaires pay a minimum of 30 percent in income tax little more than political posturing.
Natural gas prices, which earlier Wednesday broke below $2, are as low as they'll get, T. Boone Pickens told CNBC.
Michael Langford, Proprietary Trader, StreamTrading.com explains why Vale's Valemax ships, which are fleet of very large ore carriers, will be positive for importers such as China, but negative for shipowners.
The energy industry will be glad to partner with private equity and spend the several billions of dollars it will take to build highway infrastructure to encourage consumers to use natural gas —if the U.S. government says it "won't stand in the way of making that happen," the head of Anadarko Petroleum told CNBC Monday.
John Richels, Devon Energy president & CEO, discusses the company's aggressive plan to increase its annual capital expenditure to $6.3 billion and develop new projects, with Mad Money's Jim Cramer.
Texas energy mogul T. Boone Pickens told CNBC Thursday he thinks Brent North Sea oil could hit $148 a barrel this summer because demand is outrunning supply.
CNBC's Eamon Javers reports the Interior Department wants to speed up drilling permits on Federal land, and debating whether this signals a change in energy policy at the White House, with Bill Richardson, former U.S. Secretary of Energy and Gale Norton, former U.S. Secretary of the Interior.