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Oil and Gas Exploration

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  • Bakken Oil Field May Be Even Bigger Than Estimates Saturday, 23 Mar 2013 | 12:00 AM ET

    One spillover effect of the US energy boom has been putting relatively obscure places on the map. One of those is Bakken, an oil hub in the west that some believe could challenge the Gulf Coast's prodigious crude output.

  • As US Energy Sector Flourishes, So Do Key Stocks Friday, 22 Mar 2013 | 2:28 PM ET

    The oil and gas revolution sweeping the U.S. appears to exerting a halo effect on stocks in key industries, and not just those in the energy sector.

  • Cyprus' Bailout Hopes All About Petrodollars Friday, 22 Mar 2013 | 1:05 PM ET
    A sign on a Cyprus gas station limits customers to 30 euros to purchase gas.

    Cyprus has found itself right in the middle of a geopolitical game in which its gas potential is a tool in a showdown between Russia and the European Union.

  • Billionaire Divorce May Pressure Continental Stock Friday, 22 Mar 2013 | 10:43 AM ET
    Harold Hamm and his wife Sue Ann Hamm, in April, 2012

    The split between oil king Harold Hamm and his wife could required him to sell a large number of shares or give her shares that she might then sell.

  • TAQA CEO on Playing the African Growth Story  Thursday, 21 Mar 2013 | 8:00 PM ET

    Carl Sheldon, CEO of TAQA, tells CNBC his strategy for playing the African growth story in the coming years.

  • Burned by Solar  Thursday, 21 Mar 2013 | 2:45 PM ET

    Solar Power maker Suntech Power was forced into bankruptcy after defaulting on a multi-million dollar bond payment. Gordon Johnson, Axiom Capital Management, weighs in.

  • US Strategic Reserve May Be Past Its Prime: Analysts Wednesday, 20 Mar 2013 | 2:50 PM ET
    A pipeline at the Federal Strategic Petroleum Reserve in Beaumont, Texas.

    The world's largest energy consumer is producing more of its own supplies and importing less foreign oil, leading some to argue that a strategic stockpile is no longer viable.

  • 3 Golden Rules For US Energy: Pickens  Tuesday, 19 Mar 2013 | 2:35 PM ET

    Sharing his "golden rules" to break America's dependence on foreign oil, with Boone Pickens, founder of BP Capital.

  • Neighbors 'Happy' With Iranian Warship? Not So Much Tuesday, 19 Mar 2013 | 12:30 PM ET
    Iran launches its new Jamaran-2 guided missile destroyer.

    Not everyone shared the same optimistic sentiments of safety that Iranian President felt after the deployment of a new warship into the Caspian Sea.

  • The Delay of China's 'Shale Gas Revolution'  Sunday, 17 Mar 2013 | 7:40 PM ET

    Scott Darling, Head of Oil & Gas Sector Research at Barclays gives his top picks in China's oil & gas sector and warns that the nation's shale gas revolution might be running late by almost a decade.

  • For Oil Markets, China Isn't What It Used to Be Friday, 15 Mar 2013 | 1:19 PM ET
    Oil rigs in the South China Sea.

    Right now, China's energy-hungry economy appears more important to oil markets than instability in crude-producing countries. Yet analysts say the world's second-largest economy has less pull on market prices than it did even a few short years ago.

  • When Will the US Energy Boom Help at the Pump? Thursday, 14 Mar 2013 | 2:39 PM ET

    Unfortunately for many consumers, the price savings from the growing U.S. energy boom have yet to materialize in the place it could have the most impact: the gas pump.

  • Commentary: N. Korea May Have Reason to Be Scared Monday, 11 Mar 2013 | 2:15 PM ET
    People watch a television broadcast on North Korea.

    Americans may believe North Korea has threatened to attack without provocation, but the U.S. and its allies have been doing some offensive posturing, Jen Alic writes in Oilprice.com.

  • China's Dream of US-Style Shale Gas Boom in Trouble Monday, 11 Mar 2013 | 5:00 AM ET

    China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms recently awarded exploration rights lacked one core skill - not one has drilled a gas well before.

  • The New Gasoline? Hopes Swell for Natural Gas Friday, 8 Mar 2013 | 11:27 AM ET

    Natural gas is abundant, clean and far cheaper than diesel. That has transportation industries looking for ways to kick their dependence on dirtier fossil fuels.

  • Get Your Warships Here: World's Navies Flock to Lebanon Wednesday, 6 Mar 2013 | 12:55 PM ET
    French Navy flight deck operator off the coast of Lebanon.

    Newly discovered oil off the Lebanese coast has foreign militaries playing 'Battle Ship,' as they beef up their naval presence in the area.

  • Carl Icahn is gearing up for another fight, saying Monday that Transocean's dividend payment recommendation of $2.25 a share is "too little, too late."

  • Hess to Exit Retail to Focus on Oil, Gas Exploration Monday, 4 Mar 2013 | 10:26 AM ET

    Hess will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.

  • David Summers, Missouri S&T Curators' Professor emeritus of mining engineering.

    There are no easy solutions, no viable quick fixes, and no magic fluids for the world's energy challenges. Yet the future isn't all doom and gloom, reports Oilprice.com.

  • Tom Bergin, Author of Spills and Spin, tells CNBC that the BP pay-out to the US government is the worst case scenario according to what analysts had previously envisaged.