Sept 4- BP Plc reached a $18.7 billion settlement to end five years of litigation following the 2010 Gulf of Mexico oil spill. It is the largest settlement with a single entity in U.S. history, the U.S. Department of Justice said. *April 20, 2010, RIG EXPLODES: An explosion on the Deepwater Horizon oil rig at the Macondo exploration well kills 11 workers and releases...» Read More
Iain Armstrong, oil analyst at Brewin Dolphin, discusses the movement in oil price in the aftermath of the Iran nuclear deal.
Creating an export-driven natural gas renaissance in the United States requires building infrastructure—and a lot of it.
CNBC's David Faber and John Raymond, The Energy & Minerals Group, founder and CEO, discuss the revolutionary impact of an energy independent North America an how it will reshape U.S. foreign policy.
Chevron says net income fell 6 percent in the third quarter as weak refining results offset higher oil and gas production.
ExxonMobil reported higher-than-expected results as output rose for the first time in more than two years. Refining weakness hurt profit.
BP's forecast beat analysts' estimates, it hiked its dividend, and promised to sell more assets and return the proceeds to shareholders.
CEO Bob Dudley says investors should view BP as a "fundamentally sound oil and gas company" and explains why the group is "excited about exploration."
Vandana Hari, Asia Editorial Director at Platts talks about the changing face of global energy landscape and highlights the upcoming key players.
Amos Hochstein, deputy assistant secretary for Energy Diplomacy at the U.S. Department of State explains the ongoing debate behind U.S. gas exports.
Chevron halted fracking on a Romanian well after a protest. The EU said it is committed to less dependency on fossil fuels. The Oilprice.com reports.
Where oil investors should put their money, with, Tim Rezvan of Sterne Agee. "We expect to see significant increased oil hedging through 2015," he says.
Is Concho a good bet? Its CEO Tim Leach says in the last 5 years, there has been more oil and gas discovered than what has been produced in the last 90 years, and discusses the costs to drilling.
Discussing the U.S. energy renaissance, with Chris Faulkner, Breitling Oil and Gas president and CEO. "I think this is making America more competitive," he says.
Kenya will start pumping its first commercial oil next year and begin exporting in 2016, but this is just the opening salvo.
The United States has overtaken Saudi Arabia to become the world's biggest oil producer as the jump in output from shale plays has led to the second biggest oil boom in history.
Alastair Newton, Senior Political Analyst at Nomura sheds light on the supply risks for oil markets this week.
First was Texas. Next came Pennsylvania and North Dakota. Could New York become the next natural gas hotspot?
Can the arm-wrestling CEO of Halcon Resources make his company profitable?
Peter Coleman, CEO of Woodside Petroleum, explains how it plans to manage the company's growing capital costs by moving its technology base.
ExxonMobil is now the worst-performing of the 30 blue-chip stocks that comprise the Dow Jones industrial average.