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.» Read More
Despite natural gas prices falling to near 10-year lows last week, Shell's CEO Peter Voser says demand for gas will be much higher than oil in the long term with the Asia-Pacific region driving the sector's growth.
Daniel Stecich, TJM Institutional Services and CNBC's Rick Santelli discuss the Keystone pipeline debate.
The holidays are over and so are the low gas prices enjoyed by drivers. The national average of $3.20 a gallon is "as low as you're going to go," Joe Petrowski, CEO of Gulf Oil, told CNBC Tuesday.
CNBC's Brian Shactman reports Statoil bought Brigham Exploration in a $4.4B deal.
In this new era of permanently high oil, stick with the best drilling plays like Ensco, says Mad Money's Cramer, and avoid the losers like Transocean.
Where oil prices are headed in 2012 from both a technical and a fundamental standpoint, with Abigail Doolittle, Peak Theories Research, and Stephen Schork, The Schork Report.
Jonathan Dienst, WNBC reports the IAEA says there is credible information that Iran is secretly designing a nuclear bomb; attorney general, Eric Holder was grilled on Capitol Hill; the government will auction off blocks for oil & gas exploration, and the NBA players have rejected an offer by league owners.
The “Mad Money” talks with MarkWest Energy’s CEO and talks about why he thinks this play on oil and gas works.
This week's mega-mergers have suddenly forced mid-sized players to reexamine their strategies.
"Brent looks quite vulnerable to me and I do expect Brent to come down closer to $100 a barrel next year," Stuart Joyner, oil and gas analyst at Investec, told CNBC.
Harold Hamm, Continental Resources chairman/CEO discusses the discovery of over 20 billion barrels of untapped oil in the Bakken shale fields, and its impact on energy prices.
Mad Money hosts Jim Cramer explains KMP's merger with El Paso is a huge endorsement of natural gas; Statoil buying Brigham Exploration tells investors that foreigners recognize the US shale play; and ETP selling its propane biz to AmeriGas makes it a more attractive stock.
Anthony Marino, Baytex Energy president & CEO, discusses what's behind Baytex Energy's 15% boost over the last week, saying BTE generated 76% of its Q2 2011 revenue from heavy oil.
CNBC's Bertha Coombs reports on the oil industry from Larose, Louisiana, where the promise of paying jobs is fueling the call for expanded drilling.
The energy industry has undergone a “tectonic change,” shifting from a focus on conventional reservoirs to focusing on unconventional reservoirs, Will VanLoh, president and CEO of Quantum Energy Partners, told CNBC Wednesday.
The World Health Organization recently released a report on air quality in countries around the globe, on which we based a list of the ten most polluted countries.
A Libyan official says five foreign oil and gas companies have returned to Libya to resuscitate production choked off by civil war and sanctions.
Libya may only be the world’s 17th largest producer, but its oil is of a quality and grade that makes it invaluable to the larger market, says blogger John Kilduff.
CNBC's Brian Shactman with a look at the largest oil play discovery in the past 40 years and how companies are profiting from it.
Discussing the fate of Libyan oil fields and its impact on the price of crude, with Fadel Gheit, Oppenheimer & Co. senior energy analyst.