BISMARCK, N.D.-- A tax agreement that standardized the rules and spurred oil drilling on an American Indian reservation in North Dakota is bringing in more than $40 million monthly for the state and tribal members, up from zero five years ago, state Tax Department records show.» Read More
"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.
A look at the energy company's exploration and production prospects, with Duane Grubert, Susquehanna Financial.
Texas is home to at least one-third of the jobs created nationwide since the recession ended. The state’s economy is growing about twice as fast as the national rate. Home prices have remained stable even as much of the country has seen sharp declines, the New York Times reports.
By some estimates, shale gas reserves in China could be bigger than those in the U.S. and Royal Dutch Shell hopes to be a major player in the market.
Not a single Asian country with territorial claims in the South China Sea has installed an oil drill in the heart of the disputed region, but that might soon change.
Goldman Sachs noted yesterday (Wednesday) that the energy sector has been outperforming in the last week, and the investment bank is looking for that trend to continue.
The news that 60 million barrels of oil will be released into the global energy markets is really about the White House finally recognizing what millions of American families already know: the economy is still too weak, the recovery too slow, and they need to try something new.
The “old” politics of Opec, which split the cartel and marred its influence in the oil market of the 1990s, have made an unexpected return after a decade-long absence. The FT reports.
Saudi Arabia has been quietly increasing its crude oil production ahead of Wednesday’s meeting of the Opec oil cartel, in a sign that Riyadh is trying to bring oil prices down to more comfortable levels for consumers in the US, Europe and China. The FT reports.
Discussing which companies will benefit most from shale oil drilling, with Daniel Dicker, TheStreet.com senior contributor.