*U.S. rig count data at lowest since April 2011. NEW YORK, March 6- Crude oil prices closed down on Friday, with benchmark Brent losing its most in a week since January, as a resurgent dollar and fear of a U.S. rate hike diverted attention from the shrinking number of rigs drilling for oil in the United States. Benchmark Brent oil settled down 75 cents, or 1.2 percent, at...» Read More
Nat gas futures prices hit an intraday high of $4.078, their highest level in more than 18 months.
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.
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 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.
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.
Carl Sheldon, CEO of TAQA, tells CNBC his strategy for playing the African growth story in the coming years.
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.
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.
Sharing his "golden rules" to break America's dependence on foreign oil, with Boone Pickens, founder of BP Capital.
Not everyone shared the same optimistic sentiments of safety that Iranian President felt after the deployment of a new warship into the Caspian Sea.
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.
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.
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.
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 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.
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.
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 will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.
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.