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
NEW YORK, Sept 18- Contaminated water spilling from flooded oil and gas drilling sites in Colorado is refocusing attention on the environmental risks surrounding America's fracking boom.
Can the arm-wrestling CEO of Halcon Resources make his company profitable?
HOUSTON, Sept 12- BP Plc has begun appraisal drilling in its highly touted Tiber oil prospect in the Gulf of Mexico, the company said on Thursday, more than three years after its massive Macondo blowout and crude spill froze drilling in the basin for months.
NEW YORK, Sept 9- Chesapeake Energy Corp has agreed to release more than 13,000 acres of land leased for oil and gas drilling in New York state as a ban on fracking extends into its sixth year, a statement from lawyers involved in the case confirmed on Monday.
ANCHORAGE, Alaska, Sept 6- MersShell has agreed to pay $1.1 million for air-quality violations from the vessels it used to drill two oil-exploration wells in Arctic waters off Alaska last year, federal regulators said.
LONDON, Sept 3- Oil exploration at a site in rural England that sparked anti-fracking protests two weeks ago will be put on hold later this month and reconsidered next year with the freeze hailed a "cautious victory" by campaigners.
Aug 29- Fluids used in the controversial oil and gas drilling technique called hydraulic fracturing likely harmed fish in Kentucky, the U.S. Geological Survey said on Thursday.
RIO DE JANEIRO/ KUALA LUMPUR, Aug 27- Shares of OGX Petróleo e Gas Participações SA slid 14.8 percent on Tuesday as the troubled oil producer abandoned its plan to purchase several oil exploration licenses and its venture with the Malaysian state oil company appeared to be in serious trouble.
RIO DE JANEIRO/ KUALA LUMPUR, Aug 27- Shares of OGX Petróleo e Gas Participações SA fell on Tuesday as the troubled oil producer abandoned the purchase of several oil exploration licenses and a venture with Malaysia's Petroliam Nasional Bhd appeared to be in serious trouble.
RIO DE JANEIRO/ KUALA LUMPUR, Aug 27- Shares in OGX Petróleo e Gas Participações SA fell for the first day in eight on Tuesday as the troubled oil producer abandoned the purchase of several oil exploration licenses and a venture with Malaysia's Petroliam Nasional Bhd seemed at serious risk.
SAO PAULO, Aug 27- Brazil's OGX Petróleo e Gas Participações SA on Tuesday abandoned plans for the purchase of a number of oil exploration licenses, as the embattled oil producer reassesses its exploration and production program.
GREENBRIER, Arkansas, Aug 27- Tony Davis, a 54- year-old construction worker in central Arkansas, said he welcomed the boom in natural gas drilling that brought jobs and new businesses to his hometown starting about a decade ago.
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.
BALCOMBE, England, Aug 19- British police dispersed hundreds of protesters who blocked access to an oil exploration site in rural England on Monday in an intensification of an almost month-long standoff over the nascent shale gas extraction industry in Britain.
BALCOMBE, England, Aug 18- British opposition to shale gas extraction flared up in the tiny village of Balcombe on Sunday as hundreds marched on an oil exploration site in protest at the drilling process known as' fracking'.
QUITO, Aug 15- Ecuador will open up part of the Amazon rainforest to oil drilling after rich nations failed to back a conservation plan that would have paid the country not to explore in the area, President Rafael Correa said on Thursday.
LONDON, Aug 15- Fracking set off a modern day land rush across the United States, as "land men" acting on behalf of exploration and production companies scrambled to secure rights to drill and fracture underground formations for oil and gas.
Jason Feer, COO Americas at Argus Media says that while challenges remain, Mexico's oil reforms are a step in the right direction.
RIO DE JANEIRO, Aug 9- Brazil's state-controlled oil company Petroleo Brasileiro SA on Friday reported second-quarter profit of 6.20 billion reais, reversing a year-earlier loss after an accounting rule change allowed it to avoid $3.5 billion in non-cash, exchange-rate charges.