PITTSBURGH— Energy company Range Resources said Thursday it has agreed to pay a $4.15 million fine for environmental violations at a western Pennsylvania site that handled natural gas drilling waste.» Read More
The U.S. is producing vast amounts of oil—but isn't quite in Saudi Arabia's league just yet, according to experts.
LONDON, July 10- Two years ago Total's chief Christophe de Margerie launched a "high risk, high reward" oil exploration strategy, betting he could hit a bonanza, even though his rivals had failed to make big discoveries.
MOSCOW/ LONDON, July 9- With President Vladimir Putin watching from afar, the head of Rosneft, Igor Sechin, launched the world's biggest oil drilling platform in the Okhotsk Sea to warm handshakes with his colleagues from ExxonMobil.
RIO DE JANEIRO, July 8- Brazil's most promising offshore oil province, the Santos Basin, has 400 times the number of oil leaks as its older and more prolific neighbor, the Campos Basin, a Brazilian university study says, raising concern about the environmental sustainability of the country's new oil wealth.
A "very small number" of disposal wells are behind a swarm of earthquakes plaguing Oklahoma, according to a new study.
ALBANY, N.Y., June 30- New York state's top court ruled on Monday that towns have the authority to ban gas drilling within their borders, giving a boost to opponents of the drilling method known as fracking.
ALBANY, N.Y., June 30- New York's top state court has held that towns have the authority to ban gas drilling within their borders, giving a boost to opponents of the drilling method known as fracking.
June 24- Disposal of wastewater from oil and gas drilling into a Colorado well was ordered halted this week after seismic activity was detected in the area, state regulators said on Tuesday.
Using conservation as a baseline, Opower broke down a few World Cup contenders according to their energy policies.
Backers in favor of the Canada-to-Texas pipeline are pointing to the crisis in Iraq as a rationale for pushing the project forward.
The head of Iraq's South Oil Company also insists that current developments have not affected and will not affect oil operations in the south.
Opponents of fracking may have hoped the drought would stop the water-using oil and gas drilling process. They are wrong, for now.
Michigan's AG filed felony racketeering and fraud claims against Chesapeake Energy, alleging the firm canceled land leases under false pretenses.
Senator Edward Markey on Thursday aims to ease Ukraine's fuel dependence on Russia by modernizing its heating infrastructure and updating its Soviet-era natural gas drilling capabilities.
What's bad news for consumers—namely, high energy prices—can be great for large investors and oil and gas companies.
RIO DE JANEIRO, June 3- A majority of creditors of Brazil's Oleo e Gas Participacoes SA approved the terms of restructuring plan for the bankrupt oil and gas exploration and production company, its lawyers said Tuesday.
New York's highest court will consider allowing local bans on hydraulic fracturing.
*Marathon fails to sell smaller UK business. OSLO, June 2- Marathon Oil Corp is to sell its Norwegian business for $2.1 billion to oil exploration group Det norske, part of plans to shed assets in Norway and Britain to free up cash for the U.S. firm's shale activities in the United States.
Ending the U.S. oil export ban could be a boon for growth, two research reports argued Thursday.
This appears to be the case with the increasingly confrontational situation between China and its neighbours over the South China Sea, with all sides still pressing claims unacceptable to each other. The latest flashpoint is the Chinese decision to position an oil drilling rig in the South China Sea in waters claimed by both China and Vietnam.