Suncor Energy has seen "a lot of interest" from potential merger partners, but is unlikely to consent to a deal with a large international company like ExxonMobil, Suncor's CEO said Tuesday.
The shift toward low carbon energy will take time and require a major change in the electricity industry, a study released by IHS CERA and the World Economic Forum says.
Oil prices could continue to feel pressure, if the global economy turns out to be weaker than expected and oil production continues to grow in places like the U.S., Brazil and Iraq, according to James Burkhard, vice president and head of oil market research at IHS.
The sources of transformation and its impact on our energy world will be the focus this week as more than 2,200 participants from more than 50 countries convene in Houston for the 32nd IHS CERAWeek energy conference.
Warren Buffett endorsed an idea that Jim Cramer has advocated for quite some time. How should you trade this emerging trend?
CNBC's Bertha Coombs reports weak demand for oil and gasoline drove the price below $90/barrel before it closed slightly higher, as China moved to cool off its housing market and the U.S. dealt with the sequester. It was a quiet day in the metals markets, as gold moved up only pennies on the day.
The study, funded by Alfred P. Sloan Foundation, showed a cumulative 44 trillion cubic feet of recoverable reserves from Barnett, with production declining through the year 2030. T
The oil and natural gas boom in the Bakken represents a "growth factor" for Burlington Northern Santa Fe, Warren Buffett told CNBC, and said they're spending "real money" on tests to convert rail cars to natural gas.
During the "Ask Warren" special on "Squawk Box," billionaire investor Warren Buffett responds to Jim Cramer's question about natural gas and the railroads.
CNBC's Jim Cramer asks Warren Buffett, Berkshire Hathaway chairman & CEO, about how Burlington is cashing in on the golden age of oil and gas, and whether BNI will eventually switch to natural gas on its locomotive engines.
The U.S. oil production boom had been expected, but the magnitude of change in such a short period of time is a surprise.
In a domestic energy market developing faster than just about anyone can remember, the key is in finding an edge.
SEC continuing investigation of company and CEO for a controversial program that grants McClendon a share in every well that Chesapeake drills.
CNBC's Bertha Coombs looks at natural gas, which had a good day after the EIA announced a larger drawdown than expected. Fund managers continued to move out of commodities and into stocks, she says.
A new report says America's natural gas boom could last for decades. Bill Holland, Platts Gas Daily associate editor.
CNBC's Bertha Coombs has the latest data from the EIA Inventory Report of natural gas supplies.
Charles Drevna, National Petrochemical and Refiners Association, discusses whether U.S. refineries are ready for the nation's new found supply of oil fields.
With U.S. oil prices at the lowest levels of the year, traders are looking ahead to the U.S. Energy Department's weekly gauge of oil inventories on Wednesday. CNBC's Sharon Epperson reports that analysts are expecting crude supplies to have risen by 2.6 million barrels in the past week.
Vladimir Putin may not be able to keep Bashar Al-Assad in power completely, but he may have formulated a plan to save the Middle Eastern strongman -- and boost Russia's power in the region, to boot, reports Oilprice.com.