Energy Equipment and Services Oil and Gas Drilling Commodity Market Trades, Charts


  • Big Oil sings the blues as US gushes oil, gas Friday, 31 Jan 2014 | 11:32 AM ET

    The world's largest consumer of energy is producing oil and gas hand over fist. Judging by some of Big Oil's earnings results, you couldn't tell.

  • Exxon profit misses estimates as production falls Thursday, 30 Jan 2014 | 8:48 AM ET

    Exxon Mobil posted lower-than-expected quarterly profit on Thursday as it failed to offset declining production with fresh reserves.

  • US, Canada team up to avoid deadly train wrecks Thursday, 23 Jan 2014 | 12:47 PM ET
    Firefighters battle blazes after a freight train loaded with oil derailed in Lac-Megantic, Quebec, on July 6, 2013.

    US and Canadian officials are seeking for more stringent measures to prevent "a major loss of life" from oil train wrecks.

  • BP bid to stop 'fictitious' oil spill claims fails Saturday, 11 Jan 2014 | 1:11 PM ET

    One of BP's attempts to curb payouts for what it says are "absurd" claims related to the 2010 Gulf of Mexico oil spill has failed.

  • BP alleges fraud in Gulf oil spill claims Wednesday, 18 Dec 2013 | 11:59 AM ET
    Workers shuck oysters at Crystal Seas Oysters April 15, 2011, in Pass Christian, Miss. The oyster industry was crippled by the BP oil spill.

    BP accused a Texas lawyer of fraudulently driving up its settlement costs in the 2010 Gulf Coast oil spill by representing "phantom" clients. The New York Times reports.

  • US oil, gas juggernaut on course through 2016: EIA Monday, 16 Dec 2013 | 12:44 PM ET
    A natural gas well at a fracking site in Washington Township, Pa.

    The U.S. economy will continue to produce copious amounts of oil and natural gas through at least 2016.

  • Supreme Court rejects oil spill contempt case Monday, 16 Dec 2013 | 11:22 AM ET
    Fire boats battle a fire at the off shore oil rig Deepwater Horizon April 21, 2010 in the Gulf of Mexico.

    The Supreme Court has rejected an appeal filed by businesses affected by a moratorium on deep sea drilling that the government imposed in May 2010.

  • Iran's oil export ambitions Monday, 9 Dec 2013 | 2:30 AM ET
    Iran's oil export ambitions

    Richard Mallinson, geopolitical analyst at Energy Aspects, and Peter Hutton, energy analyst at RBC Capital Markets, debate whether Iran could increase oil production as soon as sanctions are lifted next year.

  • Norse Energy to sue NY over fracking report Friday, 6 Dec 2013 | 4:51 PM ET
    Norse Energy to sue NY over fracking report

    Thomas West, attorney for Norse Energy, discusses why the company will sue New York State if the environmental impact report on fracking is not released soon. He says he's sure fracking can be done safely.

  • 'New cycle' beckons amid US energy boom: Goldman Friday, 6 Dec 2013 | 1:39 PM ET
    A gas flare is seen at an oil well near Williston, North Dakota.

    The U.S. shale boom will create a virtuous cycle that may hold down energy costs and support the recovery, Goldman said on Friday.

  • Profiting from US oil and gas? Tuesday, 26 Nov 2013 | 1:54 PM ET
    Profiting from US oil and gas?

    Gregory Zuckerman, The Wall Street Journal senior writer, says to focus on the mid-size and smaller players in the oil space for the most profit.

  • What does the future hold for BP? Tuesday, 26 Nov 2013 | 3:45 AM ET
    What does the future hold for BP?

    Tom Bergin, author of Spills and Spin: The Inside Story of BP and European corporate strategy correspondent at Reuters, discusses the latest episode in the BP oil spill saga.

  • Transocean bows to Icahn Monday, 11 Nov 2013 | 9:17 AM ET
    Transocean bows to Icahn

    The "Squawk on the Street" discuss the deal between Carl Icahn and Transocean to resolve is proxy battle. CNBC's Jim Cramer says Transocean is a long term play but not his favorite.

  • Carl Icahn, chairman of Icahn Enterprises Holdings

    Transocean said it reached an agreement with Carl Icahn.

  • Export nation: 10 US natgas projects to watch Thursday, 7 Nov 2013 | 12:09 PM ET

    Creating an export-driven natural gas renaissance in the United States requires building infrastructure—and a lot of it.

  • Chevron profit falls on refining weakness Friday, 1 Nov 2013 | 8:56 AM ET

    Chevron says net income fell 6 percent in the third quarter as weak refining results offset higher oil and gas production.

  • Exxon's quarterly profit down, but output rises Thursday, 31 Oct 2013 | 9:22 AM ET
    Exxon Mobil brand motor oil is displayed for sale at a gas station at the Kickapoo Service Center in Edwards, Illinois

    ExxonMobil reported higher-than-expected results as output rose for the first time in more than two years. Refining weakness hurt profit.

  • BP ups asset sales, dividend as big oil kicks off Tuesday, 29 Oct 2013 | 7:21 AM ET

    BP's forecast beat analysts' estimates, it hiked its dividend, and promised to sell more assets and return the proceeds to shareholders.

  • Rising fortunes of Asia's energy sector Monday, 28 Oct 2013 | 8:20 PM ET
    Rising fortunes of Asian energy sector

    Vandana Hari, Asia Editorial Director at Platts talks about the changing face of global energy landscape and highlights the upcoming key players.

  • Whiting CEO: Technology improvements saving time Friday, 25 Oct 2013 | 6:45 PM ET
    Whiting CEO: Technology improvements saving time

    Whiting Petroleum Chairman and CEO James Volker discusses the improving technology for drill bits, and just how oil-rich the Niobrara in Colorado is.