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  • Cyprus' Bailout Hopes All About Petrodollars Friday, 22 Mar 2013 | 1:05 PM ET
    A sign on a Cyprus gas station limits customers to 30 euros to purchase gas.

    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.

  • US Doesn't Need an Oil Reserve--Get Rid of It: Pickens Tuesday, 19 Mar 2013 | 3:49 PM ET
    Boone Pickens, Chairman, BP Capital Management

    "Tell me the case where you need it?," T. Boone Pickens said of the US's strategic petroleum reserve. Getting rid of it would save the country "one heck of a lot of money," he said.

  • Neighbors 'Happy' With Iranian Warship? Not So Much Tuesday, 19 Mar 2013 | 12:30 PM ET
    Iran launches its new Jamaran-2 guided missile destroyer.

    Not everyone shared the same optimistic sentiments of safety that Iranian President felt after the deployment of a new warship into the Caspian Sea.

  • Power Shift: Energy Boom Dawning in America Monday, 18 Mar 2013 | 11:28 AM ET
    Men with Cabot Oil and Gas work on a natural gas valve at a hydraulic fracturing site on January 18, 2012 in South Montrose, Pennsylvania.

    NBC News and CNBC look at the implications US energy independence would have for the economy, other types of energy, foreign policy and the environment.

  • The Delay of China's 'Shale Gas Revolution' Sunday, 17 Mar 2013 | 7:40 PM ET
    China's 'Shale Gas Revolution': A Next Decade Event?

    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.

  • Commentary: N. Korea May Have Reason to Be Scared Monday, 11 Mar 2013 | 2:15 PM ET
    People watch a television broadcast on North Korea.

    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 Dream of US-Style Shale Gas Boom in Trouble Monday, 11 Mar 2013 | 5:00 AM ET

    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.

  • Why US Gas Exports Will Shake Up Global Market Thursday, 7 Mar 2013 | 6:32 AM ET
    Men work on a natural gas valve at a hydraulic fracturing site in South Montrose, Pa.

    Despite objections, the U.S. is heading down the road to export natural gas, and that could ultimately help shake up world energy markets.

  • Berkshire's BNSF Railroad Tests Switch to Natural Gas Thursday, 7 Mar 2013 | 6:08 AM ET
    A Burlington Northern Santa Fe train sits idle at the Port of Oakland.

    Rail company BNSF Railway expects to be moving a million barrels of oil a day in the not too distant future, and it would like to move it with natural gas powered locomotives.

  • Burlington North Santa Fe

    Rail company BNSF expects to be moving a million barrels of oil a day in the not too distant future, and it would like to move it with natural gas powered engines.

  • Enbridge CEO Says Ready to Spend to Expand US Network Wednesday, 6 Mar 2013 | 4:21 PM ET
    Oil pipelines run near storage tanks at the Enbridge Inc. Cushing Terminal in Cushing, Oklahoma, U.S.

    Enbridge CEO Al Monaco said Enbridge has $15 billion in hand to put into pipeline expansion.

  • Get Your Warships Here: World's Navies Flock to Lebanon Wednesday, 6 Mar 2013 | 12:55 PM ET
    French Navy flight deck operator off the coast of Lebanon.

    Newly discovered oil off the Lebanese coast has foreign militaries playing 'Battle Ship,' as they beef up their naval presence in the area.

  • US Oil Industry's Renaissance Since Last Dow Record Tuesday, 5 Mar 2013 | 3:53 PM ET

    When the Dow last set a record high in late 2007, the U.S. was worried about waning oil supplies and was producing about 40 percent less oil than now. But a technological breakthrough—the joining of hydraulic fracturing technology and horizontal drilling—has led to an energy revival.

  • A worker positions a tool on a length of pipe while changing a tool on the drill on a Chief Oil and Gas, LLC natural gas rig in Mifflin Township, Pennsylvania.

    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.

  • Carbon Cuts Require Big Shift by Power Industry: Study Tuesday, 5 Mar 2013 | 12:01 PM ET

    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.

  • Tumbling Oil Prices May Have Further to Fall Monday, 4 Mar 2013 | 9:40 PM ET

    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 Drivers of Change: CERAWeek Kicks Off Monday, 4 Mar 2013 | 8:27 PM ET
    Solar field, France

    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.

  • A Bounty of Natural Gas From Barnett: Survey Monday, 4 Mar 2013 | 10:52 AM ET

    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

  • Hess to Exit Retail to Focus on Oil, Gas Exploration Monday, 4 Mar 2013 | 10:26 AM ET

    Hess will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.

  • US Oil and Gas Boom Takes Many by Surprise Monday, 4 Mar 2013 | 6:55 AM ET
    A worker positions a tool on a length of pipe while changing a tool on the drill on a Chief Oil and Gas, LLC natural gas rig in Mifflin Township, Pennsylvania.

    The U.S. oil production boom had been expected, but the magnitude of change in such a short period of time is a surprise.