The company's net income attributable to controlling interest was $249 million, or 68 cents per share, in the first quarter ended March 31, compared with a loss of $483 million, or $1.33 per share, a year earlier. Excluding items, the company earned 69 cents per share. Revenue fell 34.4 percent to $1.34 billion. » Read More
As crude oil prices rise amid tensions between Russia and Ukraine, increased U.S. oil production is providing a cushion against even higher prices.
Sen. Lisa Murkowski of Alaska is asking the Department of Energy to analyze the economic impact of selling U.S. crude abroad.
Energy industry leaders at CERAWeek are sizing up new federal safety guidelines for rail shippers to figure out if they are on track.
As the energy industry gathers for CERAWeek in Houston, the issue of exporting the nation's burgeoning supply of oil will top the global agenda.
Greg Smith, Group CEO at Global Commodities makes a case for investing in gold even as yellow metal trade relatively lower from its lofty highs.
A surge in natural gas prices is playing out in consumers' utility bills this winter.
Regulators lay a lighter hand on natural gas than they do on the Keystone pipeline. There's little agreement on why.
Will you learn something? Will you make connections? Will they PAY you? See Glassdoor's advice on the best place to secure an internship.
RBC analysts said U.S. production will be absorbed by the rest of the world "with only modest price impact" over the next year.
Harold Hamm, Continental Resources Inc. CEO, discusses advances in the energy business, and the evolution of the Keystone Pipeline.
In his new book, "Get Rich Carefully," CNBC's Mad Money host Jim Cramer tells how to find value stocks in hot industry, tech and service sectors.
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 Mobil posted lower-than-expected quarterly profit on Thursday as it failed to offset declining production with fresh reserves.
US and Canadian officials are seeking for more stringent measures to prevent "a major loss of life" from oil train wrecks.
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 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.
The U.S. economy will continue to produce copious amounts of oil and natural gas through at least 2016.
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.
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.
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.