Italian energy group Eni said it had discovered potentially one of the world's largest natural-gas fields off the Egyptian coast.» Read More
Gasoline prices are up 8 cents in the past two weeks and will likely continue climbing through April. Experts say the 2013 national average will likely top out at about $3.95 a gallon.
The latest chapter of the Deepwater Horizon saga has been written, and it could send shares of Transocean, the owner of the drilling rig that spawned the Gulf of Mexico spill, higher.
The implications of Hugo Chavez's illness are enormous, for Venezuela, for the world, and particularly for the U.S., which remains highly dependent on imports of Venezuelan crude.
Solar technology can use heat from the sun to extract heavy crude from aging fields — an idea that is gaining ground with Big Oil companies.
Karim Rahemtulla, Director of Resources, Oil & Energy Daily says that natural gas is a good long term play as Americans switch to the energy resource.
Russia's Gazprom will beat Exxon Mobil this year to become the most profitable company in the world, and yet its shares are down 18 percent. Why? The answer may lie with the priorities of Russian President Vladimir Putin.
Despite pressure from the U.S. and others, several companies are still investing in the Iranian energy sector.
Federal and state authorities plan to announce a record $1.9 billion settlement with HSBC on Tuesday, a major victory in the government's broad crackdown on money laundering at banks.
Abundant nat gas could benefit this utility more than others. Here's why.
Energy security expert Michael Levi discusses how the oil and gas industry is heading toward transformation.
America should embrace shipping its surplus natural gas abroad, according to a study released on Wednesday.
From auto sales to health care to the NFL to the price of gasoline, CNBC's anchors, reporters, editors and contributors make calls on what 2013 will bring.
In December, the U.S. military will have only one aircraft carrier in the Persian Gulf for the first time in two years. The Iranian navy said it was kicking off a military exercise in the region at that time. If talks scheduled between Tehran and the IAEA turn sour, there's potential for Iran to exploit the security vacuum for geopolitical gain.
Natural gas futures traded slightly higher following the release of its weekly storage report from the U.S. Energy Department.
Activism surrounding fracking has now migrated into the ranks of actual shareholders in the companies that perform fracking.
With natural gas trading near a one-year high, Royal Dutch Shell, one of the world's largest integrated oil and gas companies, is making a big bet on the future of the cleanest of all fossil fuels.
A transformation in our oil and gas production is leading to a sea change that will put the U.S. at the head of the line in global oil production by the end of the decade.
Tom Bergin, reporter for Reuters, explains to CNBC the implications of an IEA report that states the U.S. will become the world's largest oil producer by the end of the decade.
The national average for retail gasoline fell slightly below $3.50 a gallon Friday for the first time since March 6, according to OPIS and AAA.
Gasoline futures continued to trade higher in the electronic session Thursday as the latest track of Hurricane Sandy looked headed straight for the heart of the East Coast refining industry.