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.
The U.S. shale boom will create a virtuous cycle that may hold down energy costs and support the recovery, Goldman said on Friday.
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.
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.
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.
Transocean said it reached an agreement with Carl Icahn.
Creating an export-driven natural gas renaissance in the United States requires building infrastructure—and a lot of it.
Chevron says net income fell 6 percent in the third quarter as weak refining results offset higher oil and gas production.
ExxonMobil reported higher-than-expected results as output rose for the first time in more than two years. Refining weakness hurt profit.
BP's forecast beat analysts' estimates, it hiked its dividend, and promised to sell more assets and return the proceeds to shareholders.
Vandana Hari, Asia Editorial Director at Platts talks about the changing face of global energy landscape and highlights the upcoming key players.
Whiting Petroleum Chairman and CEO James Volker discusses the improving technology for drill bits, and just how oil-rich the Niobrara in Colorado is.