SINGAPORE, Nov 26- Brent crude oil futures eased but U.S. crude extended gains on Thursday on light trading due to the Thanksgiving holiday, after a smaller-than-expected inventory build in the United States and a fall in the number of U.S. rigs actively drilling for oil. Brent lost 11 cents, or 0.2 percent, to $46.06 a barrel as of 0525 GMT. Brent has been weighed down...» Read More
Whiting Petroleum said it would acquire Kodiak Oil& Gas for $3.8 billion, becoming the largest producer in North Dakota's Bakken shale play.
The United States is swimming in oil and gas. However, processing this bounty is posing a challenge to U.S. refiners.
The U.S. is producing vast amounts of oil—but isn't quite in Saudi Arabia's league just yet, according to experts.
A "very small number" of disposal wells are behind a swarm of earthquakes plaguing Oklahoma, according to a new study.
Using conservation as a baseline, Opower broke down a few World Cup contenders according to their energy policies.
Backers in favor of the Canada-to-Texas pipeline are pointing to the crisis in Iraq as a rationale for pushing the project forward.
The head of Iraq's South Oil Company also insists that current developments have not affected and will not affect oil operations in the south.
Opponents of fracking may have hoped the drought would stop the water-using oil and gas drilling process. They are wrong, for now.
Michigan's AG filed felony racketeering and fraud claims against Chesapeake Energy, alleging the firm canceled land leases under false pretenses.
What's bad news for consumers—namely, high energy prices—can be great for large investors and oil and gas companies.
New York's highest court will consider allowing local bans on hydraulic fracturing.
Ending the U.S. oil export ban could be a boon for growth, two research reports argued Thursday.
Iraqi engineers are fixing the main oil pipeline to Turkey after it was shut for nearly three months in attacks by an al Qaeda cell.
The downgrade of California's oil reserves raises questions about the sustainability of the U.S. boom.
Some wonder whether Wall Street and Big Oil are to blame for the high price of gasoline. The answer is yes...and no.
As the summer driving season looms, U.S. retail gas remains stubbornly lodged near $4 per gallon.
The Obama administration announced its first steps toward what could be tighter regulation of fracking.
A mismatch between workers seeking jobs and the skills employers need may be trickling into the booming energy sector.
U.S. companies moving crude via rail must tell states when a cargo is moving across their jurisdiction, the Transportation Secretary said.
Freeport-McMoRan is selling its Eagle Ford Shale assets in Texas to an Encana subsidiary for $3.1 billion.