ROME— The Italian energy company Eni SpA announced Sunday it has discovered a "supergiant" natural gas field off Egypt, describing it as the "largest-ever" found in the Mediterranean Sea. Eni said the discovery— made in its Zohr prospect "in the deep waters of Egypt"— could hold a potential 30 trillion cubic feet of gas over an area of 100 square kilometers.» Read More
Mexico's new energy reforms will not only increase foreign investment, but will also help domestic firms across the economy.
As booming shale pushes U.S. oil production to near 9 million barrels per day, some say U.S. strategic interests are being realigned.
As the U.S. muscles its way back into the very top echelon of global oil and gas production, Alaska is being left in the dust.
The Middle East and other oil-producing countries are hotbeds of instability. So why is oil falling instead of rising?
Exxon Mobil began drilling for oil in the Arctic on Saturday in a project with Rosneft, despite sanctions imposed on the Russian company.
A major benefit of the U.S. shale boom is how deeply it has cut into the vast the trade imbalance, bolstering the dollar.
Russia and Iran have yet to agree on details of an oil-for-food deal, highlighting global pressures on both countries.
Russia's Energy Ministry said it was withdrawing Minister Alexander Novak's statement on cooperation with Iran on crude oil shipments.
Chevron reported second-quarter earnings on Thursday that beat Wall Street's expectations.
ExxonMobil reported a stronger-than-expected profit on Thursday as higher prices for its crude and natural gas offset a 6 percent drop in production.
The Bakken, Eagle Ford and Permian Basin are generating more than a million barrels of oil per day each, a third of U.S. daily production.
U.S. shale has put the country on the same terrain as Saudi Arabia and Russia. In the process, it may turn oil into a safe haven.
Even as U.S. shale companies pursue mergers, analysts don't expect them to become echoes of Big Oil deals that eventually fell flat.
A Texas judge upheld a $3 million verdict in favor of a family who claimed that oil and gas drilling near their land made them sick.
Big mergers are afoot. But is a major shale oil deal a sign of a strong market?
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.