ANCHORAGE, Alaska— Strong winds and high waves that pounded the northern coast of Alaska have led Royal Dutch Shell PLC to temporarily stop exploratory oil drilling in the Arctic Ocean. "Due to high wind and sea states, we have paused all critical operations in the Chukchi Sea," said spokesman Curtis Smith in an email response to questions. The eastern Chukchi Sea...» Read More
BP's forecast beat analysts' estimates, it hiked its dividend, and promised to sell more assets and return the proceeds to shareholders.
CEO Bob Dudley says investors should view BP as a "fundamentally sound oil and gas company" and explains why the group is "excited about exploration."
Vandana Hari, Asia Editorial Director at Platts talks about the changing face of global energy landscape and highlights the upcoming key players.
Amos Hochstein, deputy assistant secretary for Energy Diplomacy at the U.S. Department of State explains the ongoing debate behind U.S. gas exports.
Chevron halted fracking on a Romanian well after a protest. The EU said it is committed to less dependency on fossil fuels. The Oilprice.com reports.
Where oil investors should put their money, with, Tim Rezvan of Sterne Agee. "We expect to see significant increased oil hedging through 2015," he says.
Is Concho a good bet? Its CEO Tim Leach says in the last 5 years, there has been more oil and gas discovered than what has been produced in the last 90 years, and discusses the costs to drilling.
Discussing the U.S. energy renaissance, with Chris Faulkner, Breitling Oil and Gas president and CEO. "I think this is making America more competitive," he says.
Kenya will start pumping its first commercial oil next year and begin exporting in 2016, but this is just the opening salvo.
The United States has overtaken Saudi Arabia to become the world's biggest oil producer as the jump in output from shale plays has led to the second biggest oil boom in history.
Alastair Newton, Senior Political Analyst at Nomura sheds light on the supply risks for oil markets this week.
First was Texas. Next came Pennsylvania and North Dakota. Could New York become the next natural gas hotspot?
Can the arm-wrestling CEO of Halcon Resources make his company profitable?
Peter Coleman, CEO of Woodside Petroleum, explains how it plans to manage the company's growing capital costs by moving its technology base.
ExxonMobil is now the worst-performing of the 30 blue-chip stocks that comprise the Dow Jones industrial average.
Jason Feer, COO Americas at Argus Media says that while challenges remain, Mexico's oil reforms are a step in the right direction.
Wilbur Ross, chairman and CEO of WL Ross & Co., says China is well aware that its shale gas ambitions will take time to materialize while Japan is showing green shoots under the leadership of Abe.
Judging by second-quarter earnings, the energy resurgence sweeping the world's largest economy is benefiting everyone except the largest U.S. oil and gas producers.
Chevron posted a decline in quarterly profit on Friday after maintenance work and a fall in oil prices knocked global oil and gas production.
Dominic Simpson, an executive at Rigzone, says that the public need more education on the benefits of shale which will bring 'extraordinary' economic benefits to the UK.