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Oil and Gas Oil and Gas Exploration


  • Train Crash Spurs Rail vs. Pipeline Debate Tuesday, 9 Jul 2013 | 1:45 PM ET
    Firefighters battle blazes after a freight train loaded with oil derailed in Lac-Megantic, Quebec, on July 6, 2013.

    The catastrophic crash of an oil-laden freight train in a small Quebec town will bring more scrutiny to the railroad industry and may boost the case for pipeline development.

  • Fracking Brings Growth to Pennsylvania—for Now Thursday, 4 Jul 2013 | 11:25 AM ET

    Rural Pennsylvania was transformed into one of the nation's oil and gas boom regions virtually overnight thanks to abundant Marcellus Shale gas development.

  • Kilduff: Oil & Egypt Wednesday, 3 Jul 2013 | 4:00 PM ET
    Kilduff: Oil & Egypt

    CNBC's Patti Domm talks oil and geopolitics with John Kilduff, Again Capital.

  • Natural gas supply glut? Don't count on it Wednesday, 26 Jun 2013 | 6:00 AM ET
    Workers install a natural gas pipeline.

    Some observers warn that surging shale development and natural gas discoveries are spawning a potential glut, but most observers say thirsty markets stand ready to absorb supply.

  • Energy Giants Get Their Guard Up Against Terrorism Monday, 24 Jun 2013 | 12:49 PM ET
    The In Amenas Gas Plant facility, Algeria

    Statoil said last week it was forming a special operations division to handle emergency operations in response to a terrorist attack on a natural gas facility in Algeria.

  • In Moving US Oil, 'Flexible' Rail Bests Pipelines Monday, 24 Jun 2013 | 10:40 AM ET
    A Burlington Northern Santa Fe train sits idle at the Port of Oakland.

    U.S. oil pipeline projects are mired in fractious regulatory and political problems. Yet railways--which experts say are faster and more flexible--are stepping in to save the day.

  • SandRidge Power Struggle Culminates in CEO Ouster Thursday, 20 Jun 2013 | 7:38 AM ET
    Sandridge Energy Inc.

    SandRidge Energy's board of directors removed the energy company's founder and chief executive after a months-long struggle with activist investors.

  • A Few Voices Warn of US Energy Revolution 'Hype' Tuesday, 18 Jun 2013 | 1:37 PM ET
    Shale Rock from fracking.

    U.S. energy independence is seen almost as a holy grail, and soaring shale production has heightened hopes that the country may actually get there. But not everyone's so sure.

  • US Gas, Oil Output at Record Highs Friday, 14 Jun 2013 | 11:21 AM ET

    The shale revolution helped push oil production in the world's largest economy to a record last year, BP said in a report this week.

  • No Prenup, Secret Video May Cost One CEO a Fortune Friday, 14 Jun 2013 | 8:16 AM ET
    Harold Hamm and his wife Sue Ann Hamm, in April, 2012

    Continental Resources' CEO is worth at least $11 billion, and a split from his wife could result in the largest divorce settlement in history

  • Lots of NatGas for Cars, Just Nowhere to Pump It Wednesday, 12 Jun 2013 | 2:07 PM ET

    There's excitement over the possibility that natural gas may overtake gasoline as primary fossil fuel for vehicles. There's one problem: Where would a natgas car fill up?

  • US Oil Is Ready—The Challenge Is Getting It There Saturday, 8 Jun 2013 | 10:09 AM ET
    An oil drilling rig is seen drilled into the Bakken Formation, one of the largest contiguous deposits of oil and natural gas in the United States.

    Observers say inefficiencies in the U.S. transportation system are helping to keep gas prices elevated, and the lack of pipelines make oil producers rely on railroads.

  • Start Your Engines: NatGas Coming to Your Tank Friday, 7 Jun 2013 | 9:27 AM ET
    Honda's compress natural gas powered Civic GX undergo final testing at the Japanese automaker's Greensburg, Indiana plant.

    There aren't a lot of motor vehicles using natural gas, but that could be changing thanks to a confluence of trends.

  • Some Look to Norway as Model for US Oil Bounty Sunday, 2 Jun 2013 | 1:33 PM ET

    State control of natural resources tends to evoke images of authoritarian countries, yet the most oft-cited example for the U.S. is Norway.

  • Syria Has a Driver's Seat, and the US Isn't In It Thursday, 30 May 2013 | 3:45 PM ET
    Protestors wave Free Syria's flags and chant slogans during a demonstration.

    There is no favorable outcome in Syria at this point—only the least unfavorable—and even that will not likely be dictated by Washington.

  • Why California Oil Country Lags in US Shale Boom Thursday, 30 May 2013 | 12:52 PM ET
    Oil workers on a hydrofracking site.

    California is an alternative energy giant, but is also home to one of the best-kept secrets of the U.S. fossil fuel renaissance – the Monterey shale.

  • Disrupting the World, One Device at a Time: Citi Wednesday, 29 May 2013 | 3:07 PM ET

    Citigroup recently cataloged a clutch of new technologies, including mobile payments and energy production, that are disrupting markets and sparking innovation.

  • Even in an Oil Boom, Production Growth Is Slow Tuesday, 28 May 2013 | 10:27 AM ET

    Oil depletion is a hot topic rarely mentioned in the context of America's budding energy boom. Yet some murmurs are out there.

  • Oil Prices, Dollar May Set Off on New Relationship Friday, 24 May 2013 | 9:42 AM ET

    With the world's largest economy suddenly awash in oil and gas, might the U.S. dollar join the ranks of the dollars of Canada and Australia as a "commodity currency"?

  • We Have a Lot of Pricing Power: TGS CEO Thursday, 23 May 2013 | 3:30 AM ET
    We Have a Lot of Pricing Power: TGS CEO

    Robert Hobbs, CEO of TGS, explains that TGS provides data and services to oil and gas companies and why its current position gives him a lot of pricing power.