Oil and Gas Oil and Gas Exploration

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  • 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

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

  • 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.

  • 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.

  • 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 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.

  • 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.

  • 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.

  • 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

  • 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?

  • 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.

  • 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.

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

  • 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.

  • 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.

  • mobile-payment-02-200.jpg

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

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

  • 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

    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.

  • The energy boom in the U.S. is providing a shock absorber of sorts for major oil companies, helping to hedge a strong dollar amid an the increase in domestic production.