*Iran paid $87 mln for Romanian rig to bypass sanctions. *Broker says he is targeted by interests in Tehran. DUBAI, Sept 4- Four years after Iran spent $87 million to buy an oil drilling rig that was never delivered, the broker in the deal has given his side of a story he describes as a cautionary tale for Western investors impatient for an end to sanctions.» Read More
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.
Chesapeake Energy hired Robert Douglas Lawler of rival Anadarko Petroleum as its new chief executive.
Transocean said shareholders voted out Chairman Michael Talbert at the annual meeting and backed a nominee of Carl Icahn to the board.
Hess and Elliott Management ended a long-running proxy feud, settling on a mix of new directors and putting a battle over the company's strategy behind them.
The concept of US energy independence is sparking debates about what it may mean for oil prices, and Saudi Arabia is doing a lot of the debating.
Everything seems to have gone wrong for the nuclear industry, which a few years ago was seen as a potential competitor to fossil fuels and was gearing up for a renaissance.
Hess plans to split the roles of chief executive and chairman, countering efforts by an activist investor to shake up management at the oil and gas producer.
The Marcellus Shale, a 600-mile formation brimming with natural gas, is becoming a major asset in the U.S. energy boom.
The Iraqi government and Kurdistan authorities put together a deal that could see the Kurds resume oil exports to Iraq in return for a revision of the Iraqi 2013 budget.
Japan's monetary policy and its sliding currency may have an unintended side-effect: pushing the country back into the embrace of nuclear technology.
The U.S. economy is awash in fossil fuel production, raising a tantalizing prospect of whether the U.S. should liquidate its Strategic Petroleum Reserve to help close the deficit.
Chevron on Friday reported first quarter profit that beat Wall Street's expectations, yet revenue was lower as refinery output suffered.
The explosions and fire, which critically injured three people, occurred across the Mobile River from where the Carnival Triumph is being repaired.
As the U.S. produces more of its own energy, pressure is mounting on the federal government to move quickly to export its natural gas bounty.
David Robson, Executive Chairman and President at Tethys Petroleum talks about the company's new joint operating project with Total and China National Petroleum Corporation in Tajikistan.
BP is now a markedly less "green" company than it was a few short years ago, highlighting certain business realities taking hold in the energy industry.
Energy stocks are a tricky trade, but Cramer likes this one, here and now.
Tony O'Reilly, CEO of Providence Resources, says Ireland could become the next big thing in oil and gas and that major exploration programs are being undertaken.
Venezuela's new president will govern as he thinks Chavez would have and oil and gas investors can expect a perpetuation of the status quo.
Lebanon's energy demand has jumped as hundreds of thousands of Syrian refugees have fled into Lebanon to escape the war in their country. But Lebanon may have found a fix.