An oil price of between $60 and $70 per barrel is both a "sweet spot" and "pain threshold" for rival oil producers in the U.S. and OPEC according to the head of EMEA Oil & Gas Research at JPMorgan. » Read More
By: Sam Meredith
Russian Energy Minister Alexander Novak told CNBC that Moscow will be fully compliant with OPEC-led supply cuts over the coming weeks. » Read More
Texas Republican Sen. John Cornyn calls New York Rep. Alexandria Ocasio-Cortez's Green New Deal a 'solution in search of a problem' at the CERAWeek energy conference in Houston. » Read More
Government officials and executives from the U.S. and Europe square off in tense debates over the Nord Stream 2 pipeline at a major energy conference. » Read More
The Permian Basin is booming and pipeline projects are expected to add millions of barrels to supply in the years to come. Couple that with a low-yield world and investors keep heading back to risky oil and gas MLPs for income.
A nationwide power failure in crisis-stricken Venezuela could trigger "serious disruption" to the oil market, the IEA warned on Friday.
Oil companies drilling in shale basins like the Bakken have cut back on spending to increase return to shareholders as oil prices are pressured, but investors are punishing the stocks anyway, since it is leading to lower production-growth forecasts.
Amazon thinks that volatile price swings in the boom-and-bust oil business are a perfect match for its web services cloud computing division.
Perry's stance clashes with comments made by other members of his administration — including his boss, President Donald Trump.
A State Department official on Iran says the oil market supply forecast for 2019 will exceed demand globally this year by 400,000 barrels, giving the U.S. more room to be aggressive on sanctions and try to take Iranian crude supply to zero.
OPEC is seeking to change the way Americans think about the group, under threat of anti-OPEC legislation in Congress.
Cypriot, Egyptian, Greek, Israeli, Italian, Jordanian and Palestinian Ministers of Energy established the East Med Gas Forum in January. The countries have been utilizing energy diplomacy to align interests and foster long-lasting relationships.
Algeria's longtime president has conceded to popular demands to abandon his re-election bid after three weeks of massive protests. But a giant question mark now hangs over what happens next.
The U.S. will continue to do whatever it takes to rid Venezuela of disputed leader Nicolas Maduro, Secretary of State Mike Pompeo told CNBC.
BP CEO Bob Dudley said anti-OPEC legislation under discussion in the House that would make it illegal under US law for foreign nations to work together to limit fossil fuel supplies and set prices, would have serious and unpredictable consequences
The U.K. is a "great place for us," says BP CEO Bob Dudley, who says the oil and gas company has no plans to leave.
Facing the loss of output from two member states, OPEC and its partners meet this weekend in Azerbaijan to assess the progress of their agreement to hold back oil from the market.
Chevron Chairman and CEO Michael Wirth says he's open to Rep. Alexandria Ocasio-Cortez's Green New Deal as a conversation starter about how companies should best reduce their impact on the environment while providing reliable energy.
Energy thought leaders join oil and gas executives in largely dismissing the Green New Deal as unrealistic and politically divisive at the CERAWeek by IHS Markit conference.
The Alberta economy in Canada is in crisis as the price for its low-grade crude plummets. A second pipeline is needed to boost oil exports to Asia. But there is controversy over the project and no investors in sight.