Oil & Gas News

A 72-year-old widow objecting to a natural gas pipeline bored beneath her front yard now faces condemnation proceedings from Chesapeake Energy.

Chesapeake Energy Corp. has said it will buy about 13,000 acres of mineral rights in a natural gas formation.

Four out of every five energy drilling permits filed in Louisiana is from the Shreveport office, the state Department of Natural Resources said.

Just heard Mark Levin mention this point on his show tonight. The item he referred to is from Mark Perry at istockanalyst.com , who commented on CNNMoney.com's coverage of Exxon Mobil's profit report today: ...

HOUSTON -- Oil giants Chevron Corp. and Total SA wrapped up a string of gargantuan, record-breaking earnings reports today, a stretch in which six of the major international oil companies topped $50 billion in ...

The Alaska Senate is prepared to vote Friday on whether the state should award TransCanada Corp.

HOUSTON : Engineering and construction services provider KBR Inc. said Friday its second-quarter profit fell sharply from a year-ago period boosted by asset sale gains, and also said results were hurt by hefty ...

The Dow industrials and the S&P 500 fell on Thursday as data showing weaker-than-expected economic growth and a jump in jobless claims increased concerns about the corporate profit outlook.

Enbridge Inc. has reported second-quarter earnings applicable to common shareholders of $657.7 million, up from $146.5 million a year ago thanks to a $556.1-million after-tax gain on the sale of its interest in ...

BP chief executive Tony Hayward held unannounced talks with Mikhail Fridman, one of the billionaire Russian shareholders in the Anglo-Russian TNK-BP oil firm, a spokeswoman for the Russian shareholders said ...

Environmental groups are criticizing and questioning Arkansas' agreement with an Oklahoma natural gas firm that wants to drill in wildlife areas.

Marathon Oil Corp. said Thursday it may split itself into two separate companies, one focused primarily on exploration and production and the other on refining and marketing.

Exxon Mobil Corp. reported second-quarter earnings of $11.68 billion Thursday, the biggest profit from operations ever by any U.S. corporation, but the results were well short of Wall Street expectations and ...

The Dow industrials and S&P 500 rose on Wednesday as a surprising increase in private-sector employment and central bank efforts to boost liquidity in stormy financial markets offset a surge in oil prices.

The Alaska state Senate is down to the final days of a second special session to decide whether to grant a state license for a natural gas pipeline project designed to unlock 4.5 billion cubic feet of North ...

The city of Madison has filed a trespassing charge against affiliates of a Texas-based oil company that is in Madison County surveying for carbon dioxide that could be used to increase oil production.

National Oilwell Varco Inc. cashed in on the world's growing need for oil and gas drilling with a 32% rise in net income, even after absorbing about $63 million in costs related to its purchase of Grant Prideco ...

Canadian Oil Sands Trust , the largest partner in the Syncrude oilsands project, increased its quarterly distribution Tuesday by 25 per cent to $1.25 per unit as it reported a second-quarter profit of $497 ...

Enlarge Photo COMMENT Monday, July 28, 2008; Page A17 Though he had been handpicked by Vladimir Putin , Dmitry Medvedev 's inauguration as Russia's president in early May inspired some in the West to hope for ...

A flurry of merger and acquisition activity including a multibillion-dollar coal combination gave the Toronto stock market a bit of juice after the opening bell, though the gains in the main index were weak.