U.S. crude oil production surged last year by the largest volume in more than 100 years.
American producers pumped an additional 1.2 million barrels per day of crude oil and condensate in 2014 compared with the year ...
State energy firm Saudi Aramco has extended the deadline for companies to bid for work on its unconventional gas facilities in the north of the country, signalling it remains committed to developing shale gas deposit ...
The number of barrels of oil produced per day in North Dakota set a record in December, but the tally of rigs in the oil patch has dropped precipitously since then, state regulators said Friday.
North Dakota's Senate is considering legislation that would drastically cut the time oil companies can burn off and waste natural gas from an oil well.
Statoil and Southwestern Energy Company have completed their previously announced transaction, whereby Statoil has reduced its average working interest in the non-operated US southern Marcellus onshore asset from 29% ...