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 ...
In the coming decade, China's natural gas market is expected to undergo robust growth fueled by a number of environmental and economic drivers. A much discussed natural gas strategy for China is to develop its shale ...
Striking United Steelworkers at Marathon Petroleum Corp.’s Kentucky oil refinery will return to work next week for the first time in more than two months, leaving workers at four other U.S. sites still on strike.
An Iranian official has rejected an official piece of document by the White House stipulating that lifting sanctions imposed on Iran over its nuclear activities would be based on a step-by-step mechanism.
Lenders are preparing to cut the credit lines to a group of junk-rated U.S. shale oil companies by as much as 30 percent in the coming days, dealing another blow as they struggle with a slump in crude prices, accordi ...
An energy company is looking to export natural gas to Europe from Downeast Maine, changing the scope of a project that has been in the works for over a decade.
The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine.