Oil & Gas News

No workers were injured or oil spilled when an exploratory well being drilled by a new company to Alaska's North Slope had an apparent blow-out Wednesday.

One of the largest cities in northwestern British Columbia has officially joined the opposition to the Enbridge Inc., Northern Gateway project.

Protesters are hoping to draw people from across the nation to Wichita over the President's Day weekend for an "Occupy Koch Town" event.

Cenovus Energy Inc. said fourth-quarter earnings were more than triple year-earlier levels on higher oil production and prices.

Talisman Energy Inc. cut its net loss in the latest quarter and saw its annual profit drop 18 per cent on lower natural gas price as well as rising operating expenses and taxes.

Gastar Exploration plans to drill for natural gas on 1,400 acres at Bayer Corp.'s plant site in West Virginia's Northern Panhandle.

Officials at a Sunoco refinery near Philadelphia say about 100 employees are being laid off at the end of the week.

An oil pump works Wednesday, May. 19, 2010, in the Persian Gulf desert oil field of Sakhir, Bahrain.

An aboriginal organization leading the fight to prevent oil tankers on the British Columbia coast once took money from Enbridge Inc., , the company planning to sail those same ships larger than the Empire State Building along the coast.

TransCanada has pushed back the possible startup date of a controversial pipeline that would carry Canadian oil to refineries in Texas.

A falling apple proves the law of gravity. The price of Apple stock is proving otherwise - soaring past $500 a share for the first time on Monday.

China's ambitions to unlock the natural gas trapped in shale rocks are likely to take longer than planned, boosting the nation's reliance on overseas suppliers from Exxon Mobil Corp.

Yellow Media Inc. . Directory publisher. Down three cents, or 19.35 per cent, at 12.5 cents on 11,690,973 shares.

Exxon Mobil is being shut out of bidding on the next round of oil and gas exploration contracts in Iraq because of its decision to sign an exploration deal with Kurdistan's regional government in the northern part of that country.

Gasoline prices could soon hit $4 a gallon, a threshold they haven't flirted with since last spring.

Canadian Natural Resources Ltd.'s Horizon oilsands mine won't return to full production until mid-to-late March, the major energy company said Monday.

A judge has dismissed all of the federal court claims against a BP PLC contractor sued over the deadly rig explosion and massive oil spill it spawned in the Gulf of Mexico.

Organizers of this year's Black Hills Stock Show don't have much time to bask in the fact that a record number of people attended this year's event in Rapid City.

Apple's stock broke above $500 for the first time Monday. It was the latest step in a rally that began more than two weeks ago, when the company reported staggering sales and profits for the holiday quarter.

's coast said on Sunday it had signed a 15-year deal to supply an Israeli power-plant operator with an estimated $680 million worth of gas.