Intercontinental Exchange Inc. says its Dutch natural gas market has the potential to become a world beater in energy trading.
When the owner of the New York Stock Exchange bought an energy bourse in Amsterdam seven years ago, …
Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed production cuts into a second month, a Saudi official familiar with the policy said.
The move is the latest sign Riyadh …
OPEC’s loss of market power to what was once its biggest customer will continue until the middle of the next decade as U.S. shale oil thrives.
By 2024, the Organization of Petroleum Exporting Countries’ capacity to pump crude …
Venezuela must pay ConocoPhillips more than $8 billion to compensate for the 2007 expropriation of oil assets by the late socialist leader Hugo Chavez, the World Bank ruled on Friday, making the U.S. energy company the largest victor …
A shareholder activist will challenge PDC Energy Inc. in an effort to change the way the oil producer pays its executives, part of a broader push by investors to force U.S. energy producers to focus …
Drillers are moving ahead in a corner of Canada’s oil sands that saw a flurry of land grabs in recent years, unfazed by a glut of crude that depressed prices last year and the mandatory production cuts that …
The largest democratic exercise on Earth is set to give the oil market a shot in the arm.
About 875 million Indians will go to polls over the next three months to elect their leader, dwarfing the 158 …
Pengrowth Energy Corp. is considering selling itself as the driller moves to lighten its debt load following a collapse in Canadian oil prices that pummeled the nation’s energy industry.
The Calgary-based explorer is weighing a sale, merger or …
Exxon Mobil Corp. tumbled more than any other blue-chip stock after boosting spending to heights not seen since the historic oil-market collapse began in 2014, bucking the cost-cutting trend among rival energy explorers.
Exxon’s annual capital outlays will …
China Petroleum and Chemical Corp plans to sign a 20-year liquefied natural gas (LNG) supply agreement with Cheniere Energy once China and the United States end their trade dispute, two sources with knowledge of the matter said on …
Colombia’s state-run oil company Ecopetrol SA is looking to spend $500 million in exploring unconventional deposits over the next three years, its chief executive said on Tuesday, starting with pilot programs in the Magdalena Medio region.
“We’ve applied …
Total has agreed to buy a 10 percent stake in the Arctic LNG 2 project from Russia’s Novatek, as the French energy group looks to build up its presence in the area to service a fast-growing Asian market.…
Just as Venezuelan state-run oil company PDVSA was running out of an obscure product needed to thin out its crude and keep exports flowing in the wake of U.S. sanctions, Russia is coming to the rescue.
Cheniere Energy Inc.’s expected $18 billion deal to supply natural gas to China signals the company’s growing bet on the country, and China’s emergence as a top market for U.S. gas exporters.
In a move …
Federal regulators have authorized Venture Global’s $4.5 billion Calcasieu Pass LNG project in Louisiana to export to China, South Korea, Japan and a number of other nations where liquefied natural gas prices are higher.
The U.S. Department …
A new wave of belt tightening ushered in 2019 among natural gas producers in the Appalachian basin.
Publicly traded companies who are among the region’s biggest producers — EQT Corp., Range Resources, CNX Resources Corp. and …
Shale companies’ strategy to supercharge oil and gas production by drilling thousands of new wells more closely together is turning out to be a bust. What’s more, the approach is hurting the performance of older …
Canada’s already beaten-down oil industry is facing a fresh setback as regulatory issues bog down another key pipeline project.
The roughly one-year delay to Enbridge Inc.’s expansion of its Line 3 conduit, announced late Friday, threatens …
Arab Spring-style protests have rocked Europe’s third-biggest natural gas supplier. Thousands of young Algerians have taken to the streets, fed up with an octogenarian president who’s been in power for 20 years and a weak economy that doesn’t …
Israel is sweetening the terms of its new gas exploration tender in order to entice major energy firms to put aside concerns about geopolitical and regulatory issues, and finally drill off the nation’s Mediterranean coast.
Up for grabs …
There’s enough as-yet-unassigned oil under the Atlantic Ocean off Brazil’s Rio de Janeiro to keep the entire world running for almost six months. So why is the crude just sitting there? A contract dispute between oil giant Petrobras …
Australia is on the verge of becoming the biggest exporter of liquefied natural gas, with dozens of tankers a week carrying fuel to North Asia. It could also soon be importing LNG as supply sources in its southern …
When prices for Canada’s heavy crude collapsed late last year, Alberta did something quite out of character. The traditionally conservative, free-market-loving province took a page out of OPEC’s handbook and ordered its largest oil producers to throttle back …
West Texas has seen its share of oil booms, but the people there say this one is unlike any they’ve seen.
Driven by shale drilling, a gusher of crude production has transformed the Permian …
Norwegian oil and gas company Aker BP is switching emphasis from M&A toward exploration, taking a potentially riskier path to increase its resources after years when it has relied on acquisitions to add the bulk of its new …
The U.S. energy secretary said on Thursday the United States needs to be cautious about legislation allowing the Trump administration to sue OPEC and other oil producers over supply cuts because it could have the unintended consequence of …
Britain’s Premier Oil has teamed up with U.S. private equity fund Apollo Global Management to bid for oil and gas fields owned by Chevron in the British North Sea, according to industry sources.
Premier has previously said it …
