The San Ramon, California-based company said Friday that its average realized price for a U.S. barrel of crude was $43 in the first quarter of 2015, compared to $91 per barrel in the same three months last year.
Rise in value of property and financial assets behind families’ increasing net worth, raising hopes on spending, while consumer credit also increased
News of stake comes as group faces shareholder opposition to planned $24.4bn buyout by founder Michael Dell and Silver Lake, the private equity firm
TGS will start the 2013 European acquisition season with two 3D multi-client surveys in the Norwegian Barents Sea.
Sales of 4x4s are up 59%, driven by an increasingly wealthy and brand-conscious middle class, even as the overall car market in India is dropping
ExxonMobil has sold a 30% interest in 20 deepwater Gulf of Mexico exploration blocks to Neftegaz America Shelf LP.
San Antonio-based NuStar Energy LP says it’s checking out all its legal options in a dispute with TexStar Midstream Services LP, which has backed out of the second of two deals to sell assets to NuStar.
Hotel rooms and worker lodges are full across South and West Texas, as the oil and gas industry rushes to drill thousands of new wells.
American clean-energy companies racked up a $1.6 billion trade surplus with China in 2011, according to a report issued Wednesday.
The expanded Motiva Port Arthur Refinery has reached its full operating capacity of 600,000 barrels of crude processing nearly eight months after a new unit suffered internal damage, causing a major disruption in the $10 billion expansion project.
TransCanada Corp. (TRP) faces court arguments from Texas landowners that its plans for the Keystone XL pipeline to transport Canadian tar-sands oil to coastal refineries don’t give it the right to condemn their property.
After spending years searching for enough crude to pump, the U.S. oil and natural gas industry now is struggling to find and pay for enough skilled workers to tap the abundant supply in shale rock, putting $100 billion in planned petrochemical projects at risk.
Campaign team behind Raila Odinga claims results of Kenya’s presidential election are being doctored and calls for count to be halted
As she stood before governors from western U.S. states last June, Sally Jewell made a pitch that was self-evident and revolutionary: Public lands are an economic boon.
Country aims to be included in major international stock indices but the timing of reforms and corporate governance, are likely to be sticking points
A project to archive records related to the Exxon Valdez oil spill is continuing after the state sought to address concerns raised by a federal judge.