Conventional wisdom these days claims that the midsize exploration and production outfit is probably no longer viable-it's just a matter ...

In a stark reversal of position, the Financial Accounting Standards Board has tentatively decided that goodwill acquired during a merger ...

The unprecedented run-up in natural gas prices in the last 12 months has producers scrambling to spud more gas prospects, ...

Less than two hours northwest of Hong Kong on China's mainland lies Guangdong Province, the bustling provincial capital, Guangzhou (formerly ...

Since first oil was produced in Pennsylvania in 1859, farmers and other landowners have leased to companies the right to ...

Environmental insurance coverage is becoming increasingly important for companies acquiring assets in the oil and gas industry. Buyers want to ...

Is e-business really a necessity? Or perhaps it's just another fad being thrust upon us by the Silicon Valley hype ...

The 21st-century merger world is one where Russell Crowe would feel right at home in his gladiator gear. The only ...

The Meridian Resource Corp. (NYSE: TMR) has fulfilled a huge company goal by repurchasing all of its outstanding preferred ...

Derricks are poking up once again amid the scrub oaks and cottonwoods of Central Texas. Activities in storied Giddings Field ...

A consortium of producers, research organizations and government agencies have initiated a fast-track campaign to raise funds for ultradeepwater drilling ...

It's the oil industry's own "believe it or not." The few initial public offerings that were passing the pricing test ...

A former oil producer sits in the Oval Office. Vice president and industry friend Dick Cheney is heading up a ...

Something is brewing south of the border, and it's gas-fired. Mexico's net import of U.S. natural gas is expected to ...

Does the vertically integrated oil-company model still work? 's oil analysts, Adam Sieminski, Jay Saunders and Mark Hastings, posed this ...

1 Two additional Mississippian exploratory tests have been scheduled by Big Man Oil Co. Inc., Owensboro, Ky., on its ...

India hopes to attract strong worldwide interest in the second round of its leasing program under a new exploration and ...

1 Spinnaker Exploration Co. LLC , Houston, tested a flow of 8 million cu. ft. of gas, 107 bbl. of ...

1 Vess Oil Corp. , Wichita, pumped 72 bbl. of oil per day at completion of the #40 Varner "A," ...

1 The considerable amount of exploration being carried out in California's Kern County continues to attract nationwide interest, with several ...

Equity Company Exchange / Symbol Headquarters Amount Comments The Williams Cos. Inc. (NYSE: WMB) Tulsa US$1.37 billion Has priced its secondary ...

Days after it announced plans to invest C$380 million (US$260 million) in its existing western Canadian operations, Anadarko Petroleum Corp. ...

Halliburton Co. (NYSE: HAL) is selling its Dresser Equipment Group (DEG) for $1.55 billion in cash to an investor group ...

Less than a year after a bold upstream move, in purchasing Arco's Alaskan holdings, Phillips Petroleum Co. (NYSE: P) is ...

• Pure Resources Inc., Midland, Texas, has acquired properties and fee mineral and royalty interests, as well as certain general ...

• Anderson Exploration Ltd., Calgary, plans to purchase Numac Energy Inc. for C$8 per share or C$960 million, including assumed ...

• IHS Energy Group, Englewood, Colo., has acquired the Petroleum Data Services business of QC Data International Inc., Calgary. PDS ...

• Tyumen Oil Co., Moscow, plans to merge its four crude oil production subsidiaries: Samotlorneftegas, Nizhnevartovsk Oil Production, Tyumennefte Gas ...

A tremendous shallow oil play has developed in Waller County, Texas, about 35 miles west of Houston. Small independents have ...