There are several positive and negative factors currently affecting the U.S. natural gas market that suggest the market will remain ...

An "everything must go" atmosphere has enveloped the midstream energy industry as cash-starved energy merchants peddle their pipelines to stay ...

Every year, the United States adds some fairly meaningful oil and gas reserves that are not the result of companies ...

Based on nine upstream performance indicators, BP beat its peers for the second consecutive year in the 12th annual Prudential ...

Perhaps the U.S. and Canadian rig counts are down by a third from last year due to a number of ...

While boating back into Intercoastal City, Louisiana, from a morning shrimping and crabbing trip in Vermilion Bay this past Labor ...

In a Labor Day weekend surprise, Conoco and Phillips Petroleum closed their long-awaited, $15-billion merger, which had been approved by ...

Leasing activity is holding steady in the Western Gulf of Mexico region. The Western Gulf Lease Sale 184, held August ...

Calgary firm Talisman Energy has made a major natural gas discovery in the Monkman/Sukunka area of northeastern British Columbia, the ...

1 Michigan's Lake County is the location of a new 4,900-ft. remote wildcat scheduled to be drilled by Savoy Energy ...

1 Work is under way at a remote Real County, Texas, wildcat-the Rio-Tex Inc. #1201 Lewis in Section 12, Block ...

1 Two counties in western Kansas have each claimed a new Pennsylvanian discovery, according to IHS Energy Group. In Ness ...

1 Ivanhoe Energy, Bakersfield, reports drilling has resumed after logging operations indicated the #1-22 Northwest Lost Hills, a wildcat in ...

Equity Company Exchange / Symbol Headquarters Amount Comments Hornbeck Offshore Services Inc. NA New Orleans US$126.5 million Plans to sell US$126.5 shares. Goldman Sachs, CIBC World Markets, Jefferies & ...

Unocal Corp. (NYSE: UCL) is hoping to buy the shares of Pure Resources Inc., Midland, Texas, (NYSE: PRS) it does ...

• Conoco Inc. and Phillips Petroleum Co. have closed their merger. Net proved reserves are 8.7 billion BOE and daily ...

• Provident Energy Trust, Calgary, plans to acquire Meota Resources Corp. for C$271 million in stock and cash, plus the ...

• Michael E. Frazier has been named president and chief operating officer of Houston-based investment-banking firm Simmons & Co. International. ...

• Petrobras plans to pay $89.5 million for control of Devon Energy Corp.'s Argentine unit, Petrolera Santa Fe. Petrolera has ...

This summer, the Dow tested the 7,500 level. And it may again before October is out. Nonetheless, this may be ...