Upstream

Exxon Mobil Corporation (NYSE:XOM) today announced it entered into a non-monetary exchange agreement with LINN Energy, LLC (NASDAQ: LINE) to...

WEST CHESTER, Pennsylvania – Schramm Inc., a manufacturer of land-based hydraulic drilling rigs, has announced a partnership with FEMCO, an...

HOUSTON (Bloomberg) -- Carbo Ceramics Inc., the largest supplier of man-made proppants for the oil and natural gas industry, said...

WASHINGTON, D.C. (Bloomberg) -- U.S. crude production climbed to the highest level in more than 28 years last week as...

STAVANGER, Norway -- Operator Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the...

PITTSBURGH, Pennsylvania -- Atlas Resource Partners (ARP) is to acquire oil assets in the Eagle Ford shale in south Texas...

West Africa-focused oil and gas firm Azonto Petroleum has applied to further extend the exploration period for the Accra Block,...

A US District Court judge has rejected BP's attempts to reclaim excessive compensation payments for the 2010 Deepwater Horizon disaster...

Rosneft has completed drilling at the Universitetskaya-1 well in the Arctic and discovered oil at the East-Prinovozemelskiy-1 licence area in...

  AWE and Origin's Waitsia gas discovery is about 215 miles north of Perth, Western Australia. Pictured, the Pearce Air...