Callon Petroleum will acquire Carrizo Oil & Gas at a price tag of more than $1.2 billion in a combination of two Houston oil producers.
A Houston oil executive was sentenced to state prison for defrauding investors who thought they were paying for the drilling and testing of wells -- but instead paid the executive's mortgage.
Chevron Corp. is seeking approval to modify its plans for a liquefied natural gas export facility on Canada’s Pacific Coast to an all-electric design that it says will result in the lowest greenhouse-gas emissions per ton of LNG of any large project in the world.
Shareholders of Anadarko Petroleum will get to vote Aug. 8 on whether to approve the pending $38 billion acquisition of The Woodlands oil and gas producer by Occidental Petroleum, the company announced late Thursday.
The top Big Oil operators in the Gulf of Mexico said Tuesday they are evacuating workers from most of their deepwater platforms in response to this hurricane season's first looming disturbance in the area.
Two new petrochemical projects are underway along the Gulf Coast as the sector’s second wave of expansion rolls on, despite analyst projections of abundant supplies, lower prices and a potential industry downturn in the coming years.
The petrochemical giant owned by Britain's richest man Jim Ratcliffe is expanding its Chocolate Bayou chemical plant in Texas to tap into a fast-growing ethylene oxide market.
US oil production surpassed 12 million barrels a day in April, further extending the nation's record output during the fracking boom, the US Energy Information Administration reported Monday.
Two workers were killed and another seriously injured during a training exercise gone wrong at Royal Dutch Shell's Auger platform in the deepwater Gulf of Mexico.
The share of U.S. energy coming from renewable sources like wind farms and hydroelectric dams fell off in 2018, the U.S. Energy Information Administration (EIA) reported on Monday.
LNG production in Trinidad and Tobago was disrupted after a power outage shut down the Atlantic LNG export terminal.
Premier Oil said today that the resource estimate for the Zama field offshore Mexico had been raised "significantly" following the drilling of appraisal wells.
Famed activist investor Carl Icahn on Wednesday launched a bid to shake up Occidental Petroleum's board over the $38 billion acquisition of Anadarko Petroleum, which has battered Oxy's stock price and the value of Icahn's holdings in the Houston oil company.
For the clearest sign yet that renewable energy has gone mainstream, consider this: Clean-energy resources supplied more of America’s electricity than coal for the first time ever in April.
Famed corporate activist Carl Icahn couldn't help but take another shot at the alleged "fiasco" caused by Houston's Occidental Petroleum while discussing his deal to help combine two major casino businesses.
A state district court judge has tossed out a lawsuit that sought to stop a Kinder Morgan pipeline from being routed through the Texas Hill Country.
Spanish oil firm Repsol has announced it has achieved first oil from its deep-water Buckskin project in the Gulf Of Mexico.
Guyana is due to hold a general election later this year that could have a significant bearing on the country’s emergence as a new oil frontier.
Subsea services group Acteon has completed the acquisition of US geosciences survey company TerraSond.
An independent federal review of a 2018 fatal oil rig explosion in Oklahoma determined there is sweeping blame to be shared by the entire energy sector and government for a woeful lack of oversight and regulations for onshore oil and gas drilling.
Ineos, the London petrochemical company owned by Britain's richest man Jim Ratcliffe, is considering an $803 million expansion of its La Porte petrochemical plant, state documents show.
ExxonMobil is moving forward with a major effort to develop at least 90 wells in Argentina's onshore shale.
Dutch oilfield services group SBM Offshore has signed a letter of intent (LoI) with Petrobras to provide an FPSO for the Mero field, 110 miles off Rio de Janeiro.
The commissioning of Exmar’s Tango floating LNG (FLNG) vessel on June 6 marked the first stage in Argentina’s emergence as a global gas exporter.
Houston’s position as the energy capital of the world is based on fossil fuels, but the nation’s fourth-largest city must embrace new technologies and cleaner energy if it wants to lead the way for decades to come, energy executives said Thursday at the first Houston Low-Carbon Energy Summit.