After selling its share in TNK-BP to Rosneft (MM:ROSN), BP (NYSE:BP) is now planning an $8 billion share buyback...
The much-awaited acquisition of TNK-BP (MM:TNBP) by Rosneft (MM:ROSN) is now complete, and it has made Rosneft the world's largest crude producer...
U.S. oil production is on track to pass imports for the first time since 1995, and this is already having an effect on OPEC...
Saudi Arabian officials have announced the nation plans to drill seven test wells for shale gas this year in an effort to supply the increasing domestic demand...
Russia has been using fracking for years, but by incorporating horizontal drilling, companies have realized they can draw more oil from old wells...
Keith Kohl shows investors why the Williston Basin is about to lead the United States in the next leg of its oil boom.
Enhanced oil recovery is gaining traction as a method of extraction even more oil from abandoned wells...
Some of the very oil companies environmentalists are protesting are developing more responsible production technologies. Will this one new technology be the final blow to OPEC?
Long-time environmentalist Governor Jerry Brown has expressed his support for fracking, citing the economic benefits that California needs desperately...
Thanks to the revolution in hydraulic fracturing, the Permian Basin is expected to regain its stature in the global oil market. It is set to become the king. Brian Hicks explains...
The Iraqi Oil Ministry has selected seven foreign oil companies that will be allowed to bid on the Nasiriyah oil field...
In the aftermath of Chavez's death, it is unclear what's to become of Venezuela's suffering oil industry...