oil and gas

(Bloomberg) — As the oil industry takes stock of Royal Dutch Shell Plc’s $70 billion move for BG Group Plc, one company has more to chew on than most.

A group of 25 major oil companies, oil-producing nations and development institutions have for the first time committed to ending the practice of routine gas

Offshore oil-drilling contractors, who last year were able to charge record rates for their vessels, are now under pressure to scrap old rigs at an

The U.K. hired a senior BG Group Plc executive to head its new oil and gas industry regulator under plans to boost the country’s recovery of fossil-fuel

HOUSTON (Dow Jones)–Oil and gas companies are expected to spend at record levels in exploration and production projects worldwide in 2012, with

Access to reserves is currently the biggest risk for oil and gas companies, said Ernst & Young in its annual report on the top 10 risks for the global

HOUSTON (Dow Jones)–Oil and natural-gas companies are spending more than half a trillion dollars in the oil patch during 2011–a record level that

Houston, TX – Oil and gas industry professionals are divided in opinion on whether the price of a barrel of oil will exceed $150 by the end of 2011,

Introduce Resolution Calling for Adequate Guidance for Shallow and Deep Water Operators WASHINGTON, D.C. – Today, a bipartisan group of U.S. Senators,

Transocean Ltd. has announced that its ultra-deepwater semisubmersible rig Deepwater Horizon recently drilled the deepest oil and gas well ever while working

UK’s International Boundary Research Unit from the University of Durham has released a detailed map showing maritime jurisdiction and boundaries for the