
Where did the missing oil go? Study says some sitting on the Gulf floor
After 200 million gallons of crude oil spilled into the Gulf of Mexico in April 2010, the government and BP cleanup crews mysteriously had trouble locating all of it.
Now, a new study led by F ... more
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Pennsylvania reinstates drilling moratorium
A decision to ban oil and gas drilling on state land in Pennsylvania was met with praise and criticism, with an industry leader describing it as a "lose-lose." ... more
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Interstellar raises major Series F funding to expand launch and satellite business
China tests Long March 12B reusable first stage at Jiuquan
Galactic Energy conducts sixth offshore Ceres 1 mission from Yellow Sea platform
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WTI falls near 10-year low
A grim forecast on oil futures from Goldman Sachs pushed the price for West Texas Intermediate close to a 10-year low early in the Wednesday session. ... more
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U.S. labor numbers lift oil prices
Growth in the U.S. labor sector gave oil prices a lift in Thursday trading despite a string of dismal fourth quarter reports from leading energy companies. ... more
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Stanford scientists use ocean waves to monitor offshore oil and gas fields
A technology developed by Stanford scientists for passively probing the seafloor using weak seismic waves generated by the ocean could revolutionize offshore oil and natural gas extraction by provid ... more
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Oil markets mixed on U.S. GDP numbers
Strong U.S. consumer spending, but lower economic growth estimates, left oil markets drifting in relatively flat territory early in the Friday trading session. ... more
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Chevron latest low oil price casualty
Chevron Corp. said Friday it became the latest casualty of a weak oil market, announcing fourth quarter profits were down 30 percent year-on-year. ... more
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