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Hess Gas Plant in Tioga

North Dakota oil wells drain energy and money

Jul 4, 2014
Fracking oil wells burn off as much a third of the natural gas they release.
Posted In: big oil, fracking, North Dakota

Rising demand for oil: 'Growth is easy when you've been in the pits'

Jan 21, 2014
American thirst for oil rises faster than expected, as the nation recovers from recession and chemical makers seize on less expensive domestic supplies.
Posted In: big oil, China

Swiss company to pay $253 million to settle corruption charges

Nov 27, 2013
The U.S. government has announced a $253 million fine against Weatherford, a Swiss oil and gas services company that trades on the New York Stock Exchange.
Posted In: Switzerland, big oil

Mexico's Pemex proposal could transform North America into 'energy powerhouse'

Aug 22, 2013
Mexico is sitting on 87 billion barrels of untapped oil, yet production has dropped 25 percent in the last decade.
Posted In: Mexico, energy, big oil

Why Big Oil is smaller these days

Aug 2, 2013
Four of the world's biggest oil companies -- Shell, ExxonMobil, Chevron and BP -- reported smaller quarterly earnings compared to a year ago.
Posted In: Oil, big oil

Gas prices may seem ok now, but don't say we didn't warn you

Jul 9, 2013
The wholesale price of oil fell this morning, but it's still hovering above $100 a barrel.
Posted In: gas, big oil, Oil

Oil tax cuts spur fight in Alaska

Jun 4, 2013
Alaskans are worried that a cut to oil taxes could ruin the state budget. BP credits the tax break for spurring new investments in the North Slope oil field.
Posted In: big oil, Oil, Alaska, BP

How America helped weaken OPEC

May 30, 2013
The boom in U.S. oil production has disrupted global oil’s pecking order and caused fractures inside the once all-powerful OPEC.
Posted In: big oil, OPEC, crude oil, Oil, Nigeria

European probe into oil price-fixing widens to Finland

May 17, 2013
Finland's only oil refiner has now been ensnared into the investigation.
Posted In: big oil, Europe, European Union

3 oil companies raided by European officials

May 15, 2013
The European Commission is investigating a potential price manipulation scheme among oil companies.
Posted In: big oil, BP, price fixing, Europe

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