Oil

Pages

'Fight Night' in an oil-boom town

Nov 19, 2012
North Dakota's oil boom has drawn thousands of workers to the state, overwhelming small towns. Rents are sky high. Workers live in barracks called mancamps. And there's not much to do besides work. One promoter brought martial arts fighting to town -- the Williston Basin Blowout.
Posted In: Oil, North Dakota, Black Gold Boom

Could BP be on the takeover block?

Nov 19, 2012
The company has started buying its stock to boost its share price and rumors are buzzing the stock purchase is a defensive move to stave off a buyout from a competing firm.
Posted In: BP, Oil

U.S. to pass Saudi Arabia as top oil producer

Nov 12, 2012
A boom fueled by hydraulic fracturing of shale should add millions of jobs in the U.S. The question: How long will it last?
Posted In: Oil, fracking, petrochemical

U.S. to become world's top oil producer

Nov 12, 2012
The International Energy Agency is forecasting that the U.S. will become the biggest oil producer in the world within the next decade.
Posted In: Oil, Saudi Arabia, alternative energy

America's energy boom revives Ohio's steel industry

Oct 23, 2012
Every fracking well requires miles of pipe. The result is new investment in Ohio steel mills -- which also benefit from cheap natural gas for fuel.
Posted In: Oil, steel, energy

The real energy gusher produced by Ohio fracking: Oil

Oct 22, 2012
The presidential campaign talks a lot about coal in Ohio, but the fossil fuel of the moment is oil. Fracking has made possible a second oil boom, more than a century after the state's first one.
Posted In: Oil, fracking, Ohio

Russia oil firm Rosneft nears deal with BP

Oct 19, 2012
The state-controlled Russian oil firm Rosneft is reported ready to enter a multi-billion dollar joint venture with the British oil giant BP to create the world’s biggest listed oil company.
Posted In: Russia, Oil, BP

Report: Iraq could double its oil production

Oct 9, 2012
Higher production could make Iraq the world's second-largest oil exporter. Most of the added oil won't go to the U.S., but to countries helping Iraq rebuild its oil facilities and basic infrastructure.
Posted In: Iraq, Oil

Is the U.S. at risk of another OPEC oil embargo?

Oct 2, 2012
The OPEC oil embargo nearly 40 years was a shock to the U.S. and its economy. But the long-term effects proved a shock to Saudi Arabia and other OPEC members, who learned that oil and politics don't mix.
Posted In: Saudi Arabia, OPEC, Oil, energy

Libyan oil production almost back to normal

Oct 1, 2012
Civi war combatants mindful of the importance of oil on the economy, left infrastructure largely undamaged.
Posted In: Oil, energy, Civil War

Pages