United States

Royal Dutch Shell has suffered a major setback to its plans to expand exploration offshore Alaska, following a decision by a US appeals court to revoke its permit to drill in the... 2008-11-21

The US Department of the Interior (DOI) has confirmed that it will offer energy companies seeking to develop oil shale deposits in the western US, which it says could contain up to... 2008-11-18

US major Chevron has announced that its Blind Faith project in the Gulf of Mexico (GoM) begun commercial operations on November 11. The Blind Faith project, which was originally... 2008-11-13

Norwegian state-controlled StatoilHydro has reached an agreement to acquire a 32.5% stake in Chesapeake Energy's Marcellus Shale gas acreage for US$1.25bn. StatoilHydro will also... 2008-11-11

The election of Barack Obama to the US presidency brings with it a potentially seismic shift in the energy policy of the world's largest oil consuming country.

US integrated oil company Marathon Oil has completed the US$416mn sale of its non-operated stake in the Heimdal area of the Norwegian North Sea to British-based utility Centrica.... 2008-11-03

US major ExxonMobil has announced third quarter profits of US$14.83bn, a year-on-year (y-o-y) increase of 58%. Higher crude oil prices offset falling output from facilities in the... 2008-10-31

British major BP has started production from a second well at its Thunder Horse field in the Gulf of Mexico (GoM). BP is now producing over 100,000 barrels day (b/d) of oil from... 2008-10-29

Republican Senator Ted Stevens of Alaska, the longest-serving member of the Republican party in the US Senate, has been convicted of corruption. Stevens was convicted on seven counts... 2008-10-28

US major ConocoPhillips kicked off third-quarter reporting by the major oil companies on October 22, reporting a 41% rise in quarterly earnings, exceeding analyst estimates.