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Paul Ausick | Mar 17, 2014 at 9:55 AM EDT

Chesapeake Energy Files to Spin Off Oilfield Services Group

Chesapeake Energy filed a Form 10 with the SEC Monday morning with preliminary information regarding a spin-off of the company's…

Paul Ausick | Mar 17, 2014 at 8:50 AM EDT

Crimea Applies to Join Russian Federation

ThinkstockJust one day after more than 90% of Crimea’s voters indicated their desire to join the Russian Federation, the region’s…

Paul Ausick | Mar 14, 2014 at 9:05 AM EDT

More Iraqi Oil Leads to Surge in Global Crude Supply

ThinkstockFor the month of February, global crude oil supplies rose to 92.81 million barrels a day, according to the International…

Paul Ausick | Mar 14, 2014 at 8:30 AM EDT

U.S. EPA Forgives BP, Allows It to Resume Business With Feds

The U.S. EPA on Thursday lifted its suspension and ban against BP that prohibited the company from doing business with…

Paul Ausick | Mar 13, 2014 at 2:08 PM EDT

U.S. to Be Energy Self-Sufficient by 2035: BP

courtesy of BP plcEnergy production in the U.S. will increase by 24% by 2035 while U.S. energy consumption will rise…

Paul Ausick | Mar 13, 2014 at 12:25 PM EDT

Gasoline Average Price Tops $3.50 Nationwide

ThinkstockThe national average for a gallon of regular gasoline rose past $3.50 a gallon on Thursday for the first time…

Paul Ausick | Mar 13, 2014 at 11:25 AM EDT

Natural Gas Supply, Price Both Fall

thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 195 billion cubic feet…

Paul Ausick | Mar 13, 2014 at 7:20 AM EDT

U.S. to Sell 5 Million Barrels of Strategic Reserve: A Message to Russia?

ThinkstockThe U.S. Department of Energy (DOE) issued a notice of sale on Wednesday for 5 million barrels of sour crude…

Douglas A. McIntyre | Mar 13, 2014 at 6:40 AM EDT

Premium Gas Prices Above $4 in Parts of U.S.

ThinkstockPremium gasoline prices have risen above $4 in eight states, raising the concern that consumer spending could be damaged by…

Paul Ausick | Mar 12, 2014 at 11:55 AM EDT

OPEC Forecasts Higher Crude Demand in 2014

ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) released its Monthly Oil Market Report Wednesday morning, and the headline number is…

Trey Thoelcke | Mar 12, 2014 at 11:30 AM EDT

SolarCity Teams Up With Best Buy to Sell Solar

SolarCity and Best Buy have teamed up to help customers go solar. The aim for the solar panel installer is…

Paul Ausick | Mar 12, 2014 at 10:50 AM EDT

Crude Oil Inventory Rise Pushes Prices Lower

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by…

Jon C. Ogg | Mar 11, 2014 at 2:15 PM EDT