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Oil and Gas news

Chesapeake shale wells suspect in water contamination

Methane gas detected in the Susquehanna River and at six private water wells probably came from Marcellus Shale wells drilled by Chesapeake Energy, Pennsylvania’s Department of Environmental Protection said.

Shell says Norway's undiscovered resources 'considerable'

Anglo-Dutch Shell said undiscovered petroleum resources in Norwegian waters remain “considerable” after Europe’s largest oil company had a disappointing well offshore the Nordic country.

Oil pares losses

US crude oil pared losses and Brent crude turned positive after a deadly explosion ripped through a Mexican oil refinery, raising concerns that Mexico, a top US crude supplier, would have to import more fuel.

BP set to publish oil spill report

BP will publish an eagerly awaited report on the causes of the Gulf of Mexico oil spill tomorrow, the company said.

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