Financial speculation drives oil, gas price volatility

EOG Resources Inc.'s (>> EOG Resources Inc) first-quarter profit rose 53% as revenue at the natural-gas-and-oil producer strengthened, led by its largest crude oil and condensate segment. Shares rose 3.3% to $130.25 after hours as results sharply ...

If were to believe the current media reports out of Washington and the US oil and gas industry, the United States is about to become the new Saudi Arabia. We are told she is suddenly and miraculously on the track to energy self-sufficiency. No ...

Sen. Ron Wyden (D-Ore.) wants the Justice Department to investigate whether alleged price fixing in the European Union by oil giants Royal Dutch Shell, BP and Statoil spilled over into the United States. The Senate Energy and Natural Resources ...

So Jeffrey Skilling has cut a deal to shave 10 years off his sentence. With any luck hell be out in 2017. No doubt that's unfair leniency for the Enron mastermind. But there's never been a question that the American system of criminal justice is out ...

Duke Energy Corp., CMS Energy Corp., American Electric Power Co. and other energy companies must face antitrust lawsuits by natural gas buyers alleging they manipulated prices during California's energy crisis more than a decade ago, a federal ...

High-priced gas purchases from Qatar cost India an additional Rs30,000 crore last fiscal and if the terms remain unchanged, the figure could mount to Rs1 lakh crore a year by 2017, DNA estimates show. Plus, there are other losses. High-priced gas ...

OTTAWA A play that details a Saskatchewan farmer's legal battle with biotech giant Monsanto is headed for Ottawa's National Arts Centre. Annabel Soutar's Seeds, which ran in Toronto a year ago and stars former Corner Gas cast member Eric ...

In the business of liquefied natural gas (LNG), there are few people on this planet who are moving bigger pieces of the puzzle around than LNG-entrepreneur Kathleen Eisbrenner. I had the opportunity to speak with her yesterday where she described ...

BRUSSELS - As you can see, I have no electricity at home at this moment, says Yousef via Skype. I have a fuel generator that I can use during the power cuts. If I run out of fuel, like now, I have a transformer connected to a car battery with which ...