For the first time since 1949, the United States is poised to become a net exporter of petroleum products, according to the Petroleum Supply Monthly report for November put out by the U.S. Energy Information Administration. Through the first nine months of 2011, the U.S. exported 753.4 million barrels of...

Environmental concerns about hydraulic fracturing are impacting shale oil and gas exploration all over the world—Canada, the United States, New Zealand—but none as much as France. One year ago, the Paris Basin in northern France was one of the top international shale oil plays in the world.  And just like...

A shale gas and shale oil boom is anticipated in Argentina, where recent finds have set expectations high in the South American country.

Recently approved new rules governing activity in West Virginia’s portion of the Marcellus shale have become too pro-industry, environmental groups charge.

The U.S. Environmental Protection Agency recently announced that hydraulic fracturing - or fracking - may be the cause of groundwater pollution in a Wyoming community.

So much thought and energy is put into getting oil and gas out of the ground, that it can be easy for a lay person to forget about the infrastructure needed to transport these resources to places where they can be sold.

An executive at an oil and gas company recently said that he expects the cost of drilling in North Dakota's Bakken formation to fall in the coming years.

Icarus failed to escape with his father from Crete because he flew too close to the sun. Now, some oil companies are now hoping that getting closer to the sun will bring them success.