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Global oil and gas exploration should return to profitability in 2017 after 5 years of only single-digit returns, research and consulting firm Wood Mackenzie Ltd. says in a report.

The US Environmental Protection Agency released its final report on impacts from hydraulic fracturing of oil and gas wells on drinking water supplies on Dec. 13.

Members of the Organization of Petroleum Exporting Countries and several non-OPEC producers have reached their first joint deal in 15 years to curtail oil output in hopes to hasten market rebalancing.

Washington was buzzing the weekend of Dec. 10-11 with reports that President-elect Donald J. Trump was considering ExxonMobil Corp. Chief Executive Officer Rex W. Tillerson as his Secretary of State. 

Advocacy groups hostile to oil and gas fired heavy rhetorical guns at President-elect Donald Trump's pick for Environmental Protection Agency administrator.


Attention college students and faculty! Exhibit your projects and research while networking with leaders on shale d… https://t.co/n9YBw4p7Bs

RT @CEAorg: Our latest report outlines how #naturalgas helped grow jobs for West Virginians and save them more than $4 billion over the las…