Unseasonably cold temperatures this week led to big increases in heating demand for natural gas from the residential and commercial sectors. Weather forecasters expect the cold to continue into next week, which will likely result in more natural gas consumption.

Oil & Gas UK has issued a sharp rebuttal to reports that UK producers enjoy generous governmental subsidies.

Two of the biggest oilfield services companies, Halliburton and Baker Hughes, are discussing a merger that would help both companies fend off falling oil prices

Leaders from the G20 group of nations agreed on Sunday to boost flagging global growth, tackle climate change and crack down on tax avoidance but ties between the West and Russia plummeted to a new low over the crisis in Ukraine.

Saudi Arabia’s oil minister broke months of silence on Wednesday to speak publicly about the Gulf nation’s stance on the oil market and dismiss claims that it had triggered a “price war”.

Russia gas flows still frozen; Ukraine banks on mild weather to hold out

OPEC Says Output Fell Sharply Amid Saudi Arabia Reduction

Oil tumbles to four-year low below $79, awaits OPEC

Russia's Gazprom put 2015 investments at $18 bln

With less than three weeks to go before OPEC meets in Vienna and the selloff in oil showing few signs of letting up, speculation is mounting the group will take action to try to stem the decline.

West Texas Intermediate and Brent oils increased after U.S. employment gains exceeded 200,000 for a ninth month and the jobless rate dropped to a six-year low, bolstering the fuel demand outlook.

Pakistan plans to sign deals worth billions of dollars with China for development of infrastructure and energy projects during Prime Minister Nawaz Sharif ’s visit to Beijing this weekend, Pakistani officials said.

The first phase of the Sabine Pass project will cost more than $12 billion and seemed unlikely after Cheniere bet the wrong way on the U.S. natural gas market

A liquefied natural gas export plant proposed for Canada’s Pacific coast and backed by Royal Dutch Shell PLC could cost up to 40 billion Canadian dollars ($35.3 billion), according to a regulatory filing with the British Columbia government.

Egypt received $10.6 billion in aid from Gulf states in the last fiscal year