Pennsylvania Oil & Gas Industry Continues Record-Setting Growth
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HARRISBURG, Pa., Sept. 14  /PRNewswire/ -- With oil and gas drilling activity in Pennsylvania on a record-setting pace for the third consecutive year, the Department of Environmental Protection is mobilizing staff and resources to provide prompt and effective reviews of incoming permits.
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The oil and gas firm keeps ratcheting up reserves.
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Exxon Mobil Corp, the world's largest non-government-controlled oil company, on Friday posted the highest-ever quarterly and yearly profits by a U.S. company, propelled by record oil prices.
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Canadian oil production will  grow 9 percent this year, the country's national energy  regulator said on Thursday, due to growing output from the  Alberta oil sands and offshore oil projects.
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The broker breaks records with its third-quarter results.
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Crude oil futures rose to a record $55.45 a barrel in New York after a report that the Chinese economy grew more than expected. Oil&#39;s rally lifted heating oil to a record and natural gas to a 20-month high.
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The number of older Americans in the   work force hit a record high last month, and employment in that   age group has grown faster than any other, according to   research released on Wednesday.
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The economy expanded faster than expected in the last quarter of 2006 and remains strong.
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It was the biggest increase in 34 years, fueled by a record rise in gasoline prices, the Labor Department said.
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U.S. production of distillates, which  include heating oil and diesel, hit a record average of 4.3  million barrels per day last week, the federal Energy  Information Administration said on Wednesday.
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NEW YORK, August 18 (New Ratings)  Crude oil prices reached new record high levels today, following the US Energy Department report regarding the expanded operations by the US refineries and increased gasoline demand for this year.
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The racetrack and casino operator reports another record result.
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HOUSTON  Â Record oil prices helped ConocoPhillips post a 37 percent increase in fourth-quarter profit even though it produced less crude oil and natural gas than a year earlier.
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Federal land managers on Friday authorized up to 1,570 new natural gas wells over the next 20 years on a mountain plateau prized for its energy reserves &#151; and its wildlife.
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Producer prices surged 3.2 percent in November, the biggest rise in 34 years, on a record rise in gasoline prices, the Labor Department said on Thursday.
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ConocoPhillips  posted higher  fourth-quarter earnings on Wednesday as record oil prices  outweighed lower profits from gasoline production.
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CALGARY, Alberta  - Canadian oil production will grow 9 percent this year, the country's national energy regulator said on Thursday, due to growing output from the Alberta oil sands and offshore oil projects.