Oil & Gas

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Fluor Corp. financial results for its first quarter ending March 31 were driven by growth in its oil & gas and industrial & infrastructure segment businesses, the company says. Revenue topped $7 billion, and was up 14% from the previous year.

New figures released by the Obama administration suggest that the United States has twice the previously announced amount of oil and three times the amount of natural gas under the states of Montana, North Dakota and South Dakota.

Shale oil is set to increase its importance globally and will continue to expand in terms of production and share on the international energy market, to account for 9% of total global production.

Researchers from the University of Exeter have found a way to turn sugar into a fuel very similar to conventional diesel by using a genetically modified E. coli bacteria.

Norwegian energy giant Statoil announced Friday that it had found "significant" new oil resources in the North Sea.

Federal investigators at the Chemical Safety Board have presented their preliminary findings regarding last year's fire at the Chevron refinery in Richmond, Calif.

The question of efficiency and safety of pipes produced decades ago and in use almost as many years has recently caused much debate, following a number of pipeline ruptures that have caused problems across the U.S.

According to the lawsuit's 474 plaintiffs, BP's refinery released sulfur dioxide, methyl carpaptan, dimethyl disulfide and other toxic chemicals for 15 consecutive days in November 2011.

The Obama administration has been issuing oil leases to companies across California without taking into account the possible risks that stem from fracking, thus breaking the law, a federal judge has ruled.

Industries in North Dakota are excited at the prospect of having the first U.S. refinery built since 1976.