Oil & Gas

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The Associated Press reported that StatoilHydro ASA announced an oil and natural gas discovery at an exploration well drilled in the North Sea near the existing Oseberg South field. The

The Associated Press reports that California-based energy company Enmex Corporation filed a counter suit against independent oil refiner Tesoro Corporation for $2 billion in damages. The suit alleges breach of

According to the Associated Press Texas oilman T. Boone Pickens appeared with Montana''s governor to pitch his plan for decreasing the nation''s dependence on foreign oil, a strategy that could

Iraq signed a joint venture oil deal with a British-based company in one of the largest deals since the 2003 U.S.-led invasion, according to the Associated Press. The deal comes

“Green chemicals” startup Genomatica has bioengineered a petroleum-free version of a widely used industrial solvent that can be produced in shuttered ethanol plants. The chemical, methyl ethyl ketone, or MEK,

In Europe, where gas production has declined and where an international utility dispute recently left people in more than a dozen European countries shivering in unheated homes, European energy giants

A private security official said that gunmen attacked two oil facilities operated by Royal Dutch Shell in Nigeria''s restive south, reported by the Associated Press. The official said that a

Crude oil prices have fallen to new lows for this year. So you''d think gas prices would sink right along with them. Not so. The Associated Press reports that, for

The Associated Press reports that, Interior Secretary Ken Salazar has rejected a Bush administration plan to open vast waters off the Pacific and Atlantic coasts to oil and gas drilling.

Chevron Corp. is seeking to recoup $485,000 in litigation costs from a group of Nigerian villagers who unsuccessfully sued the big energy company over the shootings of protesters who occupied