Oil & Gas

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ConocoPhillips Co. and Origin Energy Ltd. plan to create a natural gas business converting coal bed methane to liquefied natural gas. According to the Associated Press, under the terms of the

Chemical company Stepan Company said Friday it formed a global joint venture with Nalco Holding Company to market chemicals designed to increase crude oil and gas production from existing fields,

Environmentalists are challenging the Richmond City Council''s decision to approve Chevron Corp.''s plans to upgrade its Bay Area oil refinery, the Associated Press reported on Thursday. In a lawsuit filed

Oil prices plunged to the lowest level in five months Tuesday, falling to within sight of $100 a barrel on signs that Hurricane Gustav only grazed U.S. energy infrastructure in

Recently, the Associated Press reported that Exxon Mobil has completed the initial barging of equipment and supplies to support its plan to drill for natural gas in Point Thomson on

ConocoPhillips will sell the remainder of its gas stations in the United States, the Associated Press reports, though Conoco, Phillips 66, and 76 will continue to operate under those familiar

The Associated Press reports that StatoilHydro ASA has discovered more oil off the southwestern coast of Norway. The discovery, near the Sleipner oil field in the North Sea, is estimated

The Associated Press reported that Chevron Corporation said Wednesday that a Canadian subsidiary and its business partners -- including Exxon Mobil -- have finalized a deal to develop an oil

British oil company BP PLC has stopped using a railway line that exports Azeri oil through Georgia following reports of damage to the line, the Associated Press reports. The closure

Fluor Corp. says it has won several contracts valued at nearly $4 billion to modernize a BP America refinery in Indiana, the Associated Press reports. Although consumers are hurt by