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The Associated Press is reporting that the Supreme Court is considering whether to prevent victims of the Exxon Valdez disaster from collecting a $2.5 billion judgment, nearly 19 years after

According to Reuters, Venezuela offered to resolve its nationalization dispute with U.S. energy giant Exxon Mobil by withdrawing from its stake in the Chalmette refinery, a top energy official told

According to the Associated Press, President Hugo Chavez sent a soothing message to American motorists on Sunday, saying that Venezuela is not preparing to cut off oil shipments to the

The Associated Press reported recently that President Hugo Chavez threatened to cut off oil sales to the United States in an "economic war" if Exxon Mobil Corp. wins court judgments

According to the Associated Press, the federal Energy Department has agreed to monitor oil refinery outages, a move Sen. Byron Dorgan believes could help prevent simultaneous plant shutdowns leading to

The Associated Press reported recently that Chevron Corp. said "major" project delays have lowered its outlook for 2008 production by about 150,000 barrels of oil per day.The second-largest U.S. oil

According to the Associated Press, former BP PLC chairman Lord John Browne cannot be questioned without limits about the oil giant''s deadly 2005 Texas City refinery accident, the Texas Supreme

The Associated Press reported recently that Total SA said it will appeal the guilty verdict against it in the 1999 sinking of the oil tanker Erika, which caused France''s worst-ever

According to the Associated Press, a federal agency said recently that it plans to investigate the death of an employee at BP PLC''s Texas City, Texas, refinery, based on new

Offshore drilling contractor Noble Corp. has agreed to sell its North Sea platform drilling business to Seawell Holding UK Ltd. for $35 million, the Associated Press reports. The sale includes