Oil & Gas

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According to the Associated Press, oil company Exxon Mobil Corp. said recently that a subsidiary has received two additional licenses from the Irish government for exploration in the Porcupine Basin

According to the Associated Press, the Organization of Petroleum Exporting Countries is set to hold current production levels unchanged at a meeting this week as it continues to gauge the

According to Reuters, Venezuela wants next week''s OPEC meeting to discuss its escalating legal battle with Exxon Mobil, a Venezuelan official was reported by Algeria''s official APS news agency as

The Associated Press is reporting that the state of Alaska intends to sue BP PLC for losses incurred by oil spills, pipeline leaks and shutdowns on the North Slope two

The Associated Press reported that French President Nicolas Sarkozy has asked the head of the International Monetary Fund to consider a tax on oil companies'' profits to help countries without

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

A. Schulman Inc., which makes plastics and resins, said recently it will close a Canadian plant and seek a buyer for a Texas facility, the Associated Press reported.Both actions are

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

The Associated Press reported recently that Nicaragua has bought a disputed fuel tank facility from an Exxon Mobil subsidiary to store subsidized Venezuelan oil, according to President Daniel Ortega who

The Associated Press reported recently that Exxon Mobil Corp. announced it has begun oil production from a multibillion-dollar project off the west African coast. The company plans to drill more