US seeks reinstatement of charge in BP spill case

The case involves allegations that David Rainey failed to disclose information from BP indicating that the amount of oil gushing into the Gulf after the explosion could have been far higher than estimates then being made publicly.  More »

Exxon Mobil, Chevron raise their dividends

Quarterly financial reports are expected to show more than $13 billion in combined earnings.  More »

Oil below $100; gasoline prices near peak, AAA says

The price of oil fell back below $101 on Wednesday as investors shrugged off the impact of new sanctions on Russia for its role in the Ukraine crisis.  More »

Authorities assessing spill size at site of oil train fire (photos)

Several CSX tanker cars carrying crude oil derailed in downtown and caught fire along the James River in Lynchburg, Va., leading to the evacuation of nearby buildings, but no injuries, city officials said.  More »

Oily mist sprayed over 27 acres at Prudhoe Bay

State officials say an oily mist was sprayed over 27 acres of snow-covered tundra on the North Slope because of a pipeline failure.  More »

US regulations push wave-energy project to Australia

A company that was planning a wave energy installation off the Oregon coast that could have powered 1,000 homes has said it will instead undertake the project in Australia.  More »

US sanctions raise concerns for foreign investors

U.S. sanctions targeting the president of Russia’s largest oil company could complicate the operations of Western oil companies with important investments in Russia, such as BP and Exxon.  More »

Keystone supporters seek quick Senate vote

Pipeline advocates in the Senate, who include several Democrats on the ballot next fall as well as Republicans, hold a clear majority.  More »

Bakken oil fields mark billionth barrel of oil

Oil drillers targeting the rich Bakken shale formation in western North Dakota and eastern Montana have produced 1 billion barrels of crude, data from the two states show.  More »

North Dakota governor rejects call for session on oil boom

Republican Gov. Jack Dalrymple on Monday rejected a plea by Democrats for a special legislative session to address funding problems tied to western North Dakota’s oil boom.  More »

Small fire burns at Wyoming gas plant after blast

A small fire burned at a western Wyoming natural gas processing plant Monday, five days after an explosion forced the evacuation of a nearby town and shut down the facility.  More »

US oil flat, Brent falls on Libya exports

Brent fell on news that Libya would soon resume exports from a 70,000 barrel-per-day terminal that had been occupied by rebels.  More »
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