Oil prices rise on Fed’s brighter U.S. outlook

Benchmark West Texas Intermediate crude added 57 cents to $104.12 per barrel in New York.  More »

National Oilwell Varco profit climbs 49 percent

The company, which designs and manufactures equipment for oil and gas drilling, reported net income of $606 million.  More »

Chesapeake gas well failure prompts evacuation near Douglas

Several dozen residents near Douglas have evacuated because of a problem at a natural gas well.  More »

Hess Corp. 1st-quarter profit declines 41 percent

Hess Corp. said today that first-quarter net income dropped 41 percent when compared with a year-ago quarter that included a $310 million gain from asset sales.  More »

Rosneft, Eni to jointly explore oil-rich Arctic

Rosneft, Russia’s largest oil producer, and Italy’s Eni have signed a deal to jointly explore for oil and gas in Russia’s Arctic.  More »

Judge to hold hearing on Gulf oil spill settlement

A federal judge in New Orleans is set to preside over a hearing on a proposed class-action settlement that would resolve billions of dollars in claims against BP over the 2010 oil spill in the Gulf of Mexico.  More »

Senator: Report shows Alaska profitable for oil

An Anchorage senator says the $616 million ConocoPhillips earned in Alaska during the first quarter of 2012 shows the state’s a highly profitable place to produce oil.  More »

‘Fracking’ advocates, critics gearing up in Mich.

The fight over hydraulic fracturing is coming to Michigan, along with a significant environmental test for the Great Lakes state’s Republican governor.  More »

Mack attack ad blasts Nelson, Obama pipeline call

U.S. Rep. Connie Mack IV blasted U.S. Sen. Bill Nelson in a radio campaign ad Tuesday for going along with President Obama’s decision opposing the Keystone XL pipeline project that would carry oil through the nation’s midsection.  More »

Solar panels cause clashes with homeowner groups

The government wants you to install solar panels at your house, and will even give you a tax break to do it. But your neighbors? Maybe not.  More »

San Bruno to consider tearing out deadly gas pipe

Officials in San Bruno are considering ordering sections of the pipeline that caused a deadly explosion in 2010 to be ripped out of the neighborhood it set aflame.  More »

U.S. gasoline prices now cheaper than a year ago

Drivers in the Midwest and Great Lakes states are seeing the biggest drop in gasoline prices.  More »