Chevron Corp.’s net income fell 4.5 percent in the first quarter as oil prices fell and refinery output fell.  More »

Clean diesel car and SUV registrations jumped 24 percent over the last three years, despite a weak economy, the DIesel Technology Forum said this week.  More »

National Oilwell Varco’s first-quarter income dropped compared to last year, the company reported Friday, but strong international demand for oilfield equipment continued to boost the company’s rig technology division.  More »

More than 30 percent of North Dakota’s natural gas production is being burned off because development of the pipelines and processing facilities needed to handle it has not kept pace with production.  More »

Texas A&M and BP have teamed up to release 5,000 “drift cards” in the Gulf Of Mexico to help track ocean tides, and in the event of an industrial accident, the direction of the spill.  More »

Occidental Petroleum Corp., the oil and natural gas producer on the brink of a shareholder vote that may eject longtime Chairman Ray Irani, said fourth-quarter profit fell as declining overseas production pared sales.  More »

ConocoPhillips, the largest independent U.S. oil and natural gas producer, struggled with a declining output in its first quarter earnings, a little more than a year after spinning off its refining division.  More »

Every time an iPhone is charged or an episode of “Mad Men” plays on a television, puffs of vaporized carbon join the atmosphere, products of power-plant combustion. And every year the world demands more. That era may be nearing an end, as the world approaches “peak fossil fuels,” a phrased used by Bloomberg New Energy Finance founder Michael Liebreich at the group’s annual conference.  More »

On Friday, Texas lead a group of states in asking the Supreme Court to hear (and overrule) the DC Circuit case of last year upholding EPA’s regulation of greenhouse gases from stationary sources. A group of industry representatives have joined in asking for Supreme Court review. Given the DC case and Texas’s petition for certiorari, [...]  More »

Oil and gas companies will have a chance to buy drilling rights on more than 21 million acres in the western Gulf of Mexico during a lease sale in August.  More »

Exxon Mobil Corp. boosted its cash dividend 11 percent for the second quarter, the company said Wednesday as it declared a 63 cent payout per share to its owners.  More »

Two cities along the Gulf of Mexico are suing oil giant BP over tens of millions of dollars in lost tax revenues from the 2010 Deepwater Horizon oil spill.  More »