A final settlement between BP and thousands of individual plaintiffs is edging closer, as the parties asked a federal judge to approve a proposed class-action deal benefiting people damaged economically by the 2010 spill of oil from BP’s Macondo well.  More »

BP and a team of plaintiffs’ attorneys have presented a federal judge with the details of a proposed class-action settlement designed to resolve billions of dollars in economic damage claims spawned by the 2010 oil spill in the Gulf of Mexico.  More »

Halliburton Co. says its first-quarter profit increased 22.7 percent as the oil industry aggressively searched for new oil fields in North America.  More »

Delta Air Lines has emerged as a clear favorite to buy an idled ConocoPhillips refinery in Pennsylvania in an effort to satisfy its growing need for jet fuel, according to media reports.  More »

A look at where President Barack Obama and Republican presidential candidate Mitt Romney stand on energy and environmental issues:  More »

Oil prices hovered above $104 a barrel Wednesday in Asia after a report showed U.S. crude supplies jumped more than expected for a fourth week, suggesting demand remains weak.  More »

Investigators who probed the 2010 Gulf oil spill on Tuesday blasted Congress for failing to pass a single substantive change in laws governing offshore drilling that could help prevent a repeat of the Deepwater Horizon disaster.  More »

Drivers might already feel like they are getting ripped off at the pump, but many drivers are unaware that they are paying more for less gasoline during the summer months.  More »

Refiner Valero Energy Corp. said Monday that it will report a first-quarter loss as it takes a $605 million charge against earnings, or $1.10 a share, to shutter its unprofitable refinery in Aruba.  More »

A bipartisan push to set aside billions in fines from the BP oil spill for Gulf of Mexico restoration remains stalled in Congress as the disaster’s two-year anniversary nears.  More »

In the matter of Jeff Skilling, the former Enron executive praised for building an innovative energy giant and then vilified for propping it up with bogus accounting, some people think he deserved every day of the 24-year prison sentence he got when convicted of 19 counts of securities fraud and other financial crimes in 2006.  More »

Electric cars are only as green as the power plants that fuel them.  More »