Chevron Corp. (CVX), the second-biggest U.S. oil company, said it’s preparing an investment that will help make the country energy independent by developing what could be the world’s second-largest shale oil reservoir. More »
A controversial oil pipeline to the U.S. Gulf Coast “absolutely needs to go ahead,” Canada’s prime minister said Thursday, and he warned that the oil will be transported through America one way or another. More »
The House Transportation Committee approved a measure that would allow construction of the Keystone XL pipeline without action by President Barack Obama, the third panel to push the pipeline bill this year. More »
Canada’s prime minister says a controversial oil pipeline from his country to the U.S. Gulf Coast “absolutely needs to go ahead” and warns that the oil will be transported through one way or the other. More »
Apache shareholders voted down a proposal to raise executive pay during a shareholders meeting on Thursday in Houston, a visible rebuke to top management for the sagging stock price and concerns about investment in Egypt. More »
The Obama administration on Thursday unveiled a new plan to tighten standards for drilling on public lands and force companies to reveal the chemicals they use in the process, after making significant concessions to the oil industry. More »
A group of regulatory and intelligence experts that includes a former director of the Central Intelligence Agency said Thursday they have launched a new effort to focus on computer security solutions facing energy companies and the government. More »
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