ConocoPhillips said it may use cash, debt and asset sales to fund its dividend and capital spending as it waits for production to rise. The company is targeting “consistent” dividend increases, leaders said at the analyst meeting Thursday. More »
Chevron said Thursday that a test well at the St. Malo field, more than 5 miles below sea level, had a high rate of oil production, an indicator of the promise of an emerging field in the Gulf of Mexico. More »
Nearly three years after BP’s Macondo well blew out and spewed millions of barrels of oil into the Gulf of Mexico, the legal wrangling continues. View the complex web of lawsuits and criminal indictments that have followed the worst offshore oil spill in history. More »
Former Houston Mayor Bill White, defeated by Republican Rick Perry in a 2010 bid for governor of Texas, said the state is falling behind in preparing workers who can meet the demands of a resurgent U.S. energy industry. More »
People exposed to the highest doses of radiation during the Fukushima nuclear plant disaster in 2011 may have a slightly higher risk of cancer that is so small it probably won’t be detectable, according to a new report from the World Health Organization released Thursday. More »
Oil extracted from wells ringing Williston, North Dakota, helped push the state’s surplus to a record $1.6 billion and generate the nation’s lowest jobless rate. Drilling also left the city broke. More »
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