Environmentalists today are imploring federal investigators to probe State Department officials’ connections to the controversial Keystone XL pipeline that would carry oil sands crude from Alberta, Canada, to Gulf Coast refineries. More »
Exxon Mobil Corp. Chief Executive Officer Rex Tillerson may struggle to reach his full-year production target after rallying oil prices reduced the company’s take from wells in Africa and output slumped in the U.S. and Europe. More »
Exxon Mobil and Royal Dutch Shell on Thursday joined other oil majors reporting double-digit increases in third-quarter profits, despite drops in production that are dogging firms due to political unrest, asset sales and declining fields. More »
Chicago-based Exelon Corp. said Thursday the Environmental Protection Agency should finalize its upcoming Cross-State Air Pollution Rule and a separate power plant toxic emissions rule, saying that option would come at a much lower cost for electric utilities than subsidizing or mandating renewable energy. More »
Alaska Gov. Sean Parnell proposed a new way forward on a natural gas pipeline Thursday, saying if demand for gas has shifted from the Lower 48 to Pacific Rim markets, the state must be willing to move with it. More »
The offshore oil field services company plans to expand its fleet of underwater drilling support equipment to capitalize on demand growth in the Gulf of Mexico and West Africa, said CEO M. Kevin McEvoy. More »
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