The narrowing price gap between light crude and heavy crude has hurt oil refiner Reliance.
The new leaders may remove a ban set in place under the previous government.
Saying there's plenty of oil is like saying the integrity of LIBOR is fine.
Crude oil prices were hurt Friday by poor economic data in the U.S. and Europe.
Chevron Corp. and a number of other Big Oil companies purchase stakes in Kurdistan oil.
Editor Keith Kohl explains why the world's largest oil producer is desperately trying to avoid an energy crisis.
BP's new biofuel blend will power a fleet of BMW vehicles at the 2012 Olympics.
U.S. oil and gas companies see potential in Chinese shale.
American energy is increasing thanks to oil production, the coming boom in natural gas-powered vehicles (which will be fueled solely by domestic natural gas), and alternative transportation fuels.
A U.S. insurance company is denying coverage for any risks related to fracking.
Thirteen states are working with Detroit automakers to expand the market for natural gas-powered vehicles.
Cost stands in the way of a huge offshore oil project in Alaska.
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