Venezuela's state-run oil company announced Wednesday that an arbitration dispute with Exxon Mobil Corp. has been settled because the U.S. oil giant has received a payment topping $250 million.

A federal judge on Wednesday refused Exxon Mobil Corp.'s request that he declare government efforts to seek additional cleanup funds related to the Exxon Valdez oil spill a violation of a consent decre...

Energy companies Northeast Utilities and NStar have agreed to buy more than a quarter of the power produced by the long-planned Cape Wind offshore wind farm as a condition of a proposed merger, state o...

GAS GUZZLES: The price of oil climbed to its highest level in five weeks after Iran said it would cut off some exports of crude to Europe. The average retail price for a gallon of gas is $3.52, accordi...

Pennsylvania lawmakers rallied support on Capitol Hill on Wednesday for three imperiled Philadelphia-area oil refineries.

The owners of One Stop Green, a Texas based international organization and online retailer for green, energy efficient products and services announced a the purchase of Bovay Engineers, Inc. an enginee...

(Reuters) - Cenovus Energy Inc , Canada's No. 2 independent oil producer, said on Wednesday its quarterly profit tripled on production gains as it again extended its hunt for a joint-venture partner fo...

(Reuters) - Cenovus Energy Inc , Canada's No. 2 independent oil producer, said its quarterly profit more than tripled, helped by an expansion of development area at its Christina Lake operations in nor...

David Brown, a leader in the global gear industry, will present a paper in the event’s ‘solutions for asset-life cost containment’ session, as well as participate in the interactive panel discussion fo...