Oil & Gas News

An employee of Samsung Electronics walks past one of its 3D LED televisions displayed for visitors at the company's headquarters in Seoul April 30, 2010.

Texas-based oil giant Exxon Mobil Corp. stockholders will vote Wednesday on a proposed company policy to ban discrimination against gay or transgender workers, a shareholder resolution pushed by New York Comptroller Thomas DiNapoli.

But the first attempt in nearly a decade to find Cuba's hoped-for undersea oil bonanza has come up dry, and the island's leaders and their partners must regroup and hope they have better luck - quickly.

Six months after Suncor Energy's oil refinery contaminated Sand Creek and nearby property, obstacles remain in containing the pollution, and a full cleanup may be years away.

In the latest installment of the long-running serial "Super Rich Guy Calls for Higher Taxes," hedge fund billionaire Tom Steyer made a $20 million donation last week to an initiative to raise California's corporate tax rate.

Plenty of black gold is hidden in the sand and shale of the Dominguez Oil Field, Occidental Petroleum Corp.

The port authority board agreed at this week's meeting to lease an additional 44 acres to Chesapeake Exploration, a subsidiary of natural gas giant Chesapeake Energy, for $1,800 an acre and 15 percent royalties.

Nabucco Gas Pipeline International GmbH has submitted a smaller version of the ambitious gas pipeline project.

The Environmental Protection Agency will resample four water wells in Dimock, Pennsylvania.

A Tulsa County jury has reached a verdict in the case against a Broken Arrow mother accused of manslaughter in the death of her 9-year-old son.

Neo Material Technologies Inc. . Rare earths. Down 34 cents, or 3.24 per cent, at $10.15 on 14,349,196 shares.

Activist investor Carl Icahn is taking a stake in Chesapeake Energy Corp. and calling for at least four of company's directors to be replaced.

Activist investor Carl Icahn has taken a sizable stake in Chesapeake Energy Corp.

The number of rigs actively exploring for oil and natural gas in the U.S. is down three this week to 1,983. Houston-based oilfield services company Baker Hughes Inc.

Two Pennsylvania lawmakers are asking the Public Utility Commission to order a gas utility to speed replacement of aging cast-iron lines blamed for a massive explosion that killed five people last year.

A Rosneft flag flies over the Russian oil giant's refinery near the city of Samara.

Spanish oil firm Repsol confirmed a large oil and gas find off Brazil on Thursday in a discovery that is likely to attract more explorers to one of the world's hottest regions for oil and gas drilling.

San Antonio police have made an arrest in connection with a cold case murder, a shooting that happened at Northwest Side gas station more than a decade ago.

One Koch Industries building project is already complete, and another is in the pipeline, but even after that, the company's Wichita headquarters will be near capacity, says Melissa Cohlmia , a spokeswoman for Koch.

Syria's main opposition council has accepted the resignation of its Paris-based president who had earlier offered to step down amid mounting criticism of his leadership.