(NEW YORK)Shares of oil and gas-related companies dropped Tuesday afternoon as crude and natural gas prices slid on the New York Mercantile Exchange. Light, sweet crude for August delivery f...READ MORE
(ANCHORAGE, Alaska)For the fifth time in a decade, the federal government will allow oil companies to bid for oil and gas leases in the sprawling National Petroleum Reserve-Alaska, officials announce...READ MORE
(NEW YORK)Shares of oil and gas companies fell Wednesday after the U.S. government reported a jump in crude and gasoline supplies, and prices fell on the New York Mercantile Exchange.READ MORE
(NEW YORK)An energy company CEO leads the list of the most highly paid chief executives in the Midwest. Bob Simpson of XTO Energy was No. 1 in the region that includes Texas, home to many oi...READ MORE
(JUNEAU, Alaska)Alaska could be getting an oil revenue boost. On Thursday, federal regulators ruled that owners of the 800-mile, trans-Alaska pipeline system over charged for shipping oil in 2005 ...READ MORE
(HOUSTON)Anadarko Petroleum Corp. said Monday natural gas production from a deep-water Gulf of Mexico project has been ramped up to a gross rate of about 900 million cubic feet a day--rough...READ MORE
(NEW YORK)Crude oil futures swung wildly on Monday, rising to a record and then tumbling as investors wrestled with whether they should put stock in Saudi Arabia's promise to boost produ...READ MORE