(MOSCOW)Russian authorities granted a temporary visa Friday to TNK-BP's chief executive, heading off the immediate prospect of a power vacuum at the troubled oil company.READ MORE
(NEW YORK)BP plans to acquire Chesapeake Energy's stake in about 90,000 acres of natural gas properties in $1.75 billion. The properties are in the Arkoma Basin Woodford Shale play in Oklaho...READ MORE
(BAGHDAD)The Iraqi government will limit no-bid contracts being negotiated with several major oil companies to one year to avoid overlap with longer-term deals expected to be signed next Ju...READ MORE
(WASHINGTON)Natural gas in storage in the U.S. rose last week but is 2.1 percent below the five-year average for this time of year, a government report said Thursday.READ MORE
(HOUSTON)A decision on whether to approve a much-criticized plea deal that settles criminal conduct related to a deadly explosion at a BP PLC plant won't come until October at the earliest,...READ MORE
(WASHINGTON)Crude-oil and gasoline inventories rose last week, according to government data released Wednesday. Both gains defied analysts' expectations. For the week ended July 11, crude-oil ...READ MORE
(JUNEAU, Alaska)Exxon Mobil Corp. has hired contractors with plans to begin work on an oil and gas field the state of Alaska wants to take back. The state's Department of Natural Resources rejecte...READ MORE