(PARIS)French energy giant GDF Suez said Friday it is in exclusive talks with Dutch oil company NAM to acquire oil and gas assets in the North Sea for euro1.075 billion ($1.56 billion).READ MORE

(NEW YORK)Oil prices inched lower Wednesday as a stronger dollar and slowing demand for crude overshadowed an almost total shutdown of energy output in the Gulf of Mexico after the passage o...READ MORE

(NEW YORK)Oil prices plunged to the lowest level in five months Tuesday, falling to within sight of $100 a barrel on signs that Hurricane Gustav only grazed U.S. energy infrastructure in the...READ MORE

Oil prices tumbled to $111 a barrel Monday as Hurricane Gustav weakened along the Gulf Coast and posed less of a threat to oil drilling and refining operations.READ MORE

(HOUSTON)Hurricane Gustav's punch appeared to fall softly Monday on the vast energy complex along the U.S. Gulf Coast, alleviating fears of a fuel shortage and potentially delivering a brea...READ MORE

Oil prices tumbled to below $111 a barrel Monday as weather forecasters said Hurricane Gustav was weakening as it advanced toward Louisiana. A stronger dollar also helped reverse t...READ MORE

(HOUSTON)Hurricane Gustav's threat to the Gulf Coast halted about 15 percent of U.S. refining capacity Sunday, though for now prices at the pump have not risen dramatically.READ MORE