Pierre Bertrand

After a year of delays, U.S. prosecutors offered their opening arguments Tuesday in Anchorage at a hearing demanding that BP's probation be revoked.

At more than 25 miles long, the newest offshore discovery is roughly the length of the Houston city metroplex, and at 662 feet deep, it contains an estimated 30 trillion cubic feet of natural gas.

Chevron officials will have to prepare a briefing to the Bureau of Safety and Environmental Enforcement in the coming days following an oil leak earlier this month off the coast of Brazil.

At stake is the possible dissolution of the Kyoto Accord, whose commitment period expires in 2012. Japan and Russia announced last year in Cancun they are against any extension or renewal of the accord if big green house gas emitters like the United States and China are excluded.

A Brazilian newspaper said the state-controlled oil company leaked 4,200 barrels of oil, well above the 2,400 barrels leaked by Chevron earlier this month.

Iraqi government officials on Sunday said they will send U.S. oil company ExxonMobil another letter seeking the company's explanation regarding its exploration agreement with Kurdistan.

The dumping case alleges U.S. subsidies issued in the form of tax credits and a bio-fuel grant program including local state support in Illinois, Minnesota, Nebraska and South Dakota, are hurting companies in Europe, reports AFP.

Brazilian oil company Petroleo Brasileiro officials announced today the company located and contained a small gas leak on one of its offshore drilling rigs.

Chinese officials have made good on their threat to launch a trade investigation of their own into U.S. subsidies for renewable energy products.

The public relations campaign at end of year 2010 is proving to be a hard one for U.S. oil giant Chevron Corporation. Faced with an oil leak, the suspension of its drilling rights and severe public backlash all in Brazil, the company has now been labeled the most toxic energy company.

The biofuels industry could get a big boost after scientists in Georgia revealed Thursday a strain of yeast that can efficiently produce ethanol.

State readies a new ad campaign to reverse public opinion severely hurt by the Deepwater Horizon oil spill of 2010.

Brazil plans to investigate contracts between Chevron and Brazil's state-owned oil company Petroleo Brasiliero regarding the Frade offshore oil region to the northeast of the country where Chevron operates with Petrobras. The move follows an oil leak that saw the release of about 2,400 barrels of oil into the ocean.

The U.S Environmental Protection Agency announced this week it is likely not going to issue new green house gas emissions limitations for refineries in the country.

Brazilian officials said the moratorium on Chevron will stay in place until the company can further explain and correct the conditions that led to the oil leak earlier this month.

Crude oil inventories decreased by 6.2 million barrels for the week ending Nov. 18. when compared to last week, according the U.S. Energy Information Administration's weekly report.

Officials with the internet company are discontinuing seven projects including the company's Renewable Energy Cheaper than Coal (RE

Analysts predict natural gas harvesting from shale deposits will constitute at least half of the country's natural gas production by 2030.

The company's calculation comes close to official estimates by Brazilian officials on Friday, which placed the leak at 2,600 barrels. Earlier last week the company said 650 barrels of oil leaked from the fissure on the ocean floor.

Brazilian officials late Monday moved to fine Chevron Corp. over an oil leak off the coast of Rio de Janeiro, but there could be more to come.

In less than a week from now, commissioners with the U.S. International Trade Commission will be one step closer to making a decision on SolarWorld Industries America's trade dispute against Chinese dumping of solar cells.

Despite rumblings last week that Baghdad and ExxonMobil could be close to settling their oil contract spat, Iraqi officials announced Monday the U.S. oil giant's contract in the south of the country could easily be replaced... by Royal Dutch Shell.

Chevron Corporation announced it is taking full responsibility for the oil leak that occurred off the coast of Rio de Janeiro two weeks ago.

As much as 300 barrels a day may have leaked from the seeps caused by the company's drilling, says Brazil's environmental protection agency.

After several days of loaded proclamations, a deal may be in the offering between ExxonMobil, the Kurdish regional government, and Iraq's central government.

Chevron Brazil announced Thursday the company is actively cementing an appraisal well responsible for causing a relatively small oil leak.

After a spike in prices caused the cost of crude to climb above $100, prices are dropping.

U.S. government attorneys have charged BP Exploration Inc. with violating the company's probation originating from a 2009 oil spill in Alaska, the second company spill in three years.

Weekly U.S. crude inventories continued to slip, falling 1.1 million barrels in the week ended Nov. 11.