Pierre Bertrand

New York Comptroller Thomas DiNapoli renewed his call on Friday that Chevron Corp. (NYSE: CVX), the second-largest oil company in the U.S., settle its legal battle against a multibillion-dollar judgment in Ecuador, to avoid further damaging its reputation and shareholder value.

The Bureau of Safety and Environmental Enforcement will be conducting a series of possibly unannounced equipment inspections and on-water drills to test the oil spill responsiveness of companies planning to operate off the coast of Alaska in the Arctic Ocean.

The Department of the Interior on Thursday called for a deepwater oil and natural gas containment exercise, designed to test the oil industry's readiness and capacity to respond to a future accident like the Deepwater Horizon in the Gulf of Mexico.

In the debate on hydraulic fracturing's safety record, the back and forth between industry groups, activist, and academic studies creates a lot of noise for the average person to sort out. But when a university is accused of misrepresenting its own data, that makes understanding the controversial drilling technique even more challenging.

Spanish oil company Repsol on Thursday announced it made one of the year's largest oil and natural gas discoveries off the coast of Brazil.

The Ohio House on Thursday is expected to vote on a bill that would bolster the state's rules on hydraulic fracturing

The national debate on the Keystone XL pipeline enters the courtroom, as Nebraska landowners sue their state over how the pipeline project could be approved.

The American Petroleum Institute has again called on Washington to increase domestic production of oil on both federal and public lands, to help consumers by bringing gasoline prices down even further.

Ohio representatives this week will vote on a set of new natural gas drilling regulations, including chemical disclosure laws, that opponents say favor natural gas drillers.

Good news out of Iran on Tuesday helped add to crude oil's price decline, already spurred by economic woes plaguing Europe.

Brazilian state-owned oil company Petrobras announced Tuesday the company has tens of billions of barrels of oil to be developed from offshore oil fields.

The Obama administration is increasingly under fire this month for its policy on the nation's coal sector.

Officials with French oil company Total on Monday announced one of the company's producing platforms in the North Sea has stopped leaking natural gas.

East Texas has again been hit by an earthquake in a region that has seen a small rash of quakes in the past year.

Cuba's hope of cutting its energy dependence on Venezuela by developing new domestic sources of crude oil has suffered a blow -- the first in a series of exploratory offshore wells is a dry hole.

East Texas has been shaken this past week by two earthquakes, and the region's natural gas drilling could be what has triggered them.

Kurt Mix, a former engineer for BP PLC who is accused of deleting hundreds of telling text messages about the amount of oil flowing into the Gulf of Mexico because of the company's Deepwater Horizon disaster in 2010, has asked a federal judge to allow him to travel freely while on bail.

Brazilian naval authorities are investigating yet another oil sheen seen floating near a platform owned by state oil company Petrobras.

The perpetrators of the next 9/11 terrorist attack may avoid airport terminal security altogether by infiltrating airports and planes parked on the tarmac, said Chip Cravaack, a Republican congressman who knows the industry well - he used to be an airline pilot.

Federal judge Jane Triche Milazzo has recused herself this week from the first criminal case stemming from BP's Deepwater Horizon 2010 oil spill.

Brazilian oil company Petrobras, which helps U.S.-based Chevron develop offshore oil fields in Brazil, said regulators there are not likely to shut down Chevron's operations in the Frade oil field in the wake of oil spills.

The state of Vermont became on Wednesday the first in the United States to ban the controversial natural gas drilling technique known as hydraulic fracturing or fracking.

The U.S. Environmental Protection Agency is again under fire for a draft study released late last year that suggests natural gas drilling contaminated ground water.

A new blend of ethanol in gasoline could likely cause billions in damages to millions of engines across the country said a final report released by the Coordinating Research Council on Wednesday.

A study released on Tuesday by the University of Buffalo's Shale Resources and Society Institute suggests that Pennsylvania is getting better at regulating natural gas drilling, and that the state has a regulatory model that New York could implement as it considers opening its own doors to high-volume horizontal hydraulic fracturing.

Kurt Mix, the former BP engineer arrested for deleting messages revealing how much oil was really seeping from the stricken Deepwater Horizon well in 2010, said evidence not yet submitted to federal investigators will absolve him of all criminal charges.

In a joint presentation to both Republican and Democratic party platform committees, the American Petroleum Institute, the largest petroleum industry-backed trade group, released a series of recommendations it would like to see implemented by the next presidential administration.

Spanish oil company Repsol started motions Tuesday to sue the Argentine government in the hope of collecting at least $10 billion for the seizure of its subsidiary YPF.

A group of Chevron Corp., shareholders has asked that the Securities and Exchange Commission investigate claims the oil major is not fully disclosing the effect that a multi-billion dollar environmental case in Ecuador would have on the company and its numerous stakeholders.