Pierre Bertrand

A day after Iraq's oil minister announced Exxon Mobil (NYSE: XOM) confirmed it was freezing a controversial exploration deal in Kurdistan, the autonomous region's natural resource minister said Baghdad is lying.

The U.S. government has until Thursday to respond to BP's accusation that it is withholding information on the size of the Deepwater Horizon oil spill in 2010.

The Bureau of Ocean Energy Management, the U.S. authority issuing permits to drill for oil and gas, announced Monday it will be hosting a series of public meetings ahead of a new round of oil and natural gas development lease offerings in the Gulf of Mexico.

Exxon Mobil (NYSE:XOM) has confirmed its intention to freeze a controversial deal with the Kurdish government. That may lead Baghdad to let the U.S. company compete again for exploration contracts.

U.S. senators who voted this week to continue oil-and-gas company tax subsidies have received $1.48 million in campaign contributions from the O&G industry during the current two-year election cycle, while senators who voted to discontinue them have received only $400,075 in such donations.

Chevron Corp. (NYSE: CVX), the second largest U.S. oil company, lost its fourth attempt to avoid paying $18 billion in environmental fines for polluting tracts of the Amazon.

The death of a ConocoPhillips (NYSE: COP) refinery in Pennsylvania may be avoided as bidders line up to buy the idled plant.

The U.S. Senate on Thursday killed a bill that would have stripped the five largest oil companies of billions in tax breaks.

ExxonMobil (NYSE: XOM), the largest U.S. and global producer of oil has been dethroned from its top spot.

We want to correct the myth that there is, or could be, a shortage, Ali al-Naimi wrote, noting fears of a global oil shortage. It is an irrational fear, a fear without basis.

The U.S. Department of the Interior announced Wednesday it is getting ready to open parts of the Atlantic coast to surveys that could lead to drilling for oil and natural gas, but the biggest industry group is not satisfied

While the U.S. oil and natural gas industries are reaping astronomical profits now, they could increase them even more if companies weren't so wasteful, the Natural Resources Defense Council said.

A new law in Pennsylvania has upset some health professionals, who fear they won't be allowed to share information about potential risks of the drilling practice hydraulic fracturing due to confidentiality pacts that protect the oil and gas industries.

British oil giant BP is expanding gas drilling in Ohio despite the continuing decline in gas prices.

Despite Monday's 92-4 vote, Republicans are likely to kill the bill later this week if, as expected, they're not allowed by the Senate's Democratic leadership to propose amendments.

Chevron Corp. (NYSE: CVX) the second largest U.S. oil company, will not be expelled from Brazil for pollution, a government official said.

The American Petroleum Institute launched a new ad campaign to battle against a U.S. Senate vote to eliminate oil tax breaks.

The American Petroleum Institute, the country's largest oil industry backed trade group, slammed the U.S. Senate as it readies to vote to eliminate tax breaks for oil companies.

The U.S. Senate is scheduled to vote Monday on whether or not to do away with tax breaks for the largest oil and natural gas companies.

Sen. Bernard Sanders (Independent-Vt,), introduced a new law this week to curb speculation in oil futures.

Saudi Arabia's Saudi Aramco has chartered 11 oil tankers, doubling its fleet, to better control the price of oil. The tankers are en route to the U.S. in a bid to lower oil and gas prices.

President Barack Obama on Thursday will expedite the construction of the Keystone XL Pipeline as part of a tour of the nation's energy hubs.

Alaska could soon have a pipeline linking the state's liquefied natural gas to Asian markets, according to a published report.

Brazilian prosecutors filed criminal charges against Chevron (NYSE: CVX) and Transocean (NYSE: RIG) executives Wednesday for their role in a November offshore oil spill.

Chevron (NYSE: CVX) oil executives face criminal charges in Brazil after company drilling caused an oil spill in the South Atlantic.

A federal judge handling a case against alleged unsafe conditions on an oil rig owned by BP (NYSE: BP) has ordered confidential documents be kept to a minimum.

Energy In Depth, a public outreach branch of the Independent Petroleum Association of America, took a shot on Tuesday at a new study on hydraulic fracturing's air emissions.

Chevron officials announced Wednesday the company's most recent oil spill off the coast of Brazil is not linked to a previous oil leak in November.

The American Petroleum Institute, the U.S. oil industry's main trade group, renewed its call Tuesday for President Barack Obama develop the country's untapped resources, saying that would lower national gasoline prices.