The elevated inventory levels are the result of the continuing strong crude oil production growth, the opening of TransCanada's Marketlink Pipeline, and a drop in crude oil inputs at USGC refineries as a result of seasonal maintenance.
A Hong Kong-based company has been granted a license for what would be a major new power project in Jamaica, the Caribbean island's energy minister announced Tuesday.
State and federal environmental officials in New York are changing the way they prepare for oil spills.
Rebel fighters in South Sudan claimed Tuesday that they captured the capital of an oil-rich state, and they issued an ultimatum to oil companies to shut down production and evacuate workers. U.N. peacekeepers rescued 10 oil workers from the violence, but not before five were wounded.
Two brothers who defrauded millions of dollars from thousands of investors in an oil and gas drilling scheme lost a bid Tuesday to have their convictions and sentences overturned.
ConocoPhillips says it will resume exports of liquefied natural gas from a Kenai Peninsula facility.
Shell Chemical LP plans to hold meetings in western Pennsylvania to discuss the possibility of building a huge natural gas processing plant there.
Crews worked for the fourth week to clean oil that leaked from a pipeline into a nature preserve near Cincinnati as officials began to focus on restoration of the affected area.
Arizona Gov. Jan Brewer signed into law a bill that eliminates sales taxes on electricity and natural gas purchased by manufacturers and mining smelters, a move she said was needed to make the state more attractive to large businesses.
An oil pipe leak caused excessive levels of the toxic chemical benzene in a major Chinese city's water supply, prompting warnings against drinking from the tap and sending residents to queue up to buy bottled water.
There are no pipelines that bring crude oil into California. For decades, the fuel that powers the state's 32 million vehicles has come from tanker ships or in-state production. But government regulators predict a surge in U.S. oil production will means a steep increase in the number of trains carrying it to California refineries.
The oil boom in the Bakken shale fields has touched off an explosion of growth and wealth on the prairie. Big money is raining down in small towns; oil rigs light up the night sky. But the bonanza has also brought with it a dark side: a growing trade in meth, heroin, cocaine and marijuana, the shadow of sinister cartels and violence.
Opponents of a proposed pipeline that would carry oil from Canada south to the Gulf Coast have stamped a massive message of resistance into a Nebraska field that is in the project's path.
The EIA projects that liquefied natural gas will play an increasing role in powering freight locomotives in coming years. Continued growth in domestic natural gas production and substantially lower natural gas prices compared to crude oil prices could result in significant cost savings for locomotives that use LNG as a fuel source.
The Michigan Department of Natural Resources has barred two energy companies under criminal indictment from participating in oil and gas lease auctions.
The U.S. Chemical Safety Board on Thursday released the first official findings on the blast at the Silver Eagle Refinery in Woods Cross in a report by an outside consulting group.
U.S. Development Group is seeking permits to build an oil terminal on the Washington coast that could handle about 45,000 barrels of crude oil a day.
Thousands are considering claims under a medical settlement BP reached with cleanup workers and coastal residents. The settlement, which could benefit an estimated 200,000 people, received final approval in February from a federal court.
Eleven Senate Democrats, including six who face contested races this year, urged President Barack Obama on Thursday to approve the Keystone XL oil pipeline by the end of May.
In Ireland, where the agricultural focus has shifted to Irish-grown, organic food, farmers are struggling with whether the potential environmental dangers of fracking outweigh the energy benefits.
Following an intensive amendment process that began last week, the House Resources Committee passed out its rewrite of a bill aimed at advancing a major liquefied natural gas project.
Chevron Corp. said that profit in the first quarter would slip below the fourth-quarter earnings on lower oil and gas production.
State officials say they've finalized plans to begin plugging some of the Powder River Basin's hundreds of abandoned coal-bed methane wells in the weeks ahead, a big job that could get a lot bigger depending on the outcome of a company's bankruptcy.
In "The Boom," Russell Gold brings new clarity to a subject awash in hype from all sides.