Crews battle a smokestack fire at the U.S. Oil and Refinery Co. that sent plumes of black smoke across the sky in Washington.
State oil company Petroleos Mexicanos, or Pemex, said the Troll Solution rig was maneuvering to perform offshore maintenance at the time of the accident.
A proposal by Shell Chemical to build a petrochemical plant in western Pennsylvania drew praise from those who say it will boost the region's economy, and criticism from those who fear it will harm the environment.
It's a major victory for industry groups and top conservatives who have decried rampant local "overregulation."
The compound, 2-BE, has a wide variety of industrial and household uses, and is commonly found in paint, cosmetics and cleaners, but the authors identified gas drilling as the most probable source.
Some of the world’s top chemical companies have not only called climate change “man made,” they’re leading the charge to combat it.
John Hofmeister, former U.S. president of Royal Dutch Shell Plc and founder of Citizens for Affordable Energy, talks about why he thinks many analysts are underestimating the oil market.
Buffett says railroads play an important role in transporting potentially dangerous products across the United States, and he thinks it makes more sense for railroads to haul them instead of trucks or pipelines in most cases.
Rail tank cars used to transport crude oil and many other flammable liquids will have to be built to stronger standards to reduce the risk of a catastrophic train crash and fire, under sweeping new safety rules.
The fee would start at $175 and increase to $1,400 per car by 2018. It would raise an estimated $600 million to train first responders, clean up spills and relocate rail tracks around populated areas.
North Dakota's fracking industry, in particular, helped make the state "an exceptionally dangerous and deadly place to work" according to the report.
Injection wells pump wastewater from oil and gas drilling deep inside the earth. Some such wells in Ohio have been linked to earthquakes.
It said its first-quarter profit rose 7 percent, thanks to a good performance in the refining division as well as to the fact that year-earlier figures were weighed down by one-time charges.
The sale is expected to take place before the end of the year as part of BP's plans to trim $10 billion in assets amid plummeting gas prices.
Attorneys for Royal Dutch Shell PLC presented testimony to a federal court judge Tuesday that the company needs safety zones around its Arctic drill fleet to prevent Greenpeace USA activists from endangering company workers and themselves.
Ohio leaders hope the plant will draw other plastic and chemical manufacturers to the area.
Roubini Global Economics co-founder Nouriel Roubini discusses the "new normal" for oil prices for the next few years.
"Crude oil prices are around $62 per barrel, consumption is improving, and buyers throughout the value chain are focused on restocking their inventories in a tight market," said Michael Smith, vice president of European chemicals at IHS Chemical.
RJ O’Brien & Associates’ Phil Streible discusses the price of oil.
Reports indicated a refinery worker at Asphalt Refining and Technology Company in Douglasville went into cardiac arrest on Wednesday afternoon
TransCanada officially asked the State Department to sign off on its Upland Pipeline Project, a $600 million pipe running north from North Dakota to Saskatchewan.
Greenpeace has called on Spain's government to dedicate more resources to cleaning up an oil spill rising up from a sunken fishing trawler off the Canary Islands after spotting a five-kilometer (3-mile) slick.
Tortoise Capital Advisors Portfolio Manager Robert Thummel discusses challenges for the oil and gas services industries in the wake of lower oil prices. He speaks on “In The Loop.”
A documentary chronicling the lives of residents and workers in the oil-rich region of North Dakota and Montana that has created a modern-day gold rush will start airing Sunday on the Smithsonian Channel.
In the year since the energy industry last gathered in for its big annual confab in Houston, prices for oil and natural gas took a dive that few, if anyone, saw coming. Here are five major themes from this year's conference.