Alaska Gov. Sarah Palin has signed a bill authorizing the state to award a licence to TransCanada Corp.

KNOXVILLE, Tenn. The Tennessee Valley Authority, faced with growing electricity demand and rising coal costs, asked regulators Wednesday to renew construction permits for two unfinished nuclear reactors it ...

Earnings results announced Wednesday by major Chinese oil companies were in line with expectations, with industry leader PetroChina's first-half net profit falling 34.5 percent amid rising losses in its ...

The 600 or so stations are being sold to Pacific Convenience & Fuel LLC, a subsidiary of PetroSun Fuel.

Oil prices rose to above US$117 a barrel in Asia Wednesday on concerns tropical storm Gustav may disrupt operations in the Gulf of Mexico, home to a quarter of U.S. crude production.

Exxon Mobil says it has reached an agreement with plaintiffs in the Exxon Valdez oil spill case.

TransCanada Corp. officials say work should start by mid-October on the Keystone crude oil pipeline's Missouri River crossing.

Oil exploration group Cairn Energy is close to securing the credit lines that will ensure sufficient funding is in place to start production at its massive Rajasthan field in northern India next year.

China Petroleum & Chemical Corp ) is scaling back its capital expenditure this year after hefty refining losses caused net cash inflows to dwindle, forcing it to cancel and cut back expansion projects.

Appalachian Power Co. is asking federal regulators to extend a variance for releases from Smith Mountain Lake because of low water levels.

California law requires the state to get 20 percent of its electricity from renewable sources by 2010, and it is looking at Oregon's wind power industry as a way to do it.

Chevron Corp. , the second-largest U.S. oil company, plans to give Exxon Mobile Corp.

San Diego Gas & Electric followed Federal Aviation Administration guidelines in marking equipment that might be aviation hazards, the executive vice president of San Diego-based Sempra Energy testified today.

New York Attorney General Andrew Cuomo says Entergy Corp. has agreed to continue paying a state authority up to $72 million annually until 2014 if it's allowed to spin off its northeastern nuclear division.

An inquiry by the Oklahoma Department of Securities into Quest Resource Corp. led to the abrupt resignation of a city energy company's chairman and chief executive officer, company officials announced this ...

MOSCOW : TNK-BP Executive Vice-President for Downstream Tony Considine resigned on Monday after five years heading the refining, trading and marketing businesses at BP's Russian venture, the company said.

Asia's biggest refiner China Petroleum & Chemical Corp. said Monday that its first-half net profit fell 77 percent from a year earlier due to losses in its refining business.

Board member exits too, causing a fall from compliance with AMEX audit-committee requirements.

The deal comes after Grey Wolf shareholders in July voted against a proposed purchase of well-servicing company Basic Energy Services Inc.