United States

The US Interior Department believes that the upcoming lease sale in Alaska's National Petroleum Reserve will attract large bids from international oil companies (IOCs) that are hoping... 2008-08-15

The US Federal Trade Commission (FTC) has issued notice of a new rule designed to combat manipulation in the oil market. With crude prices having breached US$147 per barrel (bbl)... 2008-08-14

Houston-based ConocoPhillips has said it hopes fellow US major ExxonMobil will join it and partner British major BP in their Alaskan natural gas pipeline project, Denali. The Denali... 2008-08-12

Brazilian state-controlled oil company Petróleo Brasileiro (Petrobras) has agreed to buy US major ExxonMobil's stake in Esso Chile Petrolera and its assets in other associated... 2008-08-11

US major Chevron and its partners may be forced to delay the start of production at the US$2.8bn Frade oil field project in Brazil by three months because of the late delivery of... 2008-08-07

Texas-based major ExxonMobil beat its own record for the highest-ever profit by a US company as its second quarter earnings rose 14% on the back of surging oil prices. The company... 2008-08-01

It is looking increasingly likely that US lawmakers will embark on their five-week summer recess without taking action on energy, as both Congress and the Senate remain deadlocked... 2008-07-31