May 31, 2012 With the price of oil below $90 a barrel, some are beginning to wonder at what point does it become unprofitable to drill.
May 25, 2012 Supporters of cutting Scotland loose from the rest of the United Kingdom kicked off their independence campaign today. A key part of the U.K.'s wealth is the oil under the North Sea, which would become Scottish territory.
May 25, 2012 Scotland has been a part of the United Kingdom for the past 300 years, but many Scots think it's a bad deal. Scotland is home to most of the U.K.'s oil and gas production in the North Sea.
May 22, 2012 The top nuclear official at the United Nations said today that a deal has been reached with Iran to allow the U.N.’s investigation into Iran’s nuclear program to continue. So what does this mean for the price of oil, which spiked earlier this year because of tensions with Iran?
Stacey Vanek Smith
May 7, 2012 The Fortune 500 2012 list ranking U.S. companies by revenue has Exxon Mobil at No. 1 and other oil firms near the top. So why are gas prices continuing to go up?
May 4, 2012 Companies will have to disclose the chemicals they use to force oil and gas out of the ground. But only after they extract them, not beforehand.
May 3, 2012 The airline has had enough of price hikes and supply interruptions. But whether the airline can run a refinery is another question.
May 1, 2012 A new book explores the leadership in the mega oil company, and how it affected its image in the global economy and its views on climate change.
May 1, 2012 ExxonMobil, one of the biggest companies in the world, has battled scandal after scandal and shaped much of how power works in modern society. How did it get to the top?
Heidi N. Moore
May 1, 2012 In a first for an airline, Delta plans to pay $150 million for an oil refinery in Pennsylvania in a effort to bring some order to its fuel prices. But even if Delta's oil refinery deal works out well, fares are probably not going to drop.