oil company

The Supreme Court has agreed to decide what share railroads and an oil company should bear of the cleanup of a contaminated industrial site in Arvin, Calif., near Bakersfield, that threatened drinking water supplies.

13 Interior Department employees in Denver and Washington rigged contracts, worked part-time as private oil consultants, and had sexual relationships with -- and accepting golf and ski trips and dinners from -- oil company employees.

China and Iraq have signed a $3 billion deal revising an earlier agreement for China's biggest oil company to help develop the Ahdab oil field, according to a statement from the Iraqi Embassy in Beijing.

China and Iraq have signed a $3 billion deal revising an earlier agreement for China's biggest oil company to help develop the Ahdab oil field, according to a statement from the Iraqi Embassy in Beijing.

PetroChina's first-half net profit fell 34.5 percent, the oil company said Wednesday, amid rising losses in its refining business mainly due to Chinese domestic price controls.

The president of Brazil's state-run oil company says the United States must exploit offshore resources while limiting environmental impact.

British oil company BP PLC says testing will begin Wednesday on the closed Baku-Tbilisi-Ceyhan oil pipeline, which runs through conflict-stricken Georgia, ahead of a move to restart full operations as early as next week.

British oil company BP PLC says a Russian labor court has barred the chief executive officer of its troubled Russian joint venture, TNK-BP, from office for two years.

Oil company BP PLC says it has shut down a pipeline that runs through Georgia as a precautionary measure, but says that it is unaware of any Russian bombing of pipelines in the region.

French oil company Total SA said Wednesday its first-quarter net profit jumped 18 percent amid record-high energy prices.