Defying the Republican-run Congress, President Barack Obama rejected a bill Tuesday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency.
The White House said Monday that President Obama doesn't plan on drumming up "a lot of drama or fanfare" when he vetoes legislation that would approve the Keystone XL pipeline.
BP and Maersk training announced they are working together to provide offshore rig crew training in Houston. BP awarded Maersk, which has doubled its training operations in the last three years, a five-year training ...
Halliburton and Baker Hughes have issued a joint proxy statement/prospectus relating to the merger of Baker Hughes into a wholly owned subsidiary of Halliburton.
A train carrying crude oil derailed in southern West Virginia on Monday, sending at least one tanker into the Kanawha River and sparking a house fire, officials said.
The number of barrels of oil produced per day in North Dakota set a record in December, but the tally of rigs in the oil patch has dropped precipitously since then, state regulators said Friday.
BP Plc isn’t covered under Transocean Ltd.’s insurance policies for the undersea well blowout that caused the 2010 Gulf of Mexico disaster, the Texas Supreme Court said, blocking the oil company’s access to $750 mill ...
TransCanada Corp. will temporarily suspend efforts to seize Nebraska land for its much-delayed Keystone XL oil pipeline after landowners sued, in what is one obstacle the Canadian company still faces in the 1,179-mi ...