The head of OPEC, the group of major oil exporters, says recent crude price increases are to blame on market fears caused by the crisis in Iraq but not on a drop in output.
A federal bankruptcy judge has set an Aug. 1 deadline for financial claims by West Virginia residents and businesses affected by a January chemical spill in Charleston that contaminated the local water supply.
The Senate Energy, Environment and Telecommunications Committee met in Spokane, a major railroad hub for the northern United States, to take testimony on a bill that seeks to improve the safety of those oil shipments.
Air Products & Chemicals Inc. says that it has hired the chief executive of the chemical company Rockwood Holdings Inc., Seifi Ghasemi, as its chairman and chief executive.
The facility will be utilized to make products for the semiconductor industry, which demands levels of purity to the parts per quadrillion (ppq). With the allowable level of contamination at one ppq, it’s equivalent to one drop of water in a space the size of the Empire State Building.
Russia's foreign minister insists the EU's order to halt construction work on the South Stream pipeline in Bulgaria is only a brief delay in the project planned to bypass Ukraine as a transit country and consolidate Russia's energy grip in Europe.
U.S. consumer prices increased in May by the largest amount in more than a year as the cost of food and gasoline showed big gains and airline fares jumped by the largest amount in 15 years.
Former U.S. Secretary of State Hillary Rodham Clinton says the proposed Keystone XL pipeline shouldn't be seen as a proxy for the relationship between Canada and the United States.
Four in 10 new oil and gas wells near national forests and fragile watersheds or otherwise identified as higher pollution risks escape federal inspection, unchecked by an agency struggling to keep pace with America's drilling boom, according to an AP review.
Weatherford's move comes after Swiss voters approved a proposal last year to give shareholders the right to hold a binding vote on all payments for company executives and directors.
A Charleston company faces state violations after a storm water collection trench overflowed at the same site where chemicals spilled into West Virginia's largest water supply in January.
A stormwater collection trench overflowed Thursday evening at the site of a Charleston company that spilled chemicals into West Virginia's largest water supply.
Citing new safety and environmental risks as more crude oil moves by train through Washington, Gov. Jay Inslee on Thursday directed state agencies to evaluate the safety of oil transport in the state.
The prices U.S. companies receive for their goods and services fell in May, driven lower by cheaper food and gas, evidence that inflation is mild.
A new trial was ordered Thursday for a former BP engineer convicted of deleting text messages related to the 2010 oil spill in the Gulf of Mexico.
Ohio is leading a group of drilling states working with seismology experts from energy companies, government agencies and universities across the U.S. on how best to detect and regulate human-induced earthquakes.
In addition to their insight on new opportunities within the custom tolling and chemical reclamation marketplace, the technological approach embraced by ORG CHEM Group has been key to their growth and differentiation within a very competitive industry.
According to a joint news release, scientists at both companies believe they can use tomato fibers to manufacture composite materials used for wiring brackets, or storage bins in cars instead of petroleum-based plastics.
The indictment returned last week says Tezock moved to Texas and opened a company to manufacture, produce, purify and sell a specialty gas. Prosecutors say the process was developed by Voltaix.
A fire damaged a petrochemical plant in eastern Thailand on Monday, sending smoke billowing for kilometers (miles) and forcing nearby residents to flee their homes.
The U.S. Supreme Court says BP must continue paying claims from a fund established after the 2010 Gulf of Mexico oil spill while the company appeals terms of its settlement with some businesses.
The U.S. government on vowed to take a stronger role in protecting chemical-industry workers and local residents from accidents and explosions at chemical plants in the aftermath of a deadly April 2013 explosion in Texas.
An independent research group suggests sampling water in 720 West Virginia homes for a chemical that spilled into the water supply in January.
A U.S. board's investigation into the 2010 BP oil spill concludes that a last-ditch safety device on the underwater well had multiple failures, wasn't tested properly and still poses a risk for many rigs drilling today.
Nearly 15 years after the closure of a chemical plant that dumped mercury into Maine's Penobscot River, a federal trial began Tuesday to determine whether the company now responsible for it must pay to clean up the downriver contamination that advocates say puts humans and wildlife at risk.