Wal-Mart Stores takes back top spot in Fortune 500
Wal-Mart Stores Inc. once again leads Fortune's list of the 500 biggest U.S. companies by revenue, as the world's largest retailer succeeded in ...

Chevron profit down 4.5 pct. on lower oil prices
Chevron Corp.'s net income fell 4.5 percent in the first quarter as oil prices fell and refinery output declined. Chevron, the second largest U.S.
Obama's inaugural raised $43 million
President Barack Obama's inaugural committee raised more than $43 million for his second inauguration, with corporations chipping in a major portion.
Lebanon picks 46 firms to bid for gas exploration
Lebanon's energy minister says Beirut has chosen 46 international and regional companies to bid for off-shore gas exploration. Gibran Bassil says 12 ...
Supreme Court limits suits over foreign abuses
The Supreme Court on Wednesday drastically limited the ability of foreign victims of human rights abuses to use American courts to seek accountability ...

Moniz backs natural gas 'revolution'
President Barack Obama's choice to lead the Energy Department pledged to increase use of natural gas Tuesday as a way to combat climate change even ...
52 companies apply to explore for oil in Lebanon
Lebanon's Energy Ministry says 52 companies have participated in a pre-qualification process to win licenses for offshore oil and gas work.
Sierra Club blasts new plan to improve fracking
The Sierra Club and some other environmental groups are harshly criticizing a new partnership that aims to create tough new standards for fracking.

Both sides agree on tough new fracking standards
Some of the nation's biggest oil and gas companies have made peace with environmentalists, agreeing to a voluntary set of tough new standards for ...

La. pipeline blaze could burn until Thursday
A fire raging in a coastal Louisiana bayou where a tugboat struck a gas pipeline appeared to have diminished Wednesday night, but is far from ...

Blaze erupts after tug hits pipeline on La. bayou
A tug boat pushing an oil barge struck a gas pipeline in a bayou south of New Orleans on Tuesday night, igniting a blaze that burned for hours and ...

Energy nominee favors all-of the-above approach
President Barack Obama's choice to lead the Energy Department advocates an all-of-the-above approach to energy and favors natural gas as a "bridge ...

US caught in awkward embrace of Myanmar 'crony'
The image was meant to convey growing friendship between the United States and Myanmar, the world's hottest frontier market. Flanked by national ...

Senate panel postpones vote on Hagel nomination
A Senate panel on Wednesday abruptly postponed a vote on Chuck Hagel's nomination to be defense secretary amid Republican demands for more information ...
Chevron profit up on asset exchange, refineries
Chevron Corp. posted a 41 percent gain in net income for the fourth quarter as the company produced more oil and gas, improved the performance of its ...

Refining margins boost 4Q profit at Exxon Mobil
Exxon Mobil Corp. said Friday that fourth-quarter earnings rose 6 percent to $9.95 billion with help from higher refining profit margins. The oil ...
Argentine court upholds freeze on Chevron assets
An attempt by Chevron Corp. to unfreeze its assets was dismissed Wednesday by an appeals court in Argentina, where the winners of a $19 billion ...

Defense nominee Hagel plans to shed some holdings
Secretary of Defense nominee Chuck Hagel has told Pentagon officials he plans to divest some of his financial holdings and resign from several ...

GE earnings rise on emerging market growth
General Electric Co. has been re-energized. Performance at all of the conglomerate's industrial segments is improving thanks to cost cutting, a shift ...
Oil firm to boost exports from Iraqi Kurdish area
Genel Energy PLC, a company led by the former BP chief executive that recently started shipping oil from Iraq's self-rule Kurdish region, said Friday ...
Chevron set to win Lithuanian shale gas license
U.S. energy giant Chevron is poised to win a license for shale gas exploration in Lithuania, officials in the Baltic state announced Tuesday.

Iraq threatens to seize oil shipments, sue dealers
Iraq has threatened to seize oil exports made without its consent and sue companies dealing in what it sees as contraband crude just days after the ...
Correction: School Shooting-Teacher Pensions story
In a story Dec. 20 about public pension funds investing in gun makers, The Associated Press erroneously attributed a quote. Howard Goldman, spokesman ...

Chevron's CEO: Affordable energy is crucial
Chevron CEO John Watson notices something important as he visits his company's operations around the globe: Governments everywhere find high energy ...