The energy production revival in the United States will continue into the far future, according to a report released this week by fuel giant Exxon.
Many gasoline stations in areas hardest hit by hurricane Sandy remain closed, forcing motorists into long lines for precious fuel. Will pipeline, terminals, and other distribution facilities reopen before gas prices spike?
BP confirms it is in talks to take sell its stake in TNK-BP, Russia's third largest energy producer in terms of production. The proposed buyer, Rosneft, has close ties to President Vladimir V. Putin.
A survey of Canadian adults found that most reacted negatively to foreign control of their natural resources, according to OilPrice.com. Canadians are "not particularly supportive" of a proposed deal with the China National Offshore Oil Corp.