| Apr 8, 2015
| 4:08 PM
Petroleum giant Royal Dutch Shell's $70-billion pact to buy British rival BG Group may inspire copycat deals in the oil and gas industry as companies struggle to adjust to months of collapsing crude prices.
The agreement, the second largest on record...
| Apr 8, 2015
| 9:05 AM
European petroleum giant Royal Dutch Shell has agreed to buy British rival BG Group for roughly $70 billion in a deal that could help the two companies battle low oil prices while pressuring market leader Exxon Mobil Corp.
Shell, which is based in the...
| Mar 12, 2015
| 5:34 PM
The United Steelworkers reached a tentative contract with Shell Oil Co. on Thursday after more than a month of contentious talks and strikes, union officials said.
The union said it had settled on a new four-year pact with Shell, the lead negotiator for...
| Feb 13, 2015
| 2:08 PM
From the Chicago Skyway, the flares at BP's Whiting oil refinery look like burning cigarettes balanced upright.
They continued to fire this week even as 1,065 workers entered the second week of a national strike affecting 11 production facilities,...
| Feb 12, 2015
| 6:32 PM
A revised environmental review of a contested Arctic oil lease makes drilling in the area far more likely, a development that has infuriated environmentalists.
The federal Bureau of Ocean Energy Management released the new environmental assessment of...
| Feb 2, 2015
| 10:18 PM
Florida's 120-day streak of falling gasoline prices has ended.
The average price for gas statewide rose Sunday for the first time in four months, travel club AAA said. That's in line with last week's bump in the U.S. average price, snapping the...
| Feb 2, 2015
| 6:23 PM
Gasoline traders reacted quickly to the first nationwide oil refinery walkout in more than three decades, pumping up wholesale prices to their highest level in more than a month.
But analysts questioned whether there would be longer-lasting consequences...
| Jan 10, 2015
Carl: The Daily Press does an excellent job in doing investigative work, but I wish someone would investigate why the city of Newport News', the animal registration card we get every year, and the $5 fee. Even though I get my animals...
| Nov 23, 2014
The for-sale sign WPX Energy Inc. recently put on its Marcellus shale wells and land could signal more moves among natural gas producers struggling with low prices, observers say.
"I do know a couple of companies that are interested in getting out of...
| Oct 12, 2014
| 9:17 PM
At 135 years and counting, the oil company now known as Chevron Corp. is one of California's oldest survival stories.
Chevron traces its history to 1879 when Pacific Coast Oil Co. was founded. It was bought, in 1900, by the vast industrial empire of the...
| Jun 3, 2014
| 12:17 PM
A pickup in offshore drilling is swelling the order books of the handful of helicopter operators that shuttle oil workers to and from remote rigs. Their stock prices, depressed after Big Oil's recent spending cuts, could also be readying for take-off....