"Oil Rises, Rebounding From Two Week Low, on Signs of Stronger Fuel Demand"
Crude oil rose, following a rally in the stock market, and as a government report showed U.S. fuel consumption increased....Complete Story
"Chevron Reports New Discovery in Gulf of Mexico That May Rival Jack Find"
Chevron Corp., the second biggest U.S. oil company, made an oil discovery in the Gulf of Mexico that may rival the 500 million-barrel Jack prospect found in 2004....Complete Story
"US Lawmakers Preparing to Draft New Offshore Drilling Laws"
Federal lawmakers are gearing up to legislate a new offshore drilling plan that could restrict development in major areas of the Outer Continental Shelf, but allow some acreage previously closed to access to be opened for exploration....Complete Story
"China's Sinopec Takes A Close Look at Mexico's Oil Patch"
China's Sinopec Group is the first integrated oil company to test the waters in Mexico after Congress passed an energy reform last fall....Complete Story
"Apache Won't Resort to Layoffs at This Time"
Oil and gas producer Apache Corp. will hold on to its employees despite the fact that energy price and profits have plummeted in recent months....Complete Story
