The federal appeals court’s decision came after finding that the Interior Department had failed to conduct an environmental study before issuing the company’s drilling permit.

The president-elect is poised to reverse actions that President Bush took using executive authority, possibly including policies on stem-cell research and oil drilling.

Winter is coming. The economy is in crisis. People are fearful. So why should we hope oil prices don’t fall too far?

Winter is coming. The economy is in crisis. People are fearful. So why should we hope oil prices don’t fall too far?

Government data show the nation’s industrial output plunged in August by 1.1 percent, nearly four times the amount that had been expected.

The Chesapeake Energy Corporation is providing money for a video news Web site to cover the development of natural gas wells in northern Texas.

After months of political assault from Republicans over high gas prices, Democrats are preparing legislation to relax a decades-old ban on oil drilling along much of the nation’s coastline.

The major Western oil companies are finding it harder than ever to find new prospects even though they are awash in profits and eager to expand.

Chevron said Friday that record oil prices drove second-quarter earnings up 11 percent to its highest-ever profit.

The oil tycoon talks about his plan to solve America’s energy crisis, why he’s not running for the presidency (this time) and why he’ll never vote for a Democrat.