Exxon CEO says evaluating next move in Alaska
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The chief executive of Exxon Mobil Corp.   said on Thursday he is "disappointed" by a recent  decision by Alaska to revoke some of the company's leases in  the North Slope region and said the world's largest oil company  is deciding its next move.
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Alaska's Aleutian Island chain, where  a broken cargo ship has been leaking fuel oil for five days,  needs the type of environmental protections that are given to  better-known areas, a marine wildlife activist said on Monday.
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Vagit Alekperov, the chief executive of Lukoil, is at ease talking about finding fossil fuels. &quot;I am an expert in the area of oil and gas production,&quot; he said in an interview at a New York hotel, &quot;There&#39;s nothing else that I know how to do.
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Alaska Governor Frank  Murkowski on Wednesday suggested that BP Plc misled the state  with satisfactory maintenance reports and launched an  investigation into the oil giant's handling of its pipeline  corrosion.
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ANCHORAGE, Alaska  - About 150 people have been  sent to an Aleutian island to try to clean up fuel oil  streaming from a wrecked cargo ship, but harsh weather has kept  most from the spill site, federal and state officials said on  Saturday.
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Outgoing Alaska Gov. Frank  Murkowski said Wednesday he plans to call a third legislative  session to try to win approval for a more than $20 billion  natural gas pipeline deal that would pump badly needed fuel to  the U.S. Midwest.
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ExxonMobil XOM.N CEO Rex Tillerson   told Reuters on Tuesday he expected Russia to live up to   agreements to enlarge the territory of the Sakhalin 1 project   to include new oil discoveries.
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With 24-foot seas and 50-knot winds continuing to pound the Aleutian island where a soybean freighter cracked in half, officials Saturday could take only a few small steps toward cleaning up the massive oil spill left behind.
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BP Plc  Chief Executive  John Browne said on Thursday he hopes that a final agreement on  financial terms for the proposed natural gas pipeline can be  reached soon, but there is no need to rush, despite pressure  from the Bush Administration and Alaska's governor.
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Research and development in fuel alternatives for gasoline should be the auto industry's top priority, even in a weakened economy, and even if it means companies delay expanding or other expensive strategic decisions, the president of Chrysler LLC said on Tuesday.
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President Bush is deciding whether to lift a ban on oil and gas drilling in federal waters off Alaska's Bristol Bay, home to endangered whales and sea lions and the world's largest sockeye salmon run.
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The Department of Transportation said it would need more data from an Alaska pipeline before it could approve a plan to restart some production from the eastern half of the oil field.
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KAKTOVIK, Alaska, Aug. 31 -- Interior Secretary Dirk Kempthorne made his first visit Thursday to the Arctic National Wildlife Refuge, center of a 25-year battle over whether to tap vast oil reserves under a coastal plain along the Beaufort Sea.
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The U.S. Supreme Court said on Monday it would decide Exxon Mobil Corp's appeal seeking to overturn the $2.5 billion in punitive damages for the 1989 Exxon Valdez oil spill off Alaska.
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The federal government will open up nearly 46,000 square miles off Alaska's northwest coast to petroleum leases next month, a decision condemned by enviromental groups that contend the industrial activity will harm northern marine mammals.
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A former energy company executive testified yesterday that his employees worked on an expansive reconstruction of the house of Sen. Ted Stevens (R), who is under investigation in a federal probe of corruption among Alaska lawmakers.
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U.S. and Alaskan authorities  on Thursday demanded $92.2 million from Exxon Mobil for  environmental damages linked to the 1989 Exxon Valdez incident.