Executives Urge Action to Cut Dependence on Foreign Oil
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The Energy Security Leadership Council is lobbying for a comprehensive campaign to reduce reliance on imported oil.
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Chief executives of U.S.- based  automakers were told bluntly by Democratic leaders on Wednesday  to expect higher fuel standards, but the industry lobbied hard  to avoid sharply higher mileage targets.
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David J. OâReilly, Chevronâs chairman and chief executive, spoke about the challenges oil companies face, the companyâs recent ads and the lack of an energy policy in the U.S.
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ABUJA, Nigeria  -- With oil prices recently dipping to seven-month lows, OPEC's president said Thursday that the group is considering an emergency meeting to discuss the possibility of cutting output.
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The move threatens to slow the development of the largest oil find in the world in three decades.
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OPEC&#39;s president has taken the unprecedented step of urging the United States to tap its emergency crude reserves to bring down world oil prices.
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By Muklis Ali JAKARTA  - OPEC took the unprecedented step of urging the United States to tap its emergency crude reserves to bring down world oil prices.
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An extra 3 million barrels per day (bpd) of production capacity worldwide is needed to avoid another year of blistering oil prices, International Energy Agency (IEA) executive director Claude Mandil warned on Sunday.
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Most oil-producing nations are also rife with corruption, and oil companies should provide more information about their operations to help clean up the market, a global watchdog group said Wednesday in an annual report.
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The head of the Organization of Petroleum Exporting Countries (OPEC) has called on the United States to release some of its oil reserves to help reduce world oil prices.
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The heads of the domestic auto industry are pressing congressional leaders to revisit a plan to increase fuel efficiency standards that automakers say could hurt their industry.
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U.S. News & World Report - An influential private group of corporate chief executives and retired generals is telling lawmakers on Capitol Hill to "think big" on energy.
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OPEC took the unprecedented step of urging the United States to tap its emergency crude reserves to bring down world oil prices. Purnomo Yusgiantoro, the president of the
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JAKARTA, Indonesia -- The Organization of Petroleum Exporting Countries wants oil prices that traded near $50 a barrel last week before retreating this week to fall faster, and will discuss whether to increase production at a meeting next month, the
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At a time when the nation is chafing at its persistent dependence on foreign oil, it is becoming clear that the United States may be headed for the same situation with natural gas.
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Nigeria's top energy adviser says oil extraction partnerships with foreign firms should be reviewed.
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&quot;We have asked them (the United States) to use their oil reserves to help cool down the prices,&quot; OPEC President Purnomo Yusgiantoro, who is also Indonesia&#39;s minister of energy and mineral resources, told reporters.