By CARL HULSE
The Senate blocked a Democratic proposal to strip the five leading oil companies of tax breaks that backers of the measure said were unfairly padding industry profits.
May 18, 2011
Rolling in profits from $100-a-barrel-oil, the industry still wants its tax breaks.
May 15, 2011
By JOHN M. BRODER; BRIAN KNOWLTON CONTRIBUTED REPORTING.
Executives of five of the largest oil companies said the $2.1 billion they received annually in tax breaks were legitimate tax deductions.
May 13, 2011
By JOHN M. BRODER
A year after testifying in relation to the gulf oil spill, the oil industry's Big Five executives will appear before a Senate panel to explain why they need more than $4 billion a year in tax breaks even as they rake in near-record profits.
May 11, 2011
By CLIFFORD KRAUSS
The Obama administration is under pressure as it weighs whether to allow Shell to drill in the Arctic.
May 2, 2011
By JULIA WERDIGIER
The biggest oil companies in the United States and Europe benefited from higher oil prices and earnings from refining.
April 29, 2011
By CLIFFORD KRAUSS and JOHN BRODER
As the one-year anniversary of the BP oil spill approaches, both the oil industry and its top regulator say that reinventing the agency that oversees offshore drilling will require more time, money and people.
April 18, 2011
By JAD MOUAWAD; JULIA WERDIGIER CONTRIBUTED REPORTING.
A move to safer assets sends American crude oil below $100 a barrel for the first time in two weeks.
March 16, 2011
By CLIFFORD KRAUSS; JULIA WERDIGIER CONTRIBUTED REPORTING FROM LONDON.
Delays in receiving regulatory clearance stifle a project to drill one or two exploratory wells in Alaska’s Beaufort Sea.
February 4, 2011
By DAVID JOLLY
At a round-table session in The Hague, environmental groups and business officials accused Shell of understating its responsibility for oil spills in the Niger Delta region.
January 27, 2011