U.S. Court Upholds Ruling in BP Oil spill Case

BP is faced with billions of dollars in payments for claims the company says are 'fictitious' after an appeals court rejected its bid to revisit the case

Report: US Oil Dominance a Flash in the Pan

The International Energy Agency says North America’s shale boom doesn’t diminish the supremacy of the Middle East in the global oil market

Brazilian Oil Workers Go On Strike

(RIO DE JANEIRO) — Workers of Brazil's state-run oil company Petrobras have gone on a nationwide strike protesting next week's scheduled auction of a huge...