U.S. Department of energy scientists say they've started tracking carbon dioxide movement nearly 2 miles underground at the Cranfield, Miss., oilfield.

Progress energy expects electricity rates to jump 31 percent in Florida next year, offering a glimpse of where the utility's rates could be headed in North Carolina.

The number of rigs actively exploring for oil and natural gas in the United States rose by 33 this week to 2,031. Houston-based Baker Hughes Inc.

If Democrats hoped to paint Republican John McCain a pawn of Big Oil, their task has become a bit more complicated with the selection of Alaska Gov. Sarah Palin as his running mate.While an ardent advocate for more drilling _ off Alaska, off the Atlantic and Pacific coasts and in the off-limits Arctic National Wildlife Refuge _ Palin also has shown she's not shy about confronting the likes of Exxon Mobil, BP and ConocoPhillips.As the presidential campaign moves into high gear in the coming weeks, McCain and Democratic nominee Barack Obama will duel over two overriding energy issues: whether to expand offshore oil drilling into areas long off-limits and whether to impose new taxes on the biggest, wealthiest oil companies enjoying tens of billions of dollars in windfall profits.

HOUSTON - Oil companies and drilling contractors on Thursday accelerated the evacuation of thousands of workers and secured offshore rigs and other equipment in the Gulf of Mexico as Tropical Storm Gustav ...