The anti-corruption group Transparency International rated more than 40 energy companies on how much they disclose about where they get their revenue, how much they pay host governments and how they operate.
The survey gave low grades to Exxon Mobil but praised Shell and Petrobras.
Royal Dutch Shell PLC, Brazil’s Petrobras, Norway’s StatoilHydro ASA and Petro-Canada are [...]

Total SA plans to buy Synenco Energy Inc. for 478 million Canadian dollars ($472 million).
Synenco’s main asset is a 60 percent stake in the Northern Lights project. SinoCanada Petroleum Corp., a subsidiary of China-based Sinopec, owns the rest.
“The project is well advanced through the regulatory process, however significant new capital would be required to fund [...]

PetroChina Ltd. said first-quarter profit plunged 31.5 percent in large part because of government controls that bar it from passing on record crude-oil costs to consumers.
China’s biggest oil company said profit was 28.8 billion yuan ($4.1 billion) for the three months ending March 31. PetroChina is the publicly traded arm of government-owned China National Petroleum [...]

A new survey from Public Agenda and the publication Foreign Affairs finds U.S. dependence on foreign oil a top national security concern for Americans.
The sixth edition of the Confidence in Foreign Policy Index, which tracks attitudes on over 110 items related to foreign policy, shows about 60 percent of Americans think reducing energy dependence would [...]

Labor actions that cut crude supplies from the North Sea and Nigeria helped keep oil prices up around $120 a barrel. BP PLC on Sunday shut down the Forties Pipeline System that carries more than 700,000 barrels of oil a day to the U.K. because of a 48-hour walkout by employees in a pension dispute [...]

Gas prices hit $3.60 a gallon and oil futures rose to a new record as well, near $120 a barrel, as strikes overseas raises concerns about crude supplies.
Light, sweet crude for June delivery rose to a record $119.93 a barrel in electronic trading on the New York Mercantile Exchange overnight on concerns about supply disruptions [...]

Victory Energy Corporation announces that the Corporation has started drilling the tenth well in the Canyon Sandstone gas play located in the Texas Permian Basin.
The drilling contractor has moved the drilling rig onto well # 166-7 over the weekend after the crew finished plugging and abandoning their initial attempt to drill the tenth well [...]

Southern Star Energy Inc., is pleased to provide an update on the Company’s well the Rendall 7-2.
Southern Star Energy is pleased to announce continuing successful progress in its Sentell Field Development Program, Bossier Parish Louisiana. The Company has successfully completed two stages of very large volume, high rate “slick water” fracture treatments on its recently [...]

Cheniere Energy, Inc. today announced the opening of its Sabine Pass LNG receiving terminal and interconnecting Creole Trail Pipeline with an on-site ceremony in Cameron Parish, Louisiana.
“The opening of the Sabine Pass LNG terminal and pipeline represents a milestone event for the company,” said Charif Souki, chairman and CEO, Cheniere. “It is the culmination of [...]

Shares of U.S.-traded mining companies based in Latin America fell on Friday as gold prices retreated and the dollar gained value against some currencies.
Gold for June delivery fell $27.70 to settle at $915.20 an ounce on the New York Mercantile Exchange after earlier plunging to a two-week low of $907.30.
Meanwhile, the dollar moved higher against [...]