U.S. Sen. Pete Domenici, a key lawmaker on energy issues, said the Senate is likely to follow the lead of the House of Representatives and pass legislation this month to allow more drilling for oil and natural gas in federal waters.
“I remain optimistic … that we can pass a bill in the Senate in July,” [...]

You don’t have to live in the city to get the services of City Service Valcon, which markets and distributes petroleum products throughout the Inland Northwest and Rocky Mountain regions of the US, as well as in the adjacent Plains states. Its products include gasoline, diesel, aviation fuels, lubricants, propane, and heating oil. The company [...]

Many farmers appreciate MFA Oil. The energy cooperative, controlled by its farmer-members, produces fuel and lubrication products and manages bulk petroleum and propane plants in the Central US. Operating 120 propane plants, the company sells more propane for farm use and home heating than any other company in Missouri. It also operates 120 bulk plants [...]

By barge, by pipeline, by tank truck, by George; George E. Warren is a major private wholesale distributor of petroleum in the eastern US. Founded in Boston by George E. Warren in 1907 as a coal and oil distributor, it moved to Florida in the early 1990s. The company distributes product mostly by barge and [...]

Formed by the merger of Conoco and Phillips Petroleum, ConocoPhillips is the #3 integrated oil and gas company in the US, behind Exxon Mobil and Chevron; but that could all change following the acquisition of Burlington Resources (for a reported $35 billion) in 2006. The expanded company explores for oil and gas in more than [...]

Center Oil’s core business is peddling petroleum. The company is one of the largest private wholesale distributors of gasoline and other petroleum products to customers primarily in the eastern region of the US. Center Oil owns nine storage terminals capable of storing more than 1.5 million barrels of petroleum product. It also has access to [...]

BP is also BO (Big Oil). It is the world’s second largest integrated oil concern, behind Exxon Mobil. The company, which was formed in 1998 from the merger of British Petroleum and Amoco, grew by buying Atlantic Richfield Company. BP has proved reserves of 18.3 billion barrels of oil equivalent, including large holdings in Alaska. [...]

You might say that American Agip is as slick as a whistle. Formed in 1987, the subsidiary of Italian energy heavyweight Eni operates three major petrochemical businesses: the manufacturing and marketing of lubricants; the marketing and trading of MTBE and methanol; and the trading of refined petroleum products. American Agip supplies more than 11,000 bulk [...]

Lexington Resources, Inc.’s (OTC Bulletin Board: LXRS; Frankfurt, Berlin: LXR) (the “Company”), announces the following with respect to drilling project interests in progress:
Oklahoma
New Well interest - Gates 2-19 horizontal Coal Bed Methane (”CBM”) well: Following from the successful Gates 1-19 horizontal coal bed methane (”CBM”) gas well recently completed by Orion Exploration, LLC, the Company [...]

Emboldened by high oil prices, South American countries are leading the way, but are not alone, among those seeking more cash and control from multinationals that drill in their oil and gas fields.
Consumers fear this resurgence of “resource nationalism” will slow investment, tighten supplies and keep oil prices at record highs.
But some analysts say with [...]