West beams security focus on Gulf of Guinea oil

Western experts worried about the security of oil supplies from Africa's Gulf of Guinea have considered several doomsday scenarios, including suicide attacks by determined Islamist militants on offshore oil platforms.

But many analysts say domestic unrest is by far the bigger threat to a region whose oil is growing in strategic importance to the West because of increasing volatility in the Middle East.

A road map to a Britain without fossil fuels

The first comprehensive account of the measures needed to ensure Britain does its bit to avoid dangerous climate change is published today with a warning that failure to act now will only require more drastic action at a later date.

BP finds leak at Texas City refinery cracker tower

The refinery, where 15 people died in a blast last year, is in the process of restarting following shutdown ahead of Hurricane Rita last September.

EnCana eyes U.S. refinery for oil sands crude

Shell Canada shares fall close to 52-week low after refinery leak

Hydrogen sulphide, or sour gas, started leaking from a valve in a hydrogen cracking unit at the plant in mid morning Tuesday, forcing the evacuation of about 1,400 workers from the refinery and surrounding chemical plants. There were no injuries.

Ten oil companies may renegotiate drill leases: U.S.

The U.S. Interior Department told Congress on Thursday that about 10 oil companies have shown an interest in renegotiating drilling leases that at present would allow the companies to avoid paying billions of dollars in royalties normally owed on oil and natural gas found in the Gulf of Mexico.

The department mistakenly left out language in drilling contracts signed with energy companies in 1998 and 1999 that would have ended a waiver of royalties when oil and natural gas prices were at certain high levels.

GM vice chairman wants mass produced hydrogen cars by 2011

Ford slashes 10,000 more jobs, 2 plants

"The simple fact is that the business model that served us in North America for decades no longer works," Mark Fields, Ford's president of the Americas, said during a morning teleconference.

Toyota shifts to small cars in U.S.

Honda achieves breakthrough in technology to produce ethanol from cellulosic biomass

China Aims to Triple Fuel Ethanol Output By 2010

Biodiesel to drive up the price of cooking oil

OPEC: Oil demand weaker than expected in first half of 2006

Arctic ice melting rapidly, study says