BP To Sell Part Of Its Gulf Of Mexico Stake To ChevronBP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together.
NY Judge Refuses To Halt $18B Collection From ChevronCourts in Ecuador have ordered Chevron to pay the steep penalty for pollution that occurred when Texaco was operating in the forest, between 1972 and 1990.
Schumer Demands Probe Of Oil Refiners' ProfitsNew York's Senator Charles Schumer wants to know why New York gas prices are still so high, saying he suspects prices are being artificially inflated.