Iraq Oil Explorers Evacuate More Staff After Islamist Surge

Oil explorers in Kurdistan halted operations and evacuated more staff as Islamist militants advanced into northern Iraq.

Cabot Oil & Gas leads energy stocks higher

SAN FRANCISCO (MarketWatch) — Energy stocks rose on Thursday, with Cabot Oil & Gas Corp. taking the lead after the exploration and production company said it sees production growth of up to 50% next year.

Report: Chevron El Segundo refinery pipes corroded

SAN FRANCISCO (AP) -- Tests of pipe samples from Chevron Corp.'s El Segundo refinery found corrosion to an extent similar to the pipe that failed and caused a large fire at the company's Richmond facility, a report released Thursday found.