Canadian Freight Train Catches Fire After Jumping Rails

A Canadian National Railway Co. (CNR) train carrying crude oil and propane derailed in the eastern province of New Brunswick and sparked a blaze that was still burning more than 12 hours after the accident.

China partners with U.S. oil firm in Egypt

China's Sinopec and Houston-based Apache announced a long-term partnership Thursday, continuing a trend of U.S. firms selling foreign assets to focus on the domestic oil boom.

Oil jumps as Syria conflict heats up

Oil prices rose roughly 3% Tuesday, as the U.S. government and its allies consider a military strike on Syria following the country's suspected use of chemical weapons.

BP Still Uncertain Over Spill Cost at Third Anniversary

BP Plc (BP/) faces the third anniversary of the 2010 oil spill in the Gulf of Mexico today with no sure knowledge of how much more it will have to pay government and private plaintiffs over the disaster.

BP Sells $1.1 Billion of U.K. Oil Assets to Abu Dhabi’s Taqa

BP Plc (BP/), the energy producer that’s disposing of assets in the wake of the 2010 Gulf of Mexico oil spill, sold stakes in North Sea fields to Abu Dhabi National Energy Co. (TAQA) for $1.1 billion.

BP Returns to Profitability and Raises Dividend

LONDON — BP returned to profitability with a better-than-expected third-quarter profit, prompting the oil giant to raise its dividend.

Oil futures mixed after surge on U.S. stock draw

NEW YORK (Reuters) - Oil futures turned mixed in late trading on Wednesday after leaping to three-month highs on U.S. government data showing a sharp drawdown in domestic crude stockpiles last week and amid worries about lower North Sea oil production.

First Solar-to-Vestas Wind Profit Crash Deters New CEOs: Energy

Feb. 13 (Bloomberg) -- Renewable energy companies are losing their allure with top executives after profits and stock prices collapsed across the industry, making it more difficult for boards to replace underperforming managers.