The top executive of Valero Energy received compensation valued at $10.9 million in 2009, representing a 64 percent increase from the prior year, according to an Associated Press calculation of figures disclosed in a regulatory filing by the nation's largest independent petroleum refinery.  permaLink:1268102000-5313

Offshore energy company gains after announcing latest divestiture plans.  permaLink:1268079000-3750

Offshore energy company gains after announcing plans to sell off its oil and gas business.  permaLink:1268073000-5625

Bankrupt petrochemicals firm LyondellBasell outlined a restructuring plan that it said was a better option than a $14.5 billion bid from Indian energy major Reliance Industries, court documents showed.  permaLink:1268072000-8047

Helix Energy Solutions Group Inc. on Monday said it was looking to divest its oil and gas business. (HLX) (DVR)  permaLink:1268064000-3594

HOUSTON----Contango Oil & Gas Company announced today that its wholly-owned subsidiary, Contango ORE Company , has agreed to invest up to $3.0 million to conduct mineral exploration activities on approximately 580,000 acres of Alaska Native and State of Alaska lands located in interior Alaska .  permaLink:1268057000-1133

Helix Energy Solutions announces that it is engaging financial advisors to assist the Company in evaluating the strategic alternatives available for a complete divestment of its oil and gas business.  permaLink:1268048000-7930

The oil and gas industry likes you to think that, compared to oil, gas is a cleaner, greener alternative a great bridging fuel between the hydrocarbon age and the renewable age. Compared to oil, this may be so if and it is a big if, the gas is normal conventional gas. However, as traditional...  permaLink:1268047000-0000

The oil and gas industry likes you to think that, compared to oil, gas is a cleaner, greener alternative a great bridging fuel between the hydrocarbon age and the renewable age. Compared to oil, this may be so if and it is a big if, the gas is normal conventional gas. However, as traditional...  permaLink:1268047000-9297

GE Oil amp Gas technology has again been selected to support the development of Gorgon one of the worlds largest untapped natural gas fields which also features one of the worlds largest ev  permaLink:1267985000-8594

Montana could be one step closer to gaining access to nearly 2,000 miles of oil pipeline expansion running from Canada to the Gulf Coast, access that could have a huge impact on Montana's oil industry.  permaLink:1267974000-3516

Australian production of crude oil during 2009 dropped to its lowest level in four decades according to a leading industry report. The report by energy economics group EnergyQuest shows that oi  permaLink:1267971000-1953

BP Plc Chief Executive Officer Tony Hayward received a 41 percent pay increase last year, after the company produced more oil and gas than Exxon Mobil Corp.  permaLink:1267950000-6484

The number of rigs actively exploring for oil and natural gas in the U.S. increased this week to 1,396. Houston-based Baker Hughes Inc.  permaLink:1267828000-9688

OMSA released the following statement in reaction to the administration plan to unveil new offshore oil and gas areas: As the association representing the owners  permaLink:1267818000-8047

GE Oil & Gas technology has again been selected to support the development of Gorgon, one of the world's largest untapped natural gas fields.  permaLink:1267816000-5000

Ironhorse Oil & Gas Inc. says it has successfully drilled, completed and placed on production each of its Saskatchewan and Alberta oil wells thereby increasing its net production by over 200 bbls of oil per day.  permaLink:1267816000-3281

Denver International Airport said Friday it has bought 27 oil and natural gas wells on its property for $5.5 million. (SU)  permaLink:1267806000-5000

BP Plc Chief Executive Officer Tony Hayward received a 41 percent pay increase last year, after the company produced more oil and gas than Exxon Mobil Corp.  permaLink:1267797000-9258