AP - Oil and gas drilling company Helmerich & Payne Inc. said Thursday it lost $36.7 million in its fiscal third quarter as it wrote off assets that the Venezuelan government took over.
AP - A federal judicial panel meeting in Idaho is considering where to consolidate more than 300 lawsuits filed in the Gulf of Mexico oil spill against BP and other companies.
AP - Texas environmental regulators have formally proposed beefing up regulations on oil and gas drilling, in an attempt to reduce air pollution caused when companies use new technology to extract natural gas trapped in deep shales.
AP - An energy company has received approval to open one of Utah's biggest natural-gas fields by agreeing to use new technology to drill under wild areas, instead of on top of them.
AP - Oil prices rose Thursday as better-than-expected earnings from ExxonMobil Corp., Southwest Airlines Co. and others bolstered hope for an improving economy.
AP - The government's point man for the Gulf spill met with coastal parish officials Thursday to talk about what's next now that the oil has stopped flowing.
AP - Federal officials believe an oil spill that has contaminated a major Michigan river was larger than first estimated, and the governor is warning of a "tragedy of historic proportions" should the oil reach Lake Michigan some 80 miles away, and the vacation communities that depend on it.
AFP - A Japanese shipping company maintained Thursday that one of its oil tankers was likely attacked in the Strait of Hormuz a day earlier, dismissing reports it might have been hit by a freak wave.
AP - Exxon Mobil Corp. said Thursday its second quarter income nearly doubled to $7.56 billion as oil prices increased from last year.
Reuters - Exxon Mobil and Royal Dutch Shell Plc (RDSa.L) reported strong growth in production on Thursday after years of largely falling output, helping to send second-quarter profits soaring.
AP - An expert on marine sciences and coastal circulation says it's unlikely oil from BP's massive spill in the Gulf of Mexico will reach the East Coast.
AP - In 1969, Sen. Gaylord Nelson was so moved after seeing the devastation of an oil spill off the California coast near Santa Barbara that he called for a national teach-in on the environment. The resulting "Earth Day" the following year kick-started the modern environmental movement and shaped the way Americans thought about their air, water and soil.
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