CHEVRON

Investors in the world's biggest oil companies are expected to look beyond the bumper profits the groups will announce next week on the back of higher oil prices, and seek clues on how the companies can maintain income growth as crude stabilizes.

A group of 35 progressive Democrats has asked the Joint Select Committee on Deficit Reduction Committee -- the super committee -- to end billions of dollars worth of tax subsidies for the fossil fuels industry.

All told, BP and its partners will invest nearly £10 billion ($15.7 billion) in North Sea oil and gas properties over the next five years.

Liberians queued peacefully in the rain on Tuesday for the West African state's second presidential election since its civil war, with incumbent Ellen Johnson-Sirleaf bidding for a second term.

Seated in the conference room of his wealth management firm in San Ramon, Calif., Rich Arzaga breaks out a few tools to explain the investment advantages of oil and gas drilling programs. He’s got a fine-point pen and a sketch pad — but alas, no milkshake a la Daniel Day-Lewis in “There Will Be Blood.”

Chevron Corp will unveil on Monday a solar oilfield project that has been hit by cost overruns and delays but serves as a showcase for the technology of Chevron-backed solar thermal company BrightSource Energy.

New York appeals court has lifted a ban on the $18bn judgment against the oil giant, Chevron for environment damage in Ecuador.

A U.S. appeals court reversed an order freezing enforcement outside of Ecuador of an $18 billion damages award against Chevron Corp over pollution in the Amazonian rain forest.

Missoni for Target was a red-hot hit at launch this week, but the Italian designer's special collection for the retailer has left some customers confused while reseller Internet sites like eBay have experienced a boom.

While most Target stores nationwide are sold out of the retailer's red hot Missoni for Target collection items, eBay has exploded with products for resale.

Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 1 percent, Dow Jones futures up 0.79 percent and Nasdaq 100 futures up 0.97 percent at 0900 GMT (5 a.m. ET).

Chevron Corp has made a deepwater discovery in the Gulf of Mexico at the Moccasin prospect, the site of the first exploratory well permit after the end of last year's deepwater moratorium.

Whether Hurricane Katia will have any impact on the United States is still uncertain, but forecasters are keeping a watchful eye on a new tropical threat in the Gulf of Mexico.

Exxon Mobil Corp and Rosneft on Monday announced a deal to extract oil and gas from the Russian Arctic, marking a significant milestone in Russia's patchy history with foreign corporate investors.

Exxon Mobil and Rosneft, Russia's top crude oil producer, announced a strategic agreement on Tuesday to jointly develop oil in the Russian Artic.

Australia-based Allied Gold Mining plc said Wednesday it is not concerned about possible changes to legislation in Papua New Guinea regarding resource extraction.

A federal panel sketched out its first vision of a regulatory roadmap for the booming shale natural gas industry on Thursday, urging more transparency on the use of chemicals and more careful treatment of waste water.

Market capitalization, also called market cap, means the total dollar market value of a company's all outstanding shares. It represents the aggregate value of a company or stock.

Chevron Corp, the second-largest U.S. oil company, booked a 43 percent jump in quarterly profit, beating estimates as high oil prices and fat refinery margins offset weaker output.

Chevron Corp, the second-largest U.S. oil company, reported a 43 percent jump in quarterly profit on Friday, beating Wall Street forecasts as high oil prices and fat refinery margins offset a drop in its oil output.

Time Inc.'s Fortune magazine released its annual Fortune Global 500 list, which is a ranking of the top 500 corporations worldwide as measured by revenue. Start slideshow to view a gallery of the top 10 biggest companies in the US.