OIL SPILL

Chevron, the second-biggest U.S. oil company, and Transocean are facing a second civil lawsuit which doubles the amount they may have to pay for two oil leaks off the coast of Brazil.

Chevron (NYSE: CVX) and Transocean (NYSE: RIG) will soon know which Brazilian court will preside over a criminal trial stemming from a November 2011 oil spill.

Tests conducted to search for natural gas and oil may be to blame for the death of 180 dolphins since February 2010, according to the Bureau of Ocean Energy Management.

Shell is moving closer to the date when it can start drilling for oil in Arctic waters off Alaska. The company may soon get the Department of the Interior's approval and could begin operations by year's end.

The U.S. government has until Thursday to respond to BP's accusation that it is withholding information on the size of the Deepwater Horizon oil spill in 2010.

The Bureau of Ocean Energy Management, the U.S. authority issuing permits to drill for oil and gas, announced Monday it will be hosting a series of public meetings ahead of a new round of oil and natural gas development lease offerings in the Gulf of Mexico.

BP Plc has accused the U.S. government of withholding evidence that may show the 2010 Gulf of Mexico oil spill was smaller than federal officials claimed, a key issue in determining the oil company's liability.

The leak, which was detected over the weekend, has led to a cloud of explosive gas forming above the platform, forcing the evacuation of workers on nearby Shell installations.

Chevron Corp. (NYSE: CVX) the second largest U.S. oil company, will not be expelled from Brazil for pollution, a government official said.

Rick Santorum defeated Mitt Romney in the Lousiana presidential primary.

Chevron's offenses in the drilling of a well that caused an offshore oil spill in November did not amount to negligence, Brazil's oil regulator said Thursday.

While this is not the first post-Macondo deep water project -- the British supermajor has been working in Brazil and Angola - it is the first on home territory since the April 2010 disaster.

Stock index futures pointed to a lower opening on Wall Street on Thursday, with futures for the S&P 500 down 0.6 percent, Dow Jones futures down 0.57 percent and Nasdaq 100 futures down 0.58 percent at 1000 GMT.

A recent study has confirmed that toxic compounds derived from oil that was released in the Deepwater Horizon spill that occurred in the Gulf of Mexico nearly two years ago has entered the ocean's food chain through microorganisms.

Brazilian prosecutors filed criminal charges against Chevron (NYSE: CVX) and Transocean (NYSE: RIG) executives Wednesday for their role in a November offshore oil spill.

Chevron (NYSE: CVX) oil executives face criminal charges in Brazil after company drilling caused an oil spill in the South Atlantic.

New Zealand residents have been urged to spread their Marmite extra thin after news of an upcoming Marmageddon when the popular breakfast paste will no longer be available on shelves do to the closure of the iconic Kiwi brand's Christchurch factory in the wake of the 2011 earthquake.

Chevron officials announced Wednesday the company's most recent oil spill off the coast of Brazil is not linked to a previous oil leak in November.

Chevron, before a recent leak off Brazil, was blamed for spilling about 3,000 barrels of oil last November. The detention of the foreign executives raises questions about Brazil's willingness to pursue offshore drilling.

The American Petroleum Institute, the country's largest oil and natural gas trade group, blasted President Barack Obama's administration Tuesday for perceived failures in promoting domestic sources of energy.

The City of Gulf Shores, Ala., announced it has settled with British oil company BP for future losses incurred by the 2010 Gulf of Mexico.