British treasury chief Alistair Darling urged the world's top finance officials on Saturday to reach an agreement on bearing the cost of fighting climate change before a UN summit on global warming next month. read more
NEW YORK (AP) -- Occidental Petroleum says it's producing more crude and making more money off of it in the third quarter even though profits slumped compared with last year when energy prices were at record highs. read more
(Houston Chronicle) - BP's third quarter profit dropped 34 percent, but the results beat analyst expectations and a top officer at the British oil giant said he is encouraged by improving global economic conditions that should help lift energy demand. read more