New Year's Eve has finally arrived in Westport. If you and your family are heading out to the Westport/Weston First Night, here's a schedule of events planned for the day and night.

Spanish energy firm Repsol YPF SA said Thursday that it spent $230 million to acquire Russian oil company Eurotek, which holds exploration and production permits in Western Siberia.

The big stock winners this year in the S&P 500 included two key players in the natural gas business, Cabot Oil & Gas and El Paso.

An oil exploration deal between U.S. oil giant Exxon Mobil and Iraq's autonomous Kurdish region is fueling political tensions in a country where a post-U.S.-troop withdrawal spike in violence and political turmoil is clouding the climate for foreign investments sorely needed by Iraq.

Gullfaks is not just an oil field, but also an important symbol for the whole of Norway as an oil producing nation.

The Obama administration confirmed last week that if forced by Congress to quickly decide the fate of the proposed Keystone XL oil pipeline from western Canada to the Gulf Coast, it would probably kill the project.

Fuel supplies in the U.S. Northeast will be hard hit by the shutdown of 50 per cent of the region's refining capacity, especially as the Northeast moves toward new lower sulfur fuel standards, the U.S. Energy Information Administration said in a report on Friday.

They may have been forced out of their church by fire, but that hasn't deterred Randy Christophersen and other Saugatuck Congregational Church volunteers from carrying on with the church's annual Community Christmas Feast.

A worker at West Qurna 1 oil field in southern Iraq. Exxon Mobil wants $50 million for work to improve the oil field, which will help Iraq get on its feet financially.

Libya has agreed to supply four major European trading houses with crude oil in 2012, a senior National Oil Corporation source told Reuters on Wednesday, appearing to break from a policy of restricting sales to end-users. Glencore was awarded the largest share among Europe's trading majors, and will lift three cargoes of Libya's prized sweet oil ... (more)

John Richels, president and CEO of Devon Energy Corp. says there is an opportunity for Canada to take advantage of the unprecedented awareness and curiosity about its oil sands deposits stoked by the national debate over the Keystone XL pipeline.

Three customers were still without water Monday morning after crews responding to two water main breaks Saturday morning in San Pablo found a ConocoPhillips pipeline near the damaged mains, an East Bay Municipal Utility District spokesman said.