Rosneft says Arctic well drilled with Exxon struck oil

Russia`s state-owned Rosneft said Saturday it had found oil in the Kara Sea off the north coast of Siberia in a joint drilling project with US oil giant ExxonMobil.

Google becomes number two in market value

Google overtook US oil giant ExxonMobil on Monday to become the world`s number two company when rated by market value, behind its high-tech rival Apple.

Study unmasks forces behind climate change denial effort

A new study has exposed the organizational underpinnings and funding behind the "powerful" climate change countermovement.

Sonar mapping for oil killed Madagascar whales: Study

A noisy technology that blasts high-frequency sounds below water to map the ocean for oil probably caused the deaths of 75 melon-headed whales off Madagascar, experts have said.

Apple beats Exxon to become most valuable company

A day after Apple posted historic quarterly profits, the technology giant surpassed oil major ExxonMobil to briefly become the most valuable company in the world when its market value touched USD 419 billion.

ExxonMobil to buy XTO Energy for $41 bln

ExxonMobil has agreed to acquire rival oil exploration firm XTO Energy, in an all-stock transaction valued at 41 billion dollars, the companies said Monday.

Australia inks huge energy deal with China

Australia touted itself as a "global energy superpower" after shrugging off diplomatic tensions with China to sign a record 41.3 billion US dollar resources deal.