AP - BP says it has picked a charitable foundation in Louisiana to administer a $100 million fund for oil workers struggling because of a federal moratorium on deepwater drilling. more >>
Reuters - Chevron Corp, the second-largest U.S. oil company, reported a three-fold jump in quarterly profit, beating expectations as refinery margins fattened. more >>
AP - French oil company Total SA said Friday its second-quarter profit jumped 43 percent thanks to rising production and improving refinery activity after a rough 2009, and said it is reviewing drilling and accident policies after the BP spill. more >>
Reuters - The Senate plans to hold a procedural vote next Wednesday to test whether there is enough support to pass legislation clamping down on offshore oil drilling procedures and expanding alternative energy, a Democratic aide said on Thursday. more >>
AP - Partisan disagreements in the Senate will delay passage of legislation responding to the Gulf oil spill until at least September, when Congress returns from its summer recess. more >>
AP - Hornbeck Offshore Services Inc., which provides water transportation for the petroleum industry, is prepared to move to wherever rigs go if the deepwater drilling moratorium in the Gulf of Mexico drives away business, the company's CEO said Thursday. more >>
AP - A group of people who own mineral rights in eastern Wyoming say they're planning to sell those rights to oil developers in a public auction. more >>
