US seizes oil tanker off coast of Venezuela, officials say

By Idrees Ali and Phil Stewart WASHINGTON, Dec 10 (Reuters) - The U.S. has seized an oil tanker off the coast of Venezuela, three officials told Reuters on Wednesday, a move that raised oil prices and ...

First of 30 oil lease sales planned for Gulf of Mexico draws US$279 million

Oil companies offered US$279 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S. fossil fuel ...