With Democrats citing last year

The eight Arctic nations pledged Thursday to create international protocols to prevent and clean up offshore oil spills in areas of the region that are becoming increasingly accessible to exploration because of a changing climate.

The Arctic Council

The U.S.

Arctic nations agreed on Thursday to improve cooperation including on preventing oil spills as a thaw of ice and snow opens access to the remote region's rich mineral and petroleum resources.

The Arctic Council, comprising eight countries that surround the Arctic and representatives of indigenous Arctic peoples, signed a deal to split up search-and-rescue responsibilities as far as the North Po

Leaders of Arctic nations gather in Greenland this week to chart future cooperation as global warming sets off a race for oil, mineral, fishing and shipping opportunities in the world's fragile final frontier.

Secretary of State Hillary Clinton will join foreign ministers from seven other Arctic states in Greenland's tiny capital of Nuuk -- population 15,000 -- on Thursday for an Arctic Council

Cairn India-led Ravva JV is set to increase its production in Krishna-Godavari basin from 38,000 barrels of oil equivalent per day (BOEPD) to 54,000 BOPD after successfully drilling an offshore horizontal well, sources close to the development have said.

"Drilling commenced in Ravva field in January and three wells have already been completed...In addition to the successful horizontal well, the

With rising gasoline prices and skyrocketing oil company profits as a backdrop, the House approved a bill on Thursday to force the Obama administration to accelerate oil lease sales in the Gulf of Mexico and off the coast of Virginia.

The 266-to-149 vote, largely along party lines, was a skirmish in the larger battle between Republicans and Democrats to capitalize on consumer anger over the pri

The U.S. House of Representatives approved legislation on Thursday to force federal exploration lease sales off the Virginia coast and in the Gulf of Mexico that were canceled or delayed by the Obama administration following the BP oil spill.

The legislation, which was pushed by Republican lawmakers, has little chance of making it into law.

The Federation of Indian Mineral Industries (Fimi), the apex trade body for the mineral sector in India, has urged the government

The Senate may vote on bills this month to promote clean energy and small nuclear reactors, Senate Majority Leader Harry Reid said on Tuesday.

Congress and the White House are under pressure to fight soaring fuel costs, which are cutting into consumer spending and threatening an economic recovery.

Reid acknowledged the Senate was "way behind" in dealing with energy issues and said he wants t