Business - Energy & Oil Industry

HOUSTON - Oil services company BJ Services Co. said Monday it posted a fiscal fourth-quarter loss as drilling plunged. Full Story »

NEW YORK - Anadarko Petroleum Corp. on Monday said success from an exploration well drilled offshore Brazil signals better potential for an area that could become the company's "next mega project." Full Story »

NEW YORK - Shares of Newfield Exploration Co. could gain from increasing exposure to oil resources, an analyst said Monday as he upgraded the stock. Full Story »

NIAGARA FALLS, N.Y. - A newly reopened Niagara Falls manufacturing plant will use hydropower to make products for the solar industry. Full Story »

SHANGHAI - Praxair Inc.'s Chinese unit has signed a multiyear agreement to sell gases that MAGI Solar Energy Technology Co. will use to make solar cells and modules, Praxair announced Monday. Full Story »

GENEVA - Greenhouse gases in the Earth's atmosphere reached record highs in 2008, with carbon dioxide levels increasing faster than previously, the U.N. weather agency said Monday. Full Story »

A glance at the Birdbear, an oil-bearing formation geologists say could expand horizontal drilling in North Dakota. Full Story »

BISMARCK, N.D. - A crude-bearing cache known as the Birdbear, beneath North Dakota's already booming oil patch, can be tapped using new technology that would expand horizontal drilling to parts of the state that have never seen it, geologists believe. Full Story »

LONDON - British oil exploration company Heritage Oil PLC said Monday it has agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up to $1.5 billion. Full Story »

ARTOIS, Calif. - An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession as old as civilization: olive production for the extra virgin market. Full Story »

VIENNA (AFP) - Austria has begun talks with Russia in view of joining Moscow's South Stream gas pipeline project, Austrian newspapers reported on Saturday. Full Story »

DIMOCK, Pa. - Pat Farnelli says there's something in the water at her house. The last time she drank it, she says she vomited four times. It's made her children sick, too. Full Story »

CHARLESTON, W.Va. - West Virginia's Public Service Commission has approved a 5 percent rate increase for Hope Gas Inc. Full Story »

TORONTO (Reuters) - Toronto's main stock index fell on Friday as weaker oil prices, caused partly by a stronger U.S. dollar, weighed on resource issues, including Suncor Energy Inc. Full Story »

NEW YORK - Marathon Oil will cut capital expenditures by about $1 billion in 2010, the company said Thursday, with a larger percentage of funds going toward exploration and production and a smaller percentage toward its hard-hit refining business. Full Story »

SAN FRANCISCO - Shares of Chinese solar energy company Suntech Power Holdings Co. Ltd. closed up 6 percent Thursday as the company signaled improving demand despite a drop in quarterly earnings. Full Story »

INDIANAPOLIS - Indiana has won a $4 million federal grant to lead an effort with Michigan and Ohio to help laid-off autoworkers find jobs in the renewable-energy industry and related occupations. Full Story »

SAN FRANCISCO - State inspectors say an oil spill that sent hundreds of gallons of bunker oil into San Francisco Bay was caused by a fuel tank that overflowed during a morning refueling stop. Full Story »