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Obama nominates Jeremy Stein and Jerome Powell to take seats at the Federal Reserve. (Reuters) New York Times (NYSE: NYT)…
When Iraq began offering leases to its vast oil deposits a couple of years ago, there weren’t a lot of…
In September 2010, BP plc (NYSE: BP) fired 320 workers at its solar panel-making operation in Maryland because it could…
A small leak in a line feeding drilling fluid to a well owned and operated by Royal Dutch Shell (NYSE:…
The government of Brazil is asking Chevron Corp. (NYSE: CVX) to stop its drilling program offshore of Brazil following a…
US regulators issued five new safety violations to BP plc (NYSE: BP) The actions were in reaction to the Deepwater Horizon…
Producing oil from the vast deposits of the Middle East is getting more expensive. A lot more expensive. Big oil…
The board of Olympus may resign by late February. (Reuters) China says its annual rate of growth slowed between October…
Eurozone on notice. The situation in Europe, so promising just days ago, took a sharp turn for the worse. S&P…
S&P’s threat of a downgrade of eurozone nations puts huge pressure on the region’s leaders. (Reuters) An independent panel that…
BP (NYSE: BP) claims that partner Halliburtong (NYSE: HAL) hide evidence about its role in the Deepwater Horizon incident. Each company…
BP plc (NYSE: BP) said high oil prices could cap a worldwide financial recovery. “It is important in the current…
Angela Merkel said the debt solution for the region would be a marathon. French president Sarkozy worried that the eurozone…
As the price differential between WTI and Brent crude oil continues to narrow, with WTI rising and Brent falling, big oil companies…
The announcement from Enbridge Inc. (NYSE: ENB) that it would acquire the 50% stake in the Seaway pipeline system owned…
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