The Deepwater Horizon claims office that BP has painted as the source of hundreds of millions in unjust and fictitious payments actually has dispersed damage awards with a 99.5 percent accuracy rate, according to an audit released in court papers Tuesday. More »
Crews are expected to begin work this week on the Brazoria County natural gas export terminal now that Freeport LNG has successfully closed on its financing commitments for two of three liquefaction trains. More »
The delay, announced Friday by the U.S. Environmental Protection Agency, follows months of fighting between refiners and ethanol producers over a proposal by the agency to lower the quotas for ethanol, biodiesel and cellulosic fuels. More »
The fatal explosion came nearly six months after federal drilling regulators warned that the facility had failed to maintain all equipment in a safe condition so as to ensure the protection of the lease and associated facilities. More »
Apache will cut its North American spending from $5.4 billion to $4 billion, the company told analysts at a presentation in New York, but it said it will be able to spend that money more efficiently. More »
Apache Corp. has agreed to sell assets in Texas, Oklahoma and Louisiana in two deals worth $1.4 billion, the exploration and production company announced Thursday morning ahead of a presentation to analysts. More »
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