US mortgage rules tightened

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The US consumer regulator will unveil new rules for how financial groups must treat borrowers with home mortgages
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Wall St banks put brake on bonuses

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Bank cuts pay by 11% and profits almost triple to $2.8bn in the fourth quarter, while separately JPMorgan reported net income up sharply from last year
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(Flickr/SalFalko)

Citgo to settle in gas additive lawsuit

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Citgo Petroleum Corp. and New Hampshire agreed to sever the company from an $816 million trial over groundwater contamination while a settlement is completed.
Rail is growing as a competitor to pipelines in transporting the nation's growing crude supply. (Nick De La Torre / Houston Chronicle)

Enbridge losing business to railroads, refiner says

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Enbridge Inc.’s North Dakota pipeline system has been underused for the past three months as railroads move more oil out of the Bakken shale play, a refining company told U.S. regulators.
Categories: Pipelines

Ebay details mobile retail payments push

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For the full year the volume of mobile sales doubled to $13bn compared to 2011, while mobile payment volume on PayPal tripled to $14bn
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CVR Energy was named to the Chronicle 100 list of leading companies. CVR s Coffeyville operations, both the refinery and the fertilizer plant.  (Houston Chronicle)

CVR Refining raises $600M in IPO

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CVR Refining LP, the U.S. oil refiner controlled by billionaire investor Carl Icahn, raised $600 million in its initial public offering after pricing an increased number of units at the midpoint of the price range.
Categories: Refining
Kinder Morgan reported fourth-quarter profits were up, thanks to the country's surging energy production. (photo Kinder Morgan)

Kinder Morgan reports rise in fourth-quarter profits

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Kinder Morgan Energy Partners reported Wednesday that fourth-quarter profits were up sharply as the company expands to meet the transportation needs of the country’s growing energy production operations.

HP rebuffs acquisition inquiries

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Tech group is said to have responded with a firm ‘no’ to inquiries about whether the two Autonomy and Services businesses are for sale
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Militants seize gas workers in Algeria

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Alleged Islamist militants attack a natural gas facility jointly operated by BP and Statoil in country’s southeast and kidnap nine foreigners
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Stocks struggle for momentum

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A negative handover from Asia and Europe saw Wall Street open lower, though losses have been pared as Apple shares rebound.
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