Oil rises on Iraq conflict, upbeat China data

The price of oil rose Monday, with global crude hovering near a nine-month high, after Islamic militants captured more territory in Iraq and a report on Chinese manufacturing indicated that the No. 2 economy is on the mend.  More »

Oil drilling threatens solitude of national park

Oil development is strictly forbidden within Theodore Roosevelt National Park itself, but park officials worry that the flares, lights and noise from drilling just beyond the protected area are sullying the natural spaces cherished by Roosevelt as a bespectacled young man in his mid-20s.  More »

France agrees to buy 20% stake in Alstom

The final obstacle to GE’s $17 billion takeover of Alstom’s power division was overcome Sunday after the French government agreed to terms with the French engineering company’s main shareholder.  More »

Colorado GOP gubernatorial candidates discuss fracking

The four Republican gubernatorial contenders in Colorado’s Tuesday primary answer questions about what they’d do if elected. Here, they talk about how fracking. Each responded in writing. Answers were edited for space reasons  More »

Oil prices end week with a slight gain

A battle for control of Iraq’s biggest refinery remained undecided.  More »

California city pursues gas-pump warning labels

The San Francisco Bay Area city of Berkeley is moving forward with plans to put climate-change warning labels on gas pumps in what could be the first such requirement of its kind in the nation.  More »

Nigerian fishermen reject Shell’s $50 million

Shell already accepts responsibility for paying compensation and cleaning up spills caused by its own failures.  More »

Oil companies sued for MTBE pollution in Pennsylvania

The companies’ conduct was “wanton, malicious, oppressive and fraudulent,” the lawsuit said, and they “fraudulently, deceptively and unfairly” marketed MTBE as safe for the environment.  More »

Oil gains as Iraq violence weighs on supply fears

The price of U.S. benchmark crude for July delivery rose 46 cents to $106.43 per barrel.  More »

Militants fly their black flags over Iraq refinery

Sunni militants hung their black banners on watchtowers at Iraq’s largest oil refinery, a witness said Thursday, suggesting insurgents have ever-increasing stranglehold on the vital facility.  More »

Prosecutors get time to decide on retrial for former BP engineer

The judge ruled last week that Kurt Mix was entitled to a new trial on an obstruction-of-justice charge because of juror misconduct in his 2013 trial.  More »

Turmoil in Iraq is pushing up US gasoline prices

Violence in Iraq is pushing U.S. gasoline prices higher, depriving drivers of the usual price break between Memorial Day and July Fourth.  More »
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