AU Pushes for Sudan Talks
The African Union has mounted pressure on oil-producing Sudan and South Sudan as it seeks to bring the two back to the negotiating table amid hostilities along their oil-rich border. More »
At Summit, a Struggle for Consensus
Leaders of the Group of Eight major economies struggled to agree on next steps to calm Europe’s debt crisis, with consensus coming more easily on ways to cushion the world from an Iranian oil embargo. More »
Chesapeake Cuts Pay, Travel for Board
Chesapeake Energy said board members will take a 20% pay cut and no longer have personal use of company aircraft, the latest move by the embattled natural-gas company to placate critics. More »
Seaway Oil Pipeline Starts First Flow
Enterprise Products Partners and Enbridge said Saturday that the Seaway pipeline has started to accept crude oil at the Cushing, Okla. storage hub for delivery to the U.S. Gulf Coast. More »
Seaway Crude Oil Pipeline Starts First Flow
Enterprise Products Partners and Enbridge said Saturday that the Seaway pipeline has started to accept crude oil at the Cushing, Okla. storage hub for delivery to the U.S. Gulf Coast. More »
G-8 Leaders to Discuss Economic Woes
Leaders of the world’s eight richest economies gathered in Camp David, Md., Saturday to discuss how to deal with the European debt crisis amid fresh concerns that it could spark widespread financial turmoil. More »
Chesapeake Cuts Pay, Jet Travel for Board
Chesapeake Energy said board members will take a 20% pay cut and no longer have personal use of company aircraft, the latest move by the embattled natural-gas company to placate critics. More »
Europe Enters a Greek Standoff With Oil Price
Oil’s pullback offers some relief on inflation. But if it comes thanks to a collapse in confidence centered on the euro zone, that will be a pyrrhic victory at best. More »
Budget Crisis Sparks Fight Among Unions
The ranks of Connecticut’s public-sector unions are being roiled by a labor brawl amid lingering anger over billions of dollars in concessions made during last year’s state budget crisis. More »
Repsol: Exploratory Well Off Cuba Not Successful
Spanish oil company Repsol said an exploratory well in Cuban waters wasn’t successful and will be capped. More »
Chesapeake Cuts Board Compensation
Chesapeake Energy is cutting total compensation for its board members by 20%, the latest move by the natural-gas company to quell criticism over its corporate governance. More »
Natural-Gas Prices Rally 5.7%
Natural-gas prices jumped 5.7%, settling at their highest level in five months. Forecasts of warmer-than-normal temperatures are expected to heat up demand for the fuel. More »
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