Noble Energy will drill exploration wells off the coast of the Falkland Islands, the company announced Wednesday.

Noble Energy doubles down in Falkland Islands

The Houston-based oil company announced Monday that it has scooped up additional acres offshore the Falkland Islands and plans to start drilling there this year despite opposition from Argentina’s government.
Greenpeace activists approach the Blue Marlin before climbing aboard the heavy-lift vessel and camping out on the Polar Pioneer drilling rig. Shell has contracted the Polar Pioneer for a new round of Arctic drilling in the Chukchi Sea later this year. (Photo: Greenpeace)

Shell wins restraining order against Greenpeace

WASHINGTON — Hours after stormy weather forced Greenpeace activists to climb off an Arctic drilling rig in the middle of the Pacific Ocean, Shell won a temporary restraining order blocking the group from similar protests. The ruling, by U.S. District Judge Sharon Gleason, bars Greenpeace and its activists from boarding, barricading or interfering with the […]
(AP Photo/Diamond Offshore)

Houston oil company among five caught in legal battle over new U.K.-Argentina Falkland Islands fight

Argentina filed criminal charges Thursday at the general prosecutor’s office in Buenos Aires against five U.K. and U.S. oil companies.
Greenpeace activists scale the Polar Pioneer, a Transocean drilling rig contracted by Shell Oil Co. for Arctic exploration in summer 2015.  The activists climbed aboard the rig as a heavy-lift vessel, the Blue Marlin, is carrying it across the Pacific Ocean, en route to the United States.  (Photo: Greenpeace)

Shell files lawsuit against Arctic drilling protesters

The complaint, lodged in a federal district court in Alaska, comes one day after the activists climbed aboard Shell’s contracted Polar Pioneer drillship while it is traveling across the Pacific Ocean toward the United States.
(Dmitry Beliakov/Bloomberg News)

A pipeline developer is suing 103 West Virginia property owners to get access to their lands

Mountain Valley Pipeline LLC’s lawsuit seeks access to the properties to conduct a survey for a possible pipeline route.
A fireball goes up at the site of an oil train derailment in Casselton, N.D. (AP Photo/Bruce Crummy, File)

Engineer of oil tanker train sues BNSF for Casselton crash

The accident about 30 miles west of Fargo happened when a train carrying soybeans derailed in front of a BNSF oil train, causing that train to also derail and set off a fire that could be seen from nearly 10 miles away.
(AFP/Getty Images)

Petrobras investors claim PwC ignored red flags of fraud

Petrobras and its senior executives violated provisions of U.S. and Brazilian corporate law, according to a complaint in Manhattan federal court.
A sculpture of oil workers decorates a sidewalk in Caracas, Venezuela, Thursday, Oct. 23, 2014. (AP Photo/Ariana Cubillos)

A Houston oil company’s foiled Venezuelan sale is prompting reorganization talk

The company’s stock was down slightly less than a cent in trading Monday — 0.008 or 1.67 percent — to $0.448.
The Deepwater Horizon oil rig burns on April 21, 2010 after an explosion in the Gulf of Mexico. (AP file photo/Gerald Herbert)

BP says paying a fraction of oil spill bill could put its U.S. unit in trouble

Fines for the 2010 Deepwater Horizon disaster could reach as high as $13.7 billion against BP.
A sign tower reaches toward the sky at the entrance to Schlumberger's Sugar Land campus. (AP file photo/Pat Sullivan)

DOJ: Schlumberger violated Iran sanctions, will pay $232 million fine

The deal marks the end of a six-year federal probe into the company’s activities in two Middle Eastern countries, which found the U.S.-based subsidiary “took steps to disguise” its overseas dealings for several years.