(Nabors photo)

Nabors shareholders OK executive pay after overhaul

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Investors have given Nabors Industries its first symbolic nod of approval on its executive compensation, a sign the land driller’s efforts to rein in large paydays have paid off.
President Barack Obama speaks at Everglades National Park to call attention to climate change on Wednesday, April 22, 2015 near Homestead, Fla. (Michael Laughlin/Sun Sentinel/TNS)

Appeals court tosses suits challenging Obama climate change plan

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The ruling from the U.S. Court of Appeals for the District of Columbia Circuit is a temporary setback to opponents of the plan who are expected to renew their legal attack once the regulation is finalized later this year.
This July 8, 2013 file photo provided by Surete du Quebec, shows debris from a runaway train in Lac-Megantic, Quebec, Canada. (AP Photo/Surete du Quebec, The Canadian Press,File)

Oil train disaster settlement fund reaches $345 million

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Much of downtown Lac Megantic was destroyed after the unattended Montreal, Maine & Atlantic train with 72 oil tankers derailed July 6, 2013, in Canada.
(Cody Duty / Houston Chronicle)

Steelworkers, Marathon Petroleum reach tentative deal for Texas City refinery

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The pact, if approved by the union members, would mark the end of a nationwide walkout that at its height affected 15 refineries, chemical plants and other locations.
(Spencer Platt/Getty Images)

U.S. shale production set to fall again in July, EIA says

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Daily oil production at the nation’s six biggest shale plays is set to slip by 91,000 barrels from June to July, the Energy Information Administration says.
Iran's supreme leader, Ayatollah Ali
Khamenei (Bloomberg News/ILNA/document IRAN)

UN, Iran head for showdown over nuclear inspections

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Tehran is now negotiating a deal with six world powers that puts long-term caps on its present nuclear activities. The International Atomic Energy Agency, led by Yukiya Amano, will monitor Iran’s compliance with the deal.
(AP Photo/Oded Balilty, File)

G-7 calls for zero fossil-fuel emissions by end of 21st century

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The Group of Seven is pushing to “decarbonize,” meaning any polluting gases from burning oil, gas or coal must be canceled out by carbon-capture or other technologies by 2100.
Deepwater Horizon

Midnight deadline approaches for oil spill settlement claims

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Claims administrator Patrick Juneau says there has been an uptick in the number of filings as the deadline approached. He said claims centers in Florida, Mississippi, Alabama, Louisiana and Texas will be open until midnight to handle claims.
Abdalla El-Badri, general secretary of the OPEC (Photo: Chris Ratcliffe/Bloomberg)

OPEC ministers threw support behind market share strategy with silence

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About the only surprise to come from OPEC’s decision on June 5 to leave oil output unchanged was that everyone got along.
(Mayra Beltran / Houston Chronicle)

Exxon to get federal money for WWII-related cleanup

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Exxon Mobil Corp. will get help from the U.S. government in paying for clean up costs at two refineries that produced billions of gallons of aviation fuel for allied forces during World War II and the Korean War.