BHP Chief Executive Officer Andrew Mackenzie speaks during a news conference in Sydney, Australia. (Ian Waldie/Bloomberg)

BHP Billiton to pay $25 million to settle SEC’s FCPA allegations

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BHP Billiton Ltd. will pay $25 million to settle U.S. Securities and Exchange Commission claims that it violated the Foreign Corrupt Practices Act when it sponsored the attendance of foreign government officials at the 2008 Summer Olympic Games in Beijing.
In this photo provided by the Santa Barbara County Fire Department people walk on a beach with an oil slick from a broken pipeline off the central California coast near Santa Barbara on Tuesday, May 19. (Mike Eliason/Santa Barbara County Fire Department via AP)

4-mile oil slick lines California coast after pipeline spill

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Initial estimates put the spill at about 21,000 gallons Tuesday, but that figure would likely change after a Wednesday morning flyover gave a better sense of the spill’s scope, U.S. Coast Guard spokeswoman Jennifer Williams said.
Petrol Prices At U.K. Gas Stations As Price Of Oil Continues To Fall

One place in the U.S. where gas is still expensive

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Drivers on the East Coast, hooked up by pipelines to a bounty of supply from Texas and Louisiana refineries, are paying a record 88 cents a gallon less than their western counterparts, weekly Energy Information Administration data show.
(Kristian Helgesen/Bloomberg)

Norway’s prime minister relieved as nation avoids crisis of sub-$45 crude

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Brent crude, the lifeblood for a nation that depends on petroleum for about 20 percent of its economic output, has rallied more than 40 percent since a Jan. 13 low of about $45.
A United Steelworkers Union member pickets outside Marathon Petroleum Company's Galveston Bay Refining Division on Tuesday, March 3, 2015, in Texas City. ( Mayra Beltran / Houston Chronicle )

Fuel company settles claims over air emissions in 3 states

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The federal government said Marathon failed to comply with some fuel quality emissions standards along with record keeping, sampling and testing requirements.
Brazil's President Dilma Rousseff (L) shakes hands with workers of Brazilian state-run oil giant Petrobras at Petrobras's shipyards in Rio de Janeiro, on September 11, 2013. (VANDERLEI ALMEIDA/AFP/Getty Images)

China throws multi-billion dollar lifeline to scandal-plagued Petrobras

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Deals signed during the visit of Premier Li Keqiang coincide with Brazilian President Dilma Rousseff’s efforts to kick-start an economy that is forecast to contract 1.2 percent this year, its worst performance in a quarter-century.
In this Wednesday, May 13, 2015 photo, Henry Plange, a power generation engineer, checks temperatures of solar panels at the Space Coast Next Generation Solar Center, in Merritt Island, Fla. Industry experts rank Florida third in the nation in rooftop solar energy potential but 13th in the amount of solar energy generated. (AP Photo/John Raoux)

‘Sunshine State’ or not, Florida badly behind on solar power

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The state’s rules favoring utilities have made unlikely allies of groups like the Sierra Club and the tea party, who view the lack of consumer choice as harmful to the environment and an infringement on personal freedom.
Categories: Electricity, Solar
Workers at the Weatherford rod-pump manufacturing plant prepare to move parts into the plant Thursday, June 26, 2014, in Katy. (Brett Coomer/Houston Chronicle)

Moody’s forecast darkens for debt-laden U.S. producers

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Moody’s Investors Service believes 7.4 percent of U.S. oil producers could over the next year default on the risky debt that fueled the nation’s shale boom if crude stays cheap.
SEATTLE KAYAK OIL PROTEST

Protesters of Arctic drilling block entry to Seattle port

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Organizers had prepared to engage in civil disobedience to stop work on the drill rig, but Seattle police said Monday afternoon that no one had been arrested and the demonstration remained peaceful. A few dozen officers followed the march on foot and bicycle and kept watch at the terminal.
(Spencer Platt/Getty Images)

Nine oil well deaths lead to warning about inhaling chemicals

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All the deaths involved people at crude production tanks. Colorado and North Dakota each had three deaths, and Texas, Oklahoma and Montana each had one death.