The region’s shares were lower amid lingering concerns about the implementation of the country’s rescue package and Europe’s economic outlook  More »

America is pumping more oil out of the ground than it has in years, while Americans’ gasoline consumption is at an 11-year-low. Yet gasoline prices are rising, and experts say it’s all about the global economy and geopolitics.  More »

America is pumping more oil out of the ground than it has in years, while Americans’ gasoline consumption is at an 11-year-low. Yet gasoline prices are rising, and experts say it’s all about the global economy and geopolitics.  More »

BANGKOK, Feb 23 (Reuters) – These are some of the leading stories in Thai newspapers on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.  More »

SINGAPORE, Feb 23 (Reuters) – U.S. crude futures slipped below a nine-month high on Thursday after industry data showed a larger-than-expected build in crude inventories last week.  More »

The two plans show that there is strong support for reforms to the bafflingly complicated US tax system but division about how much revenue the system should raise  More »

Feb 22 (Reuters) – BP Plc and Anadarko Petroleum Corp are liable and Transocean Ltd may be liable for civil damages under federal pollution laws over the catastrophic 2010 Gulf of Mexico oil spill, a U.S. judge ruled.  More »

Feb 22 (Reuters) – The staff of the U.S. Nuclear Regulatory Commission has proposed the first three rules to address safety issues raised by Japan’s Fukushima nuclear disaster, changes the staff said could be implemented by the end of 2016.  More »

The Gas Co. and General Motors plan to open a service center in Honolulu for hydrogen fuel cell vehicles this week. The two companies will dedicate the facility at The Gas Co.’s property at 515 Kamakee St. in Kakaako on Thursday, along with members of the Hawaii Hydrogen Initiative. GM plans to use the facility to maintain its fleet of fuel cell vehicles in Hawaii. “We have been working with GM on providing them the space so that they can …  More »

Jones Lang Lasalle was approved Wednesday by bankruptcy authorities to start looking for a buyer for Solyndra LLC’s $300 million manufacturing plant and headquarters in Fremont. The building sits on 30 acres, has 31,000 square feet of office space, and could be expanded by up to another 200,000 square feet. It has been a highly visible reminder of a controversial government loan guarantee since the solar panel maker shut down and sought bankruptcy protection late last summer. Pres. Barack Obama’s …  More »

TOKYO, Feb 23 (Reuters) – Japan is in final talks with Washington on an agreement on cuts in Iranian crude oil imports that could amount to more than 20 percent a year, the Nikkei business daily reported on Thursday, as Tokyo seeks to win waivers from …  More »

“BP and Anadarko are liable for civil penalties under the act because they are both owners of the offshore facility from which oil discharged,” Judge Carl Barbier said.  More »