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CVR Energy was named to the Chronicle 100 list of leading companies. CVR s Coffeyville operations, both the refinery and the fertilizer plant.  (Photo: Houston Chronicle)

CVR Refining units up 2 pct in trading debut

CVR Refining LP’s units rose about 2 percent in their first hours of trading Thursday. The company spun off from CVR Energy Inc.  More »

Eni confirms commerciality of Sankofa offshore Ghana

Eni has completed drilling Sankofa East 2A, the first appraisal well of the Sankofa East oil discovery offshore Ghana.  More »

Seabed, depth issues to complicate Polarled pipelay

Statoil (OSE:STL) has contracted Ramboll Oil & Gas for detailed design of the 36-in. Polarled pipeline in the Norwegian Sea.  More »

Lundin lines up further well east of Edvard Grieg

The Norwegian Petroleum Directorate has authorized Lundin Norway to drill an exploratory well east of the Edvard Grieg field in the North Sea.  More »

US debt talks complicated by timing

The lack of clarity surrounding the real debt ceiling deadline will pose a challenge for negotiators in Congress working to craft a solution  More »

Citigroup shares fall after earnings miss

Bank reports adjusted fourth-quarter earnings per share of 69 cents, missing analysts’ estimates and citing a ‘challenging’ environment  More »

UniversalPegasus International appoints CFO

UniversalPegasus International has appointed Meg Lassarat as CFO.  More »

Tullow extends West Leo contract

Tullow Oil has exercised a contract extension option for Seadrill’s West Leo that will keep the ultra-deepwater semisubmersible on location in West Africa through May 2018.  More »

Herbalife says profits will beat estimates

Herbalife said that it expected fourth-quarter earnings per share of $1.02 to $1.05 from 86 cents a year ago and ahead of the consensus of $1.01  More »

Shift back towards equities lifts BlackRock

Inflows and higher market values pushed assets under management up 8% from the year before and fourth-quarter net income rose 25% to $690m  More »

Global regulators ground Dreamliners

US regulator leads a backlash against Boeing’s 787 Dreamliner and order the grounding of the passenger jet, the first such move for 34 years  More »
The Amenas natural gas field in Algeria, where Islamist militants raided and took hostages Wednesday Jan. 16, 2013.

Militants: Algerian helicopters kill 35 hostages

At least 20 foreign hostages escaped Thursday from Islamist militants who had taken over an Algerian natural gas complex in the Sahara desert, an Algerian security official reported.  More »