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Anadarko Petroleum Corp. drills a series of wells on a pad on a Weld County farm near Mead, Colo. in the northeastern part of the state. (AP Photo/Ed Andrieski, File)

Energy industry offering pre-buttal to “Promised Land” movie

Before many Pennsylvania movie-goers settle in for Matt Damon’s film about the fight over natural gas drilling, they will see a message from the energy industry offering “straightforward facts” about hydraulic fracturing.  More »
Wade Youngblood, a production team leader, walks up a set of steps on the Helix Producer 1 in the Gulf of Mexico on Thursday, Feb. 24, 2011(Photo: Rusty Costanza/ The Times-Picayune)

Helix disposals create deep-water operator takeover bait

Helix Energy Solutions Group Inc. (HLX) is turning into a takeover target after streamlining the company to focus on its expanding operations for offshore oil-well support.  More »

Wegelin to close after US guilty plea

Switzerland’s oldest private bank is to cease operations having agreed to pay $57.8m over charges that it helped Americans to evade paying $1.2bn in tax  More »

Chávez battles ‘severe’ lung infection

President Hugo Chávez is suffering from a severe lung infection after cancer surgery, the Venezuelan government says  More »

Valero joint venture plans oil dock at Sabine-Neches

The $75 million oil dock will be able to receive tankers 24 hours a day and will deliver crude to Valero’s Port Arthur Refinery.  More »
(Photo: Associated Press)

Floods blamed for 2.4M gallons of spilled crude, feds say

Flood-related pipeline spills account for fewer than 1 percent of all pipeline accidents, but pose a greater threat to drinking water.  More »

Fed minutes hit stocks as rally fizzles

US stocks fell, while the US dollar shot higher after minutes of the last Federal Reserve meeting showed policy makers are growing wary of asset purchases  More »

Al Jazeera to buy Al Gore’s Current TV

Qatar-based broadcaster is set to launch a US-based news channel after acquiring Current TV in a deal analysts say could be worth $500m  More »

Crisis of faith over Vatican ATMs

Bank of Italy blocks all electronic payments following Vatican City’s failure to fully comply with international anti-money laundering rules  More »

Depardieu in Russian citizenship thriller

Russia’s 13% income tax is inspiring a new wave of westerners to defect but it remains to be seen if the French star will take up the offer  More »

Fed split over when to halt QE3

Minutes of Federal Open Market Committee’s December meeting show several members want ‘to slow or to stop purchases well before the end of 2013’  More »

US clears Google’s core search business

Despite giving the search engine a clean bill of health, the FTC announced a settlement that includes limits to the way Google enforces its patents  More »