BP says a recently unearthed government report has no bearing on whether a judge should retry a $256 billion lawsuit over safety compliance issues at one of its deep-water production platforms in the Gulf of Mexico. More »
As the U.S. chemical sector grows and expands, fueled by a surge in domestic gas production, the European chemical industry is stagnating, plagued by high production costs and a lack of investment in new plants and research and development. More »
ConocoPhillips announced today it will file for arbitration in a contract-dispute case against Venezuela’s state oil company, in a continued battle over the South American state’s 2007 nationalization of several oil company’s assets. More »
The European Union rekindled a probe into possible rigging of fuel-price benchmarks, raiding ethanol companies in the bloc 17 months after officials inspected three oil producers and industry publisher Platts. More »
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