In a packed courthouse that included the ambassadors of Italy, the U.S. and Germany, prosecutors read out the charges against former head of Sonatrach, Mohammed Meziane, his two sons, and 16 other company officials. More »
Saturday’s focus shifted to the private sector, with several companies announcing agreements, including some from Germany’s Siemens AG that were the largest single package signed at the three-day conference. More »
The planned purchase of sweet crude between June 1 and July 31 is required by federal laws forcing the Department of Energy to buy back petroleum products within one year, using the proceeds from a test sale. More »
The two nations are building emergency stockpiles with millions of barrels of crude that mirror the reserves of oil and refined products that the U.S. and its western allies amassed after the first oil crisis of 1973 to 1974. More »
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