Online crowdfunders like Kickstarter and Indiegogo have produced a few successful technology and media startups. But the sites are also home to thousands of amateur inventors with big ideas that ultimately fail. More »
OneSubsea announced Monday that it won a $270 million contract to develop a subsea production system for Pemex that will serve the first deepwater subsea field developed by Pemex, Mexico’s national oil company. More »
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 »
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