The Louisiana lawyer in charge of dispensing BP’s oil spill settlement responded to the company’s request to remove him from the post, saying BP knew when he was appointed that he previously had represented the state in spill claims. More »
The nation’s largest pipeline company Kinder Morgan Energy Partners reported higher profits in the third quarter, as gas and natural gas liquids continued to flow in increasing amounts from shale plays across the country. More »
Offshore oil driller Ocean Rig Partners has filed for a $305 million initial public offering as it anticipates four next-generation deep-water drillships to be assembled over the next three years. More »
A consortium of eight major automakers is poised to test the first-ever technology that would allow electric cars to communicate with utility companies in an effort to better manage vehicles’ power consumption. More »
Houston oil explorer Endeavour International Corp. got a bit of good news Wednesday in the midst of seeking bankruptcy protection: One of its biggest oil fields in the UK North Sea is back online. More »
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