In its proposed settlement of thousands of economic damage claims over the Gulf of Mexico oil spill, BP simplified part of its own legal maze but may have made things more complicated for contractors Transocean and Halliburton. More »
ConocoPhillips (COP), which plans to spin off its refining business, expects the new entity to begin regular trading May 1, Chief Executive Officer James Mulva said at a meeting with analysts and investors today. More »
A BP PLC well site leader on the Deepwater Horizon is appealing a judge’s order he undergo a medical examination before he can claim to be unfit to answer questions under oath about the deadly 2010 rig explosion that spawned the nation’s worst offshore oil spill. More »
A natural gas fire that killed two people and destroyed a Chevron Corp. rig off the coast of Nigeria has stopped on its own, the company said Tuesday, ending an ocean inferno that burned for 46 days. More »
Gov. Sean Parnell has a question for state senators who wonder about the commitment of oil companies to invest more in Alaska under his tax-cut plan: What commitments are you pursuing, or have you gotten, under the Senate plan? More »
As five-year-olds charge through the corridors of a kindergarten in northeast Japan at lunchtime, teacher Junko Kamada says she is still unsure if their food is safe a year after the Fukushima nuclear accident. More »
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