Profits for the biggest U.S. energy producers including Exxon Mobil Corp. (XOM) are poised to decline the most since the financial meltdown of 2008-09 as the drilling technique known as fracking collapses natural gas prices. More »
An Ecuadorean appeals court has rejected an order by an international arbitration panel seeking to prevent Amazon rain forest residents from collecting an $18 billion damage award against Chevron Corp. for oil contamination. More »
BP Plc (BP/), operator of the Macondo well that caused the U.S.’s worst oil spill, may reach a settlement for the disaster this week after a partner agreed on fines, an Oppenheimer & Co. analyst said. More »
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