And anonymous investor is providing more than half a billion dollars to cover Anadarko Petroleum Corp.’s capital expenditures developing the Lucius oil and gas development in the deep-water Gulf of Mexico. More »
During Shell’s seven-year, $4.5 billion quest to search for oil under Arctic waters, environmentalists have put the company on the defensive by challenging government-issued drilling approvals and permits in federal court. More »
European Union sanctions on Iran entered into full force yesterday after exemptions on some contracts and insurance ended, adding pressure on crude prices to rise and on the Persian Gulf nation to halt its nuclear- enrichment program. More »
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