A former BP Plc (BP/) engineer charged with destroying evidence sought for a U.S probe of the 2010 Gulf of Mexico oil spill said a “third party” is withholding information that could clear him, according to court filings. More »
Anadarko Petroleum Corp. (APC)’s Kerr-McGee Corp. faces testimony from more than 50 witnesses in a trial starting today over an alleged scheme that enriched the company by $25 billion while polluting sites from New York to New Mexico. More »
ConocoPhillips (COP), the third-largest U.S. oil company, said it’s interested in further shale investments in Australia following a partnership last year with Perth-based New Standard Energy Ltd. More »
Investigators are scheduled to update Okaloosa County commissioners on their widening investigation into the possible theft of tourism funds provided by BP in the aftermath of the 2010 Gulf oil spill. More »
A top White House adviser on Monday said the Obama administration made a concerted effort to reach out to the oil and gas industry while crafting regulations governing natural gas drilling but insists the effort isn’t an election-year ploy. More »
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