Centaurus Energy Master Fund LP, a Houston-based energy hedge fund run by former Enron Corp. trader John Arnold, was fined $75,000 by the New York Mercantile Exchange for violating position limits in natural-gas trading. More »
Williams Partners LP agreed to buy pipelines connected to Pennsylvania and New York natural-gas wells from Delphi Midstream Partners LLC for about $750 million in cash and stock, adding capacity where production is rising. More »
Chad Murray was one of the last people off the Deepwater Horizon. He twice fought his way back through the burning, debris-strewn living quarters to help rescue injured co-workers, risking his life to save them from the smoke and flames. More »
Anadarko Petroleum Corp. (APC) can exclude some evidence from a $15.5 billion pollution lawsuit brought by creditors of Tronox Inc., the chemical maker that says it was driven into bankruptcy after it was saddled with environmental liabilities. More »
Former Petrohawk Energy Corp. head Floyd C. Wilson will become the chief executive officer of Ram Energy Resources Inc. after leading a $550 million purchase of a majority stake in the oil and natural-gas producer. More »
BP wants to shield itself from having to compensate Halliburton for punitive damages, fines and penalties the cement contractor may face for its role in the deadly 2010 rig explosion and oil spill in the Gulf of Mexico. More »
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