Threats by Iran to cut off the Strait of Hormuz, through which nearly a fifth of the world’s oil is transported, have further energized both sides in the debate over the proposed Keystone XL oil pipeline. More »
SAC Capital Advisors, the $14 billion hedge fund run by Steven A Cohen, bought a 5.7 percent stake in Cheniere Energy Inc., a liquefied natural-gas importer, according to a filing with the U.S. Securities and Exchange Comission today. More »
Sports towels and fleece blankets. A poker tournament. A $1 million Christmas display. A prom for senior citizens. BP gas card giveaways. A “most deserving mom” contest. And advertising, lots of advertising. More »
More than 100 homeowners in Michigan sued Chesapeake Energy after an affiliated company terminated leases and failed to pay bonuses after a nearby test well came up dry, according to a Reuters investigation. More »
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