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 »
A halt to oil production in Kazakhstan, where riots left at least 14 people dead over the weekend, would have a similar impact on crude prices as the conflict in Libya, according to researchers at JBC Energy GmbH and Global Risk Management. More »
An oil spill near the coast of Nigeria is likely the worst to hit those waters in a decade, a government official said today, as slicks from the Royal Dutch Shell PLC spill approached the southern shoreline. More »
Spectra Energy Corp. plans to spend about $500 million in Ohio to expand shipping capacity on its Texas Eastern pipeline system to handle rising natural-gas production from the Utica and Marcellus shale formations. More »
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