Argentina said it plans to seize 51 percent of YPF SA, the country’s largest oil producer, to stem an increase in fuel imports and increase control over the nation’s oil reserves. The stock plunged. More »
Environmentalists just filed a legal challenge to Freeport LNG’s bid to export natural gas from a facility in Texas — the latest attempt to undercut a push by more than a half dozen companies to send the fossil fuel overseas. More »
Cobalt International Energy Inc., the offshore oil explorer backed by Goldman Sachs Group Inc. said it hasn’t broken any laws after the Financial Times reported Angolan officials own stakes in its local partner. More »
When gasoline prices are rising, as they have been recently, I often get asked by readers to write about speculation. Usually the request is that I “expose” how speculation is driving up prices. More »
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