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By Brian Swint, Joe Carroll and Lananh Nguyen |
May 14, 2013
Three of Europe’s biggest oil explorers are being questioned by European regulators about potential crude market manipulation.
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By Phil Flynn |
April 26, 2013
A sharp jump in gasoline demand this week and a report questioning North Sea output put petros in rally mode.
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By Richard Rubin |
March 31, 2013
President Barack Obama’s nominee for energy secretary reveals industry ties, as well as estimated net worth, in financial disclosure forms.
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By Jef Feeley and Allen Johnson Jr., Bloomberg |
February 25, 2013
BP Plc, Transocean Ltd. and Halliburton Co. are seeking to avoid billions of dollars in damages by proving in court that mistakes leading to the 2010 Gulf of Mexico oil spill didn’t amount to gross negligence.
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By Phil Flynn |
February 6, 2013
There were more pipeline and refinery problems leading to the likelihood of more crude oil back-ups and a renewed widening of the Brent/WTI spread.
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By Phil Flynn |
January 16, 2013
Well it may not have really felt like it to the Canadian oil producers but according to the International Energy Agency 2012 report, the price of oil averaged $112.00 a barrel, the highest price in history.
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By Philip McBride Johnson |
November 29, 2012
They call it a "civil monetary penalty" or a "fine," but those terms seem hollow when a financial firm itself is whacked for millions of dollars by regulators ... Who does this hurt? Management does not pay
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By Phil Flynn |
November 29, 2012
Oil has struggled as it copes with continued demand destruction following Hurricane Sandy, balancing builds in supply with on-going refinery complications.
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By Margaret Cronin Fisk and Allen Johnson Jr., Bloomberg |
November 27, 2012
BP Plc appeared in federal court in New Orleans to answer U.S. charges brought over the 2010 Gulf of Mexico oil spill, entering a not guilty plea that won’t affect its $4 billion criminal settlement with the U.S.
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By Phil Mattingly and Margaret Cronin Fisk, Bloomberg |
November 15, 2012
BP Plc reached a settlement with the U.S. government for $4.5 billion that will end all criminal charges and resolve securities claims relating to the worst U.S. oil spill.
