Oil giant BP has asked Halliburton to pay for the damages that occurred from oil spill in the Gulf of Mexico.
Thanks to the rising crude prices and sale of a refinery, Chevron Corporation (NYSE:CVX) third quarter profit more than doubled this year, even as company’s production failed to meet expectations.
Anadarko Petroleum Corporation (NYSE: APC) is set to pay BP PLC (NYSE: BP) $4 billion under an agreement struck between the two to settle all claims among them relating to last year's Gulf of Mexico oil spill.
Starting with about $1 billion in venture capital and a $535-million federal government loan guarantee, the high-profile solar-panel maker Solyndra Inc. finally shut doors Wednesday.
Royal Dutch Shell PLC has announced that it has managed to stop the leak from its faulty pipeline at the Gannet Alpha platform in worst North Sea oil spill in more than a decade.
Cooking oil is no more only a kitchen product. The common food staple has found its place in the airline industry as an unusual new fuel.
Amid the nuclear power plants coming under scanner after the mishap at the nuclear plant in Japan, the Nuclear Regulatory Commission has renewed the license of two nuclear plants in southern New Jersey for 20 years.