Money Matters - Simplified

warning: Creating default object from empty value in /home/themoney/public_html/modules/taxonomy/taxonomy.pages.inc on line 33.

Energy

BP asks Halliburton to pay for oil spill damages

Oil giant BP has asked Halliburton to pay for the damages that occurred from oil spill in the Gulf of Mexico.

Chevron Q3 profit more than doubles

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 to pay BP $4bn to settle oil spill claims

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.

Calpine to announce Q3 result on Oct. 28

Calpine Corporation, a U.S. power company will be declaring its third quarter 2011 financial results on Friday, Oct. 28, 2011, the company announced Thursday.

The results will be presented during the investor call at 10:00 a.m. Eastern Time.

Fluor, GE Hitachi Nuclear Energy collaborate for nuclear projects in Poland

Fluor Corporation has inked deal with GE Hitachi Nuclear Energy for nuclear new-build projects in Poland, the company announced Thursday.

Together the two companies are looking forward to serve Polska Grupa Energetyczna's (PGE) upcoming n

HollyFrontier to repurchase $100mn worth of shares

HollyFrontier Corporation, a petroleum refiner and distributor of petroleum products, announced Thursday that its board has approved stock repurchases of up to $100 million.

The refiner will repurchase common stock in the open market or through privately negotiated transact

US-aided Solyndra goes bankrupt

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.

North Sea oil spill stopped -- Shell

Gannet Alpha platform

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.

Environment-wise: Thomson Airways to fly planes on cooking oil

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.

NJ's 2 nuclear plants get 20-year extension

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.