Oil Companies
Latest Oil Companies News
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US Won't Retry Watchdog Whistle-Blower Case
government economist Richard A. Berman. POGO had paid Berman nearly $400,000 from a $1.2 million settlement for exposing oil companies ' underpayment of royalties to the government. They had faced fines, but no jail time. The Justice Department argued the
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Presidents of Sudan, South Sudan to Meet Friday
Salva Kiir signed deals in September to restart the south's oil industry . South Sudan's oil flows through Sudan's pipelines, bringing in revenue for both countries. The south shut down its oil industry last year after accusing Sudan of stealing its oil. Disagreements
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Storm Impedes Salvage of Grounded Drilling Ship
Resources Committee, expressed his concerns in a statement Tuesday. " Oil companies keep saying they can conquer the Arctic, but the Arctic keeps disagreeing with the oil companies ," Markey said. "Drilling expansion could prove disastrous for
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Bolivia Expropriates Spanish Energy Subsidiaries
Bolivia. In his first year in office in 2006, the Bolivian president nationalized the oil industry through a renegotiation of contracts with a dozen oil companies , including Repsol, Petrobras, BG and Total. In 2009 Morales transferred to state
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Long-Awaited NH Pollution Trial Ready to Start
officials said. The state sued 26 oil companies and subsidiaries in 2003, claiming said the case is about whether the oil companies designed a defective product, failed questionnaire asked them whether they felt oil companies valued profits over safety and whether
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Din of Hammers, Oil Wells Signal Bakersfield Boom
100-a-barrell prices have inspired the innovation needed to extract it. Chevron is expanding its offices, and other oil companies and related industries are eying land for development. Kern County also has embraced 21st century energy by pre-zoning
News
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Argentina's YPF, Bridas Sign $1.5B Shale Deal
America's second largest after Brazil, needs billions of dollars to exploit its energy reserves, and until recently major oil companies had failed to commit. Analysts blamed the government's heavy hand in the market and Repsol's threat to sue any partner
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Venezuelan Economy Grew 5.5 Percent in 2012
Private sector production grew 6.1 percent and the public sector production rose 5.2 percent. The all-important oil industry grew 1.4 percent. The manufacturing sector grew a modest 2.1 percent. Industry leaders complain that currency exchange
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Chevron's CEO: Affordable Energy Is Crucial
and working abroad. Below are excerpts, edited for length and clarity. AP: Why do people and politicians dislike big oil companies that deliver the energy they rely on and benefit from? WATSON: They don't feel like they have the choices. Most products
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US Oil Production: Record Rise in 2012
independent in the next three decades as it boosts its production of oil, natural gas and renewable power such as solar and wind. Oil industry analysts expect that an increase in U.S. crude oil production should help push gas prices lower. The national average
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Liberal Pushback: Bernie Sanders Calls on Dems to Reject Entitlement Cutsallowing the high-income Bush tax cuts to expire, eliminating corporate tax loopholes, ending tax breaks and subsidies for oil companies , cutting Pentagon spending and allowing Medicare to negotiate with drug companies for lower prices.
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Stock Market Winners, Losers After the Presidential Election
may revisit their goal of eliminating long-standing tax benefits for oil companies . In March, Republicans blocked Obama's efforts to end tax breaks for big oil companies . And Romney's defeat means that the coal industry probably won't
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Kremlin Cheers Obama's Re-Election
military and pull out of NATO), Rick Santorum (for his "moral values") and Rick Perry (for his connections to the oil industry ). Many ordinary Russians also expressed a preference for Obama over Romney. A group of young pro-Putin Russians who
Videos
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Gulf Oil Industry Safe From Gustavcategory two and three hurricanes. What's the inspections are completed they'll start turning the platforms back on the oil companies say it will likely take weeks before they get everything back up and running. With the money minute I'm Lindsey Davis
the inspections are completed they'll start turning the platforms back on the oil companies say it will likely take weeks before they get everything back up and running. With the money minute I'm Lindsey Davis ABC -
Fact or Fiction: The Presidential Debatechange that I believe would actually help the economy the oil industry gets four billion dollars a year. And corporate welfare all of the Department of Energy has said the tax breaks for oil companies is two point eight billion dollars a year. And it's actually
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Jonathan Karl's Exclusive Interview With John Boehnerfact that the hugely profitable oil companies are still getting taxpayer subsidies campaign contributions from the oil companies if they'd be willing to cut rates were also lower. Today the oil industry prepared for battle. It's
Ask house speaker John Boehner about the fact that the hugely profitable oil companies are still getting taxpayer subsidies. Well John is back tonight with the news about what happened today.congress. We asked the top ten recipients of campaign contributions from the oil companies if they'd be willing to cut those tax breaks. Most haven't responded yet though a spokesman for the top recipient of oil money senator David -- Told us he'd only be willing to eliminate the tax breaks if corporate tax rates were also lower. Today the oil industry prepared for battle. -
Oil Industry Grillingmore than 36 dollars a barrel and hit yet another record today. Gas is up by 68 cents today the captains of the nation's oil industry were once again called before congress to answer for the record price of the pump. And their record profits here's ABC's
Gas is up by 68 cents today the captains of the nation's oil industry were once again called before congress to answer for the record price of the pump. And their record profits here's ABC's Gigi -
Record Profits for Oil CompaniesExxon says its results for the last three months of the year went down 4% this is gas prices began to fall. The Big Five oil companies including chronic both Chevron shell and BP on to see profits rise by about 7% last year. The companies aren't the only
down 4% this is gas prices began to fall. The Big Five oil companies including chronic both Chevron shell and BP -- on -- to see profits rise by about 7% last year. The companies aren't -
Lizards vs. Oil: Battle for Landlittle critter is terrorizing the Texas oil industry . It's only about four inches long protected. But bad for the domestic oil industry which has 500 million barrels of Texas lizard as the terror of the American oil industry . Jonathan Karl for Nightline in Odessa
Meet the little critter -- is terrorizing the Texas oil industry . It's only about four inches long and spends most of -- state buried in sand bought. It is god Zola the biggest threat facing the oil business and memory. Those breaks -- quit working its not its ferocious the problem is these are the federal government is about to place it on the endangered species list. Good for the lizard because -- habitat protected. But bad for the domestic oil industry which has 500 million barrels of Texas in New Mexico oil could be put off limits.be joined the sand dune lizard as the terror of the American oil industry . Jonathan Karl for Nightline in Odessa Texas. -
Lizards Take on Big Oilan ordinary rep tile with the sand dune lizard has Texas oil industry scared to death. Groups God's the biggest threat facing told us the economic impact will not. His dramatic as the oil industry says says now we need to look at the science. Com and and
an ordinary rep tile with the sand dune lizard has -- Texas oil industry scared to death. Groups God's -- the biggest threat facing the oil business and memory the lizard is expected to soon be put on the endangered species list. Protecting its 800000. Acres of habitat. Right in the heart of oil country. -- has been on the endangered species last. Then need -- rates would check town it's a male the Fish and Wildlife Service told us the economic impact will not. His dramatic as the oil industry says -- says now we need to look at the science. Com and and science not the economics right. We ventured out
