Energy & Mining
  • German utility E.ON stuck to its results forecasts for the year as it posted a sharp increase in first-half earnings thanks to new gas deals with Russia.

    LAST UPDATE : Aug 21, 2012, 5:13 PM EDT
    Story
  • Federal investigators probing the cause of a massive Chevron oil refinery fire are focusing on possible corrosion in a decades-old pipe the company inspected late last year.

     
    LAST UPDATE : Aug 21, 2012, 4:09 PM EDT
    Story
  • A long line of West County residents line up outside the Nevin Community Center in Richmond, Calif where Chevron has set up a Claims Center in response to the refinery fire on Friday, Aug. 10, 2012. Thousands more submitted similar claims throughout the week by calling a special hotline Chevron established after Monday's explosion and fire at its Richmond refinery. The company said a total of about 3,800 people had submitted claims through Friday afternoon.

    Several thousand Richmond residents have filed legal claims against Chevron Corp., seeking compensation for a refinery fire that fouled the region's air for hours.

    LAST UPDATE : Aug 21, 2012, 4:09 PM EDT
    Story
  • Ogoniland needs the world's biggest oil clean-up, taking at least 25 years and costing an initial $1 billion. Shell and the government pledged to undertake it. One year on, residents say they've seen no evidence that it has begun.

    LAST UPDATE : Aug 21, 2012, 12:06 AM EDT
    Story
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    By Peg Mackey and Andrew Callus
    LONDON (Reuters) - Iraqi Kurdistan's crude oil is plentiful and easy to get at, rare among undeveloped energy resources. The man managing it, a former North Sea engineer and consultant turned politician, knows how to attract investment.

    LAST UPDATE : Aug 20, 2012, 5:18 PM EDT
    Story
  • China's CNOOC wants to boost its domestic oil reserves

    China's biggest offshore oil producer CNOOC is poised to snap up Canadian rival Nexen in a $15.1bn (£9.7bn) deal.

    LAST UPDATE : Aug 20, 2012, 11:39 AM EDT
    Story

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