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Thu, 2 Sep 2010 20:53:16 GMT - Mariner may be facing BP-style crisis

Mariner Energy, Inc. shares dropped more than 4 percent Thursday following news that one of its production platforms exploded in the Gulf of Mexico.
Sun, 29 Aug 2010 19:34:44 GMT - BP's life on 'frontiers' of energy industry at risk

At a celebration of BP's centennial last October, CEO Tony Hayward boasted to guests that the oil company "lives on the frontiers of the energy industry."
Mon, 23 Aug 2010 21:12:28 GMT - Gas prices continue unusual pre-Labor Day fall

Gasoline pump prices continued to fall on Monday, offering a bright spot for drivers watching their wallets in the uncertain economy.
Fri, 13 Aug 2010 15:07:14 GMT - Blackstone taking Dynegy private for $542.7M

Asset manager Blackstone Group said Friday it is paying $542.7 million to take Dynegy Inc. private in a three-way deal that will see Dynegy also sell four power plants to NRG Energy Inc.
Fri, 6 Aug 2010 21:33:08 GMT - Gulf spill investigators eye undersea evidence

A support vessel, front center, is seen among others surrounding the Helix Q4000, the vessel being used to perform the static kill operation, at the site of the Deepwater Horizon oil spill off the coast of Louisiana on Tuesday.Now that BP appears to have vanquished its ruptured well, authorities are turning their attention to gathering evidence from what could amount to a crime scene at the bottom of the sea.


Fri, 30 Jul 2010 11:28:51 GMT - BP CEO: I'm a 'villain for doing the right thing'

Tony Hayward, who resigned as chief executive of BP in the wake of the Gulf oil spill, has said that he was turned into "a villain for doing the right thing."
Thu, 29 Jul 2010 21:16:52 GMT - Big Oil posts better profits on higher fuel prices

The major oil companies continue to climb back from the recession, with higher fuel prices driving up earnings.
Thu, 29 Jul 2010 14:24:25 GMT - Exxon Mobil's earnings more than double

Exxon Mobil Corp. says its second quarter income nearly doubled as oil prices increased from last year.
Tue, 27 Jul 2010 23:38:39 GMT - New CEO Dudley faces daunting task at BP

BP Managing Director Bob Dudley poses for the media outside BP's headquarters in London July 27, 2010. BP on Tuesday confirmed that chief executive Tony Hayward will quit and said it would take a charge as a result of the Gulf of Mexico oil spill amounting to $32.2 billion. BP's incoming CEO Robert Dudley faces the daunting task of fixing a company saddled with huge liabilities, a broken culture, strained government relations and a badly damaged brand.


Tue, 20 Jul 2010 18:18:03 GMT - Google signs 20-year deal with Iowa wind farm

Google Inc. has signed a 20-year contract to buy power from an Iowa wind farm as part of the Internet search leader's effort to cut the pollution caused by its rising demand for energy.
Tue, 20 Jul 2010 13:57:13 GMT - China surpasses U.S. as top energy consumer

China has overtaken the United States as the world's largest consumer of energy, according to data from Paris-based International Energy Agency. China rejected the data.
Tue, 13 Jul 2010 11:35:15 GMT - For recyclers, one (complicated) word: Plastics

A forklift operator stacks bales of sorted recyclable materials. The Ocean County Recycling Center, operated by WM Recycle America separates co-mingled materials from undesirable refuse and bales the resulting milk jugs, soda and water bottles, detergent containers, and aluminum.Although Americans rely on plastic made from petroleum and natural gas in virtually every aspect of our lives, just a fraction of our plastic waste is getting recycled.


Mon, 12 Jul 2010 03:09:30 GMT - BP reportedly in talks to sell Alaska oil stake

This photo provided by BP shows the company's Prudhoe Bay oil field facility in in Prudoe Bay, Alaska.Beleaguered oil giant BP is in talks to sell $12 billion of assets, including a prized Alaskan oil field, says Sunday Times of London.


Wed, 7 Jul 2010 20:26:15 GMT - BP's Hayward flies to Mideast to meet 'partners'

BP's embattled CEO flew to Abu Dhabi and met with the wealthy emirate's influential crown prince amid speculation the oil giant is looking to raise cash.
Mon, 5 Jul 2010 04:19:05 GMT - BP seeks investors, help with cleanup

BP is seeking a strategic investor to fend off any takeover attempts as it struggles with the Gulf oil spill, newspapers say. BP also reportedly asks for help in paying for the cleanup.
Wed, 30 Jun 2010 00:07:46 GMT - BP floating financial lifeline to station owners

Oil giant BP PLC is floating a financial lifeline to the owners, operators and suppliers of the gas stations around America that bear its name and have been hit by boycotts.
Sun, 27 Jun 2010 18:31:08 GMT - BP station owners say that they’re victims also

BP owns just a fraction of the more than 11,000 stations across the U.S. that sell its fuel under the BP, Amoco and ARCO banners.Tension is mounting between BP and the neighborhood retailers that sell its gasoline.


Sun, 27 Jun 2010 18:11:55 GMT - Shell says deepwater drilling must continue

Royal Dutch Shell says rising demand means deep-water drilling must continue, but that competitor British Petroleum's massive Gulf of Mexico spill offers lessons.
Fri, 25 Jun 2010 12:44:21 GMT - BP market losses hit $100 billion

BP Plc stock hit a 14-year low on Friday and its credit weakened sharply on talk it needs extra cash to fund the clean-up and compensation bill for the worst oil spill in U.S. history.