Posted by Reuters: Business News on January 26, 2012
CAMPOS, Brazil (Reuters) – A Brazilian prosecutor plans to file criminal charges against Chevron Corp and some of its local managers within weeks, adding the threat of prison sentences to an $11 billion civil lawsuit as punishment for a November offshore oil spill.
Posted by Reuters: Business News on November 24, 2011
BRASILIA (Reuters) – Brazil’s government suspended Chevron Corp’s drilling rights until Chevron clarifies the causes of an offshore oil spill, the latest twist in a political firestorm threatening the U.S. company’s role in Brazil’s oil bonanza.
Posted by Reuters: Business News on August 18, 2011
NEW YORK (Reuters) – Exxon Mobil Corp sued the government to reverse a decision by the Department of the Interior to cancel offshore oil and gas leases estimated to yield tens of billions of dollars of oil.
Posted by Reuters: Business News on February 7, 2011
NEW YORK/SAN FRANCISCO (Reuters) – Ensco Plc plans to buy rival Pride International Inc for about $7.3 billion in a deal that would create the world’s second-largest offshore oil and gas driller.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Ensco Plc will buy its rival Pride International Inc for about $7.3 billion in a deal that would create the world’s second-largest offshore oil and gas driller, according to…
Posted by Reuters: Business News on January 15, 2011
LONDON (Reuters) – BP Plc and Russia’s state-controlled Rosneft agreed to a share swap under which they plan to jointly explore for offshore oil and gas in a deal that gives the UK company access…
Posted by Reuters: Business News on January 14, 2011
LONDON (Reuters) – BP Plc and Russia’s state-controlled Rosneft agreed to a share swap under which they would jointly explore for offshore oil and gas, in a deal that immediately raised concerns in…
Posted by Reuters: Business News on December 15, 2010
WASHINGTON (Reuters) – The Obama administration on Wednesday launched a legal battle against BP Plc and its partners by suing them for the worst offshore oil spill in U.S. history, which could cost…
Posted by Reuters: Business News on December 13, 2010
LONDON (Reuters) – General Electric Co has agreed to buy British oil drilling pipe-maker Wellstream Holdings Plc for 800 million pounds ($1.3 billion), as GE continues its push into the offshore oil…
Posted by Reuters: Business News on October 28, 2010
HOUSTON (Reuters) – Halliburton Co. used flawed cement in BP Plc’s doomed Gulf of Mexico well, which could have contributed to the blowout that sparked the worst offshore oil spill in U.S. history, a…
