Oil Giant
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Oil Giant Chevron To Pay $744 Million For Polluting Louisiana Wetlands
A US jury has ordered oil giant Chevron to pay $745 million for polluting marshland near New Orleans and subsequently failing to rehabilitate the affected area.
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"Go To Hell, Shell": Climate Activists Disrupt Oil Giant's Key Meeting
Shell's shareholders' meeting was delayed by more than an hour due to protest by climate activists.
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Recession Odds, Inflation Fears Jump as US-Saudi Oil Pact Breaks Down
Just three years ago, when OPEC+ oil giants fell out, the US found itself playing the role of peacemaker. Now it looks more like their target.
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Trump Administration Adds China Chipmaker, Oil Giant To Defense Blacklist
The Trump administration on Thursday added China's top chipmaker, SMIC, and oil giant CNOOC to a blacklist of alleged Chinese military companies, a move likely to escalate tensions with Beijing before President-elect Joe Biden takes office.
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British Oil Giant To Slash 10,000 Jobs As Pandemic Hits Oil Demand
British energy giant BP on Monday announced plans to axe "close to 10,000 jobs", or almost 15 percent of its global workforce, after the coronavirus pandemic slashed demand for oil.
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The Tiny Gulf Country With A $335 Billion Global Empire
Qatar is regaining its appetite for deals. In the past two months alone, the world's richest country per capita invested in Turkey's biggest poultry producer, Russian oil giant Rosneft, and U.K. gas company National Grid.
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25 Dead, 107 Injured In Saudi Hospital Fire
A fire ripped through a hospital in Saudi Arabia today, killing at least 25 people and injuring 107, the authorities said.
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6 Dead, Dozens Hurt in Fire at Saudi Oil Giant Housing Complex
At least six people were killed and 206 injured in Saudi Arabia today when a fire broke out at a residential complex housing employees of oil giant Saudi Aramco, authorities said.
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Brazilian Ruling Party Treasurer Arrested in Petrobras Probe
The treasurer of Brazil's ruling Workers' party (PT), Joao Vaccari, was arrested today in connection with the widening probe into corruption at oil giant Petrobras, federal police said.
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Brazil Police Make New Arrests in Petrobras Corruption Scandal
Brazilian police launched a new round of arrests today in the corruption scandal at state oil giant Petrobras, a day after massive nationwide demonstrations against leftist President Dilma Rousseff.
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BP Off Hook for Several Billion Dollars in Oil Spill Fines
A US judge said Thursday energy giant BP faces a maximum fine of $13.7 billion for the 2010 Gulf of Mexico oil spill, a sum reduced by several billion dollars.
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Oil Giant Chevron To Pay $744 Million For Polluting Louisiana Wetlands
A US jury has ordered oil giant Chevron to pay $745 million for polluting marshland near New Orleans and subsequently failing to rehabilitate the affected area.
-
"Go To Hell, Shell": Climate Activists Disrupt Oil Giant's Key Meeting
Shell's shareholders' meeting was delayed by more than an hour due to protest by climate activists.
-
Recession Odds, Inflation Fears Jump as US-Saudi Oil Pact Breaks Down
Just three years ago, when OPEC+ oil giants fell out, the US found itself playing the role of peacemaker. Now it looks more like their target.
-
Trump Administration Adds China Chipmaker, Oil Giant To Defense Blacklist
The Trump administration on Thursday added China's top chipmaker, SMIC, and oil giant CNOOC to a blacklist of alleged Chinese military companies, a move likely to escalate tensions with Beijing before President-elect Joe Biden takes office.
-
British Oil Giant To Slash 10,000 Jobs As Pandemic Hits Oil Demand
British energy giant BP on Monday announced plans to axe "close to 10,000 jobs", or almost 15 percent of its global workforce, after the coronavirus pandemic slashed demand for oil.
-
The Tiny Gulf Country With A $335 Billion Global Empire
Qatar is regaining its appetite for deals. In the past two months alone, the world's richest country per capita invested in Turkey's biggest poultry producer, Russian oil giant Rosneft, and U.K. gas company National Grid.
-
25 Dead, 107 Injured In Saudi Hospital Fire
A fire ripped through a hospital in Saudi Arabia today, killing at least 25 people and injuring 107, the authorities said.
-
6 Dead, Dozens Hurt in Fire at Saudi Oil Giant Housing Complex
At least six people were killed and 206 injured in Saudi Arabia today when a fire broke out at a residential complex housing employees of oil giant Saudi Aramco, authorities said.
-
Brazilian Ruling Party Treasurer Arrested in Petrobras Probe
The treasurer of Brazil's ruling Workers' party (PT), Joao Vaccari, was arrested today in connection with the widening probe into corruption at oil giant Petrobras, federal police said.
-
Brazil Police Make New Arrests in Petrobras Corruption Scandal
Brazilian police launched a new round of arrests today in the corruption scandal at state oil giant Petrobras, a day after massive nationwide demonstrations against leftist President Dilma Rousseff.
-
BP Off Hook for Several Billion Dollars in Oil Spill Fines
A US judge said Thursday energy giant BP faces a maximum fine of $13.7 billion for the 2010 Gulf of Mexico oil spill, a sum reduced by several billion dollars.
