After almost 20 years, Exxon Valdez payments start hitting banks
It doesn't seem like it's been almost 20 years since the devastating oil spill that hit Prince William Sound, Alaska, but it has been, and finally, 19 years later, Exxon Mobil has started to send out lawsuit ...
OVL gets govt nod for Imperial buyout
Oil and Natural Gas Corporation today secured the government's nod that was crucial for it going ahead with the acquisition of Imperial Energy for 1.4-billion pounds, as it sees returns from the deal plummeting ...
Fla. investigates price gouging complaints
Florida's Attorney General Bill McCollum and Agriculture Commissioner Charles Bronson are holding Morgan Stanley to the fire, accusing the company's subsidiary, TransMontaigne of price gouging at the pump this ...
DOE slashes energy demand forecast
Oil prices wavered Tuesday amid new reports that the anemic global economy will lead to an even sharper falloff in energy consumption through 2009.
Vectren offers aid for overdue heating bills
Vectren Energy will restore residential service to some customers who pay at least 50 percent of their da big buyer By: 7:40 AM TORONTO - GMP Capital Trust is bulking up its capital position ...