Oil giant ConocoPhillips to split into 2 companies AP (July 14, 2011) NEW YORK (AP) - ConocoPhillips, the nation's third-largest oil company, said Thursday it will split into two companies: one that produces oil and another that refines it into gasoline and other fuels.
Oil falls over 2 percent on Bernanke comments AP (July 14, 2011) NEW YORK (AP) - Oil dropped more than 2 percent Thursday after Federal Reserve Chairman Ben Bernanke said the government wasn't ready to immediately pump more cash into economic stimulus programs.
Power company puts carbon capture project on hold AP (July 14, 2011) COLUMBUS, Ohio (AP) - American Electric Power Co. said Thursday it was putting a hold on its plans for a commercial-scale carbon dioxide capture and storage project in West Virginia because of uncertainty surrounding U.S. climate policy and what the company described as a weak economy.
LAUREL, Mont. (AP) - The initial cleanup along the oil-fouled Yellowstone River could be tested Tuesday as rising waters make it harder for Exxon Mobil Corp. to get to areas damaged by the crude spilled from a company pipeline.
Energy Transfer in new $5.1B Southern Union deal AP (July 05, 2011) DALLAS (AP) - Energy Transfer Equity LP has agreed to pay a revised $5.1 billion for pipeline company Southern Union Co., increasing its offer in an effort to trump rival bidder Williams Cos. Inc.
AP IMPACT: Tritium leaks found at many nuke sites AP (June 21, 2011) BRACEVILLE, Ill. (AP) - Radioactive tritium has leaked from three-quarters of U.S. commercial nuclear power sites, often into groundwater from corroded, buried piping, an Associated Press investigation shows.
PROMISES, PROMISES: WH solar panels are no-shows AP (June 21, 2011) WASHINGTON (AP) - Last October, the Obama administration announced plans to install solar panels on the roof of the White House by the spring of this year, returning the power of the sun to the pinnacle of prominence a quarter-century after Jimmy Carter's pioneering system was taken down.
Oil near $94 as IEA warns crude costs hurt economy AP (June 21, 2011) SINGAPORE (AP) - Oil prices rose above $94 a barrel Tuesday in Asia as a top energy industry expert warned higher fuel costs could undermine global economic growth.
BP shares up after contractor settles Gulf claim AP (June 21, 2011) LONDON (AP) - Shares in oil company BP rose strongly Tuesday after one of the company's contractors agreed to settle claims arising from the Gulf of Mexico oil spill.
Oil higher as markets awaits vote in Greece AP (June 21, 2011) NEW YORK (AP) - Oil is moving higher on a weaker dollar and ahead of a key development in Greece's budget crisis.