Schlumberger

Romney's Family Trusts Failed To Keep His Divestment Pledge

AP | STEPHEN BRAUN | Posted 04.02.2012

WASHINGTON — Presidential candidate Mitt Romney promised in 2007 he would shed any investments that conflicted with Republican positions on hot-...

Who Really Controls Iraq's Oil Industry?

NY Times | Posted 08.17.2011

MOSCOW — When Iraq auctioned rights to rebuild and expand its oil industry two years ago, the Russian company Lukoil won a hefty portion — a field...

Shell, Panalpina Near Settlement In Bribery Case, Sources Say

Wall Street Journal | Kara Scannell And Thomas Catan | Posted 05.25.2011

A big Swiss shipping and logistics company and Royal Dutch Shell PLC, one of its customers, are close to settling foreign-bribery charges stemming fr...

BP Starts Burning Oil From Leaking Ruptured Well

AP | RAY HENRY | Posted 05.25.2011

NEW ORLEANS — BP began slowly burning oil siphoned from a ruptured well in the Gulf of Mexico on Wednesday as part of its plans to more than tri...

BP Smoking Gun? Oil Giant Skipped Critical Testing Hours Before Explosion

Posted 05.25.2011

New revelations about BP's operations on the Deepwater Horizon oil rig on the day of the explosion are being described as the smoking gun that proves ...

Who Says the Bad News Is Over?

Dan Dorfman | Posted 05.25.2011

Dan Dorfman

Sometimes, it takes a swift kick in the can to wake us up to reality. That may have occurred last Friday when the Dow got hammered for close to a 101-point loss.

Underlying Questions Remain About Natural-Gas Drilling

Susan Cosier | Posted 05.25.2011

Susan Cosier

The race to drill for natural gas has never been so furious as it has been over the last few years. Yet, still lingering is the question of whether the process could contaminate groundwater.