United States

Energy Headlines

Brazil's Petrobras in talks to sell assets to Mexico's Alpek

SAO PAULO Brazil's state-run oil company Petroleo Brasileiro SA said in a statement on Thursday it is in exclusive talks for 60 days with Mexico's Alpek over the potential sale of PetroquimicaSuape and Citepe assets in Brazil's northeast.

Swiber to wind up, biggest Singapore casualty of oil slump

SINGAPORE Singapore oilfield services firm Swiber Holdings Ltd filed for liquidation facing hundreds of million of dollars in debt and a decline in orders, becoming the biggest local name to fall victim to the slump in oil prices.

Bytes and barrels: the origins of oil traders' love of Yahoo

NEW YORK For the oil industry, Yahoo Inc's decision this week to sell its core business to Verizon Communications Inc for $4.8 billion does not matter all that much. Their world already changed a few months ago, when the company said it would jettison its messaging system that has been the norm for oil traders since the late 1990s.

Judge moves to end Sabine Oil's bitter bankruptcy

WILMINGTON, Del. A U.S. Bankruptcy judge said on Wednesday she would approve Sabine Oil & Gas Corp's plan of reorganization, which would clear the way for the Texas energy producer to exit Chapter 11 after a year-long battle with its creditors.

Looming price falls may force big miners to speed up asset sales

MELBOURNE/LONDON Three of the world's top five miners will need to step up asset sales in the second half of this year to meet a $14 billion full-year target as they race to cut debt, with a recent rally in commodities prices seen as short-lived.

« Previous Page Next Page »

Bernie’s brother captures social media in tearful tribute

It's a tearful night for some Bernie Sanders supporters at this year's Democratic National Convention, as delegates from all 57 U.S. states and territories cast their votes, ensuring Secretary Hillary Clinton the Democratic presidential nomination.