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  • Early Glance: Oil companies Thursday, 10 Jul 2014 | 11:01 AM ET

    BP PLC fell$. 47 or. 9 percent, to $51.85. ConocoPhillips fell $1.35 or 1.6 percent, to $84.45. Exxon Mobil Corp. fell$. 88 or. 8 percent, to $102.67.

  • LONDON, July 9- The U.S. Department of Defense has been using the wrong oil price in its budget, leaving the largest single buyer of fuel in the world with liabilities potentially hitting billions of dollars.

  • NEW YORK, July 9- Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world's largest producer of crude oil, most analysts agree. "The key issue is not whether production grows, it's by how much," said Ed Morse, global head of commodities research at Citigroup in New York.

  • *BP, Anadarko, IBV are partners in areas hit by writedown. Maersk bought the assets from South Korea's SK Energy Co Ltd for $2.4 billion in 2011. On Tuesday, Brazil's HRT Participacoes em Petroleo SA said it bought Maersk's 40 percent Polvo stake for an undisclosed sum.

  • Midday Glance: Oil companies Tuesday, 8 Jul 2014 | 1:41 PM ET

    BP PLC fell$. 37 or. 7 percent, to $52.25. ConocoPhillips fell$. 01 or percent, to $86.09. Exxon Mobil Corp. rose$. 06 or. 1 percent, to $102.71.

  • Court examines charges in 2010 BP disaster deaths Tuesday, 8 Jul 2014 | 12:17 PM ET

    NEW ORLEANS— Prosecutors tried Tuesday to persuade a federal appeals court to reinstate some of the manslaughter charges against two BP employees in a case arising from the deaths of 11 workers in the 2010 Deepwater Horizon rig explosion in the Gulf of Mexico.

  • *BP, Anadarko, IBV are partners in areas hit by writedown. Maersk bought the assets from South Korea's SK Energy Co Ltd for $2.4 billion in 2011. On Tuesday, Brazil's HRT Participacoes em Petroleo SA said it bought Maersk's 40 percent Polvo stake for an undisclosed sum.

  • Early Glance: Oil companies Tuesday, 8 Jul 2014 | 10:30 AM ET

    BP PLC fell$. 04 or. 1 percent, to $52.58. ConocoPhillips rose$. 42 or. 5 percent, to $86.52. Exxon Mobil Corp. rose$. 35 or. 3 percent, to $103.00.

  • PARIS, July 8- Europe should stop thinking about cutting its dependence on Russian gas and focus instead on making those deliveries safer, including options to bypass Ukraine, the head of French oil major Total told Reuters.

  • LONDON, July 7- Exploring for oil and gas is like gambling: it's all about playing probabilities, and using technology and skill to improve the odds.

  • Final Glance: Oil companies Thursday, 3 Jul 2014 | 5:15 PM ET

    BP PLC fell$. 23 or. 4 percent, to $53.15. ConocoPhillips rose$. 54 or. 6 percent, to $86.40. Exxon Mobil Corp. rose $1.02 or 1.0 percent, to $102.59.

  • Midday Glance: Oil companies Thursday, 3 Jul 2014 | 1:17 PM ET

    BP PLC fell$. 23 or. 4 percent, to $53.15. ConocoPhillips rose$. 50 or. 6 percent, to $86.36. Exxon Mobil Corp. rose $1.04 or 1.0 percent, to $102.61.

  • Early Glance: Oil companies Thursday, 3 Jul 2014 | 10:30 AM ET

    BP PLC fell$. 29 or. 5 percent, to $53.09. ConocoPhillips fell$. 03 or percent, to $85.83. Exxon Mobil Corp. rose$. 51 or. 5 percent, to $102.08.

  • Parnell: Pipeline agreement signed Wednesday, 2 Jul 2014 | 6:32 PM ET

    Sean Parnell says an agreement has been signed that allows for the next stage in pursuing a major liquefied natural gas project. The parties involved are BP, ConocoPhillips, ExxonMobil Corp., TransCanada Corp., and the Alaska Gasline Development Corp.. ConocoPhillips was previously a holdout to signing because of issues the company said were confidential.

  • Greece promises tax cut to attract oil and gas majors Tuesday, 1 Jul 2014 | 11:14 AM ET

    *Greece plans to cut tax for oil/gas firms to 25 pct from 40 pct. LONDON, July 1- Greece is planning to cut tax rates for oil and gas companies as it wants to attract them to help exploit its untapped offshore hydrocarbon resources, its energy minister said on Tuesday.

  • With a budget dependent on oil revenues, Russia closely watches any changes in world supply, and news of a U.S. ruling that American companies can now export the light gaseous petroleum known as condensate prompted some analysts to see a fight for market share in Asia.

  • MOSCOW, July 1- Russian aluminum giant Rusal has approval for a $3.6 billion debt restructuring deal from another of its creditors German financial services provider Portigon AG, two sources familiar with decision said. The deal has yet to be approved by one creditor- Britain's part-nationalized lender Royal Bank of Scotland, one source told Reuters.

  • Philly Tankers AS, majority-owned by Aker Philadelphia Shipyard is building four ships on spec, and Seabulk Tankers Inc, an indirect wholly-owned subsidiary of SEACOR Holdings Inc, is building another two.

  • DETROIT, June 30- General Motors Co's ongoing safety crisis over deadly ignition switches deepened on Monday with the recall of 8.23 million mostly older cars linked by the U.S. automaker to three deaths.

  • Drone access to US skies faces significant hurdles Monday, 30 Jun 2014 | 5:07 PM ET

    The FAA also hasn't set standards for certifying the safety of drone designs and manufacture like those that exist for manned aircraft, the report said. But the FAA also isn't getting cooperation from the Defense Department, which has a wealth of data on drone accidents and incidents, the report said.