| Source: The Associated Press
General Motors Corp. shares took the biggest loss on the Dow Jones industrial average Friday, following a jump in oil prices and a surprise rise in home construction.
Stocks finished little changed on
Friday as surging oil prices lifted energy shares and offset
data that showed consumer confidence sank to its lowest in 28
years.
| Source: The Associated Press
Following is a summary of top stories in the energy sector Friday afternoon.
| Source: The Associated Press
General Motors Corp. shares took the largest midday loss on the Dow Jones industrial average Friday, giving back some of their Thursday gains.
Thursday, 15 May 2008 | Source: The Associated Press
Another proxy advisory firm on Thursday recommended shareholders vote to split the top leadership roles at Exxon Mobil Corp., joining a growing chorus of dissidents calling for change at the world's largest publicly traded oil company.
Thursday, 15 May 2008 | Source: The Associated Press
Natural gas in storage in the U.S. rose last week and is 0.2 percent above the five-year average for this time of year, a government report said Thursday.
Thursday, 15 May 2008 | Source: Reuters
CEO compensation at the biggest U.S.
corporations dropped sharply last year, reflecting in part the
rough business conditions at top-tier banks and other large
financial firms, a study has found.
Thursday, 15 May 2008 | Source: Reuters
By Martha Graybow
Thursday, 15 May 2008 | Source: The Associated Press
The lawyers aren't clearing their calendars just yet, but the oil industry is bracing for some courtroom battles to maintain its stake in Alaska's oil-rich fields now that the Interior Department has listed polar bears as a threatened species.
Wednesday, 14 May 2008 | Source: The Associated Press
Imperial Oil Ltd. failed Wednesday to get a judge to reinstate a key water permit to build a $8 billion oil sands mine in Northern Alberta.
Wednesday, 14 May 2008 | Source: The Associated Press
Despite contributing to massive, multibillion profits in recent quarters, record crude prices are not helping the world's big oil companies on many fronts, including some efforts to find more fossil fuel, the chief of ConocoPhillips said Wednesday.
Wednesday, 14 May 2008 | Source: The Associated Press
Crude-oil inventories rose last week for the fourth straight time, while gasoline stockpiles fell after an unexpected jump in the prior period, according to government data released Wednesday.
Wednesday, 14 May 2008 | Source: The Associated Press
Government data released Wednesday is expected to show that crude-oil inventories rose last week for the fourth straight period and that gasoline stockpiles fell.
Tuesday, 13 May 2008 | Source: The Associated Press
Rockefeller family members and other shareholders pushing to split the top leadership roles at Exxon Mobil Corp. gained another ally Tuesday when a proxy advisory firm came out in support of the effort.