| Jan 30, 2014
| 11:32 AM
Occidental Petroleum reported higher profits in the fourth quarter as the oil and gas producer seeks to revamp its business after a boardroom shakeup last year.
The Los Angeles company reported profits of $1.6 billion, or $2.04 a share, in the quarter...
| Jan 16, 2013
Daniel J. Edelman, 92, who built one of the world's top public relations companies and pioneered celebrity endorsements and media tours, died of heart failure Tuesday at a Chicago hospital, said his son, Richard Edelman.
Edelman is credited with...
| Sep 21, 2012
| 12:43 PM
Shell has taken Greenpeace International to a Dutch court in an attempt to keep protesters at least 500 meters away from its properties -- or face fines of nearly $1.3 million or more. The court case was triggered by the latest round of Greenpeace...
| Dec 20, 2012
| 4:23 PM
Gov. Tom Corbett on Thursday defended his decision to let a businessman and campaign donor with ties to the Marcellus shale industry cover his and First Lady Susan Corbett's travel costs on a vacation to Rhode Island last year. In......
| Jul 25, 2013
| 2:36 PM
July 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
** Dell Inc founder Michael Dell raised his $24.4 billion bid by less than 1 percent just hours before it was to be put to a vote,...
| Aug 27, 2012
| 11:15 AM
Tropical Storm Isaac is curtailing oil production along the Gulf of Mexicoand threatening refineries, which could send already rising gasoline prices up another 10 cents in the coming week.
The U.S. Bureau of Safety and Environmental Enforcement, which...
| Aug 29, 2012
| 6:28 AM
NEW ORLEANS -- Gas prices shot up by nearly 5 cents a gallon nationwide Wednesday -- with one-day surges of as much as 14 cents in some states -- after Hurricane Isaac cut output from refineries along the Gulf Coast.
But experts say the price spike is...
| Aug 30, 2012
| 9:16 AM
Gas prices rose another 2.2 cents a gallon nationwide Thursday in the wake of Hurricane Isaac's landfall along the oil-producing Gulf Coast.
The increase, reported by the motorist group AAA, was less than half the prior day's rise, as refineries in the...
| Sep 9, 2012
| 4:24 PM
Royal Dutch Shell has begun preparatory drilling for an offshore oil well in the Arctic, the oil company announced Sunday, the first step in a long-controversial project.
U.S. authorities granted Shell permission to begin work on the well in the...
| Mar 31, 2011
Bernard B. Roth, founder of South Gate-based World Oil Corp. and an early promoter of self-service gas stations at a time when pumping your own gas was considered novel and possibly dangerous, has died. He was 95.
He died Sunday night at his Beverly...
| Oct 31, 2010
| 4:33 PM
In the most closely watched environmental election fight in the country, national conservation groups, Silicon Valley moguls, Hollywood celebrities and California politicians have waged a scorched-earth campaign against Valero Energy Corp., the nation's...