| Aug 28, 2014
| 6:41 AM
OSLO, (Reuters) - Climate change is aiding shipping, fisheries and tourism in the Arctic but the economic gains fall short of a "cold rush" for an icy region where temperatures are rising twice as fast as the world average.
A first cruise ship will...
| Jun 3, 2014
| 12:17 PM
A pickup in offshore drilling is swelling the order books of the handful of helicopter operators that shuttle oil workers to and from remote rigs. Their stock prices, depressed after Big Oil's recent spending cuts, could also be readying for take-off....
| Apr 24, 2014
| 6:16 PM
In the ongoing battle over offshore drilling, a federal judge in Alaska told regulators Thursday to redo an environmental impact study that underestimated the amount of recoverable oil and, potentially, the risks to delicate Arctic habitat.
| Jan 2, 2014
| 5:43 PM
Texas billionaire T. Boone Pickens thinks his long bet on natural gas is finally paying off.
The legendary oilman has long declared it his mission to wean America off its addiction to foreign oil. He co-founded an Orange County company that builds...
| Jan 22, 2014
| 10:19 PM
SEATTLE — The U.S. government violated the law when it opened millions of acres of the Arctic Ocean to offshore oil drilling, a federal appeals court ruled Wednesday, possibly delaying plans by companies such as Royal Dutch Shell to drill off the...
| Nov 13, 2013
| 12:58 PM
Brazil is poised to triple oil production in the next two decades and become a top producer by 2035 if the country can develop its massive offshore reserves.
Brazil could jump to No. 6 on the world's top producer list by 2035, up from 12th currently,...
| Apr 3, 2014
| 6:59 PM
SEATTLE — A Coast Guard investigation into the 2012 grounding of the Kulluk, an offshore drilling rig operated by Royal Dutch Shell in the harsh Arctic, blasted the oil company for legal violations, poor management and taking undue risks,...
| 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...
| Feb 2, 2014
The State Department is probably right to conclude, as it did Friday, that the proposed Keystone XL oil pipeline project would have a negligible effect on climate change. Even though the extraction of the oil would certainly cause significant pollution,...
| 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...
| 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,...