| Jul 30, 2013
| 11:09 AM
Los Angeles-based Occidental Petroleum, one of the largest crude oil producers in the country, said second-quarter profit held steady as production jumped in California and Texas while oil prices overseas declined.
The earnings report comes just a few...
| Sep 5, 2013
| 5:15 PM
Nearly six years after filing a federal lawsuit against seven companies and their related counterparts for allegedly contaminating the local groundwater supply with a gasoline additive, the Crescenta Valley Water District has finally settled with the...
| Jul 17, 2013
| 1:55 PM
The U.S. Air Force will consider leasing land on Vandenberg Air Force Base for private companies to extract offshore oil and gas from the central California coast, officials said Wednesday.
The proposal would allow oil companies to use onshore equipment...
| Aug 25, 2013
| 9:00 PM
In the 1980s, student protests against apartheid led universities to sell off stocks in companies doing business in South Africa. More recently, concerns about genocide in Darfur, the health effects of tobacco and handgun violence led to more college...
| Jul 15, 2013
| 1:09 PM
Nine companies have been fined for filing late or inadequate reports about their greenhouse gas emissions as required by the state, California air regulators announced.
The companies included Exxon Mobil Corp., which was fined $120,000 for filing late...
| Jul 14, 2013
| 3:37 PM
San Francisco-based Wells Fargo & Co. topped the ranks of corporate giving in 2012, climbing ahead of Wal-Mart Stores Inc., according to a new survey of 100 companies released Sunday by the Chronicle of Philanthropy.
Wells Fargo gave away $315.8 million...
| Jul 3, 2013
The May jobs report shows that the American economy added 175,000 positions. Positive employment growth is welcome news, of course. But May's gains weren't big enough to make a dent in the national joblessness rate, which actually ticked up to 7.6%....
| Aug 12, 2013
| 6:25 PM
MEXICO CITY -- Reforms to Mexico's energy sector proposed Monday by President Enrique Peña Nieto will limit private companies to sharing profits with the state oil monopoly, an approach used only by Iran, Ecuador and Bolivia, said Energy Secretary Pedro...
| Aug 6, 2013
| 5:41 AM
NEW YORK (AP) — New troves of oil have been found all over the globe, and oil companies are taking in around $100 for every barrel they produce. But these seemingly prosperous conditions aren't doing much for Big Oil: Profit and production at the...
| Jul 4, 2013
| 10:44 AM
Having lived in Baltimore for two decades, I've noticed an increased intensity of the storms we've had in just the last few years. From Hurricane Sandy to last summer's derecho, extreme weather is causing huge power outages and putting peoples' lives...
| Jul 4, 2013
| 3:29 PM
NEW YORK (AP) — Gasoline prices are on a summer slide, giving U.S. drivers a break as they set out for the beach and other vacation spots for the Fourth of July.
The national average for a gallon has fallen for 21 days straight and is now below...