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Supreme Court hands oil industry major win in Louisiana energy lawsuit
Commentary: The Supreme Court ruled unanimously that a Louisiana environmental lawsuit against Chevron must be heard in federal court, a major win for the oil industry.
Michigan sues oil companies, saying they colluded to restrain EV competition
Michigan Attorney General Dana Nessel filed an antitrust lawsuit accusing major oil companies of colluding to block renewable energy and electric vehicles.
Seeking elusive ‘alpha,’ investors scour the globe
NEW YORK — You can leap off a mountainside in extreme skiing, kick and claw to near death in extreme fighting and twist yourself into a pretzel in extreme yoga. […]
Exxon facing questions about natural gas push
DALLAS — Exxon rode higher oil prices to a $30 billion profit last year. But shareholders at its annual meeting Wednesday are likely to ask pointed questions about its big […]
A short-lived attempted smackdown on Big Oil
The call to end federal subsidies to the big oil companies was pretty short-lived. Spurred in part by anger of gas prices north of the $4 mark, the so-called “Close […]
Cardin, Gansler criticize oil company tax breaks at Baltimore Shell station
U.S. Sen. Ben Cardin and Maryland Attorney General Doug Gansler held a press conference Monday afternoon outside of the Shell gas station on Russell Street in Baltimore, criticizing subsidies and tax breaks for the five biggest oil companies: Exxon Mobil, Shell, Chevron, BP and Conoco Phillips.
Sen. Cardin pushes to end tax breaks for oil companies
Sen. Benjamin Cardin is pushing for an end of $4 billion a year in subsidies and tax breaks for the five biggest oil companies. Maryland Attorney General Doug Gansler will […]
Chevron fined $8 billion in Ecuador
QUITO, Ecuador — An Ecuadorean judge ruled Monday that Chevron Corp. was responsible for oil contamination in a wide swath of Ecuador’s northern jungle. The plaintiffs’ attorney says the company […]
Banking, other deals drive stock indexes higher
NEW YORK — Financial companies led the stock market higher Tuesday after another big banking deal raised hopes that more acquisitions could be on the way. Toronto-Dominion Bank is buying […]
Caterpillar’s purchase of Bucyrus spotlights M&As
Big deals are a big deal again. From Caterpillar to Chevron to Google, some of the best-known names in corporate America are scooping up smaller companies, finally putting the piles […]
