WASHINGTON (Reuters) - The chairman of the Senate's energy committee asked the Justice Department on Friday to investigate whether alleged price manipulation by three oil companies in Europe has boosted fuel prices for U.S. consumers.
WASHINGTON, May 16 (Reuters) - The chairman of the U.S. Senate's energy committee asked the Justice Department on Friday to investigate whether alleged price manipulation by three oil companies in Europe has boosted fuel prices for U.S. consumers.
MADRID, May 17 (Reuters) - Spanish energy regulator CNE on Friday accused three oil companies of colluding to hike fuel prices at the pump to protect their profits during a period of steep falls in demand in the midst of a deep recession.
The Obama administration is likely to please neither environmentalists nor the oil industry with its new plan to tighten standards for drilling on public lands . The plan offers "flexibility" to drillers by allowing them …
LONDON (Reuters) - A European investigation into alleged price rigging by major oil companies has drawn attention to leading price agency Platts and the way it sets oil price benchmarks.
* BG Group, OGX, Total, BP among winners at Brazil auction
* BG Group, OGX, Total, BP among big winners at Brazil auction
… Reuters) - Brazil's first oil exploration and production rights auction in five years ended one day early on Tuesday, with oil companies bidding up bonuses to a record 2.82 billion reais ($1.41 billion) to win blocks in 11 regions, the oil regulator …
RIO DE JANEIRO, May 14 (Reuters) - Oil companies OGX and Exxon Mobil Corp won Brazilian deepwater oil and natural gas exploration blocks in a frontier region of Brazil's Potiguar Basin at an auction on Tuesday.
RIO DE JANEIRO, May 14 (Reuters) - Oil companies Petrobras and UTC won Brazilian onshore oil and gas exploration blocks in a frontier region of Brazil's Potiguar Basin at an auction on Tuesday conducted by oil regulator ANP.