Chevron ready to divest $1billion worth of oil assets in Permian Basin
Chevron Corp, the multinational energy company, is planning to sell its old and gas fields valued at more than a billion dollars in the Permian Basin of Texas and New Mexico, the c
US Court Dismisses Suit Against Oil Companies Over Climate Change Costs
Climate change lawsuits filed by two California cities against fossil fuel companies were on Monday dismissed at the U.S. District Court in San Francisco, Northern California. Acco
BP share prices shoot up following reports of Shell takeover
Reports by The Daily Mail newspaper regarding Royal Dutch Shell having considered a takeover bid during the Gulf of Mexico oil spill resulted in oil major BP’s (British Petroleu