Energy, Mining & Utilities

When the levees that protected Chalmette gave way to Hurricane Katrina on Aug. 29, about 1,800 homes were inundated with floodwaters carrying nearly 1.1 million gallons of oil from a nearby refinery. Read More

For months a pitched battle has been fought between communities that claim authority over this village and the right to control what lies beneath its watery ground: a potentially vast field of crude oil that has caught the attention of a major energy company. Read More

The corruption-prone country expects oil revenues to total $160 billion by 2025. Read More

Evo Morales, an Aymara Indian who grew up in childhood poverty, has won the Bolivian presidential elections. He is part of a wave of leftists taking power in Latin America and challenging multinational corporations. Read More

The former chief accounting officer of Enron pleaded guilty today to a single felony charge of securities fraud and agreed to cooperate with federal prosecutors, giving a significant lift to the government's case against the two leading figures in the scandal over Enron's collapse. Read More

One of the paradoxes of the Kyoto Protocol on climate change is that companies in Russia and other Eastern European countries, which are among the world's largest producers of greenhouse gases, are poised to earn hundreds of millions of dollars through trading their rights to release carbon dioxide into the air. Read More

Months of investigation by The New York Times revealed a level of contacts and financial support to the military not fully disclosed by Freeport, despite years of requests by shareholders concerned about potential violations of American laws and the company's relations with a military whose human rights record is so blighted that the United States severed ties for a dozen years until November. Read More

A scandal has rocked the $64 billion global diamond business and tarnished the credibility of one the industry's biggest players,according to a news report Tuesday. Read More

An antitrust lawsuit filed against Exxon Mobil Corp. and BP PLC claims the two oil giants are restricting the nation's supply of natural gas and keeping prices at record highs. Read More

Venezuela has given the world's biggest oil company, ExxonMobil, until the end of this year to enter a joint venture with the state. Failure to do so will almost certainly result in Exxon losing its oil field concessions in the country. Venezuela's socialist government has now signed new agreements with almost all foreign petroleum companies. After months of pressure from left- wing leader Hugo Chavez most foreign oil firms working there have caved in. Read More