In battle of oil exchanges, New York turbocharged by exports
In the battle for supremacy between the world’s two largest oil exchanges, one of them is enjoying a turbo charge from the U.S. government.
In the battle for supremacy between the world’s two largest oil exchanges, one of them is enjoying a turbo charge from the U.S. government.
Statoil is said to have expressed an interest in New York’s commercial wind lease sale which will launch next month.
A commercial wind lease sale in December is set to offer 79,350 acres offshore New York.
Exxon Mobil Corp. is headed to a courtroom in New York for the first time to try to block the state’s demand for accounting documents about how climate change will affect its finances.
The Attorney General of New York is investigating ExxonMobil's accounting practices and why they company hasn't written down the value of its assets, despite a steep drop in oil prices, according to reports.
Massachusetts became the latest state investigating whether Exxon Mobil Corp. misled investors and the public about how climate change may affect its business.
Oil engineering firm Willbros Group has been warned its stock could be de-listed from the New York Stock Exchange. The move will happen unless the company trades at an average of $1 a share over a 30-day period. The company said in 10 days it will tell the NYSE how it aims to get back into compliance with the group’s listing standards within six months.