Chevron has signed agreements with Morocco officials that give the US company rights to explore for oil in three offshore sites, Alic writes. Chevron and other oil majors are hardly shaken by recent events in the North African Sahel, she adds, including the Algeria hostage crisis.
Islamist militants have taken gas plant workers from at least ten countries - including the United States - hostage in the Saharan desert.
Jan Koninckx, global director of biofuels for DuPont Industrial Biosciences, discusses 2nd generation biofuels with Robert Rapier of Consumer Energy Report.
Transocean, Ltd., agreed Thursday to a $1.4 billion settlement with the US Department of Justice for its role in the 2010 Deepwater Horizon disaster. Compared to BP's $4.5 billion fine, Transocean may have avoided the brunt of the blame.