Several oil companies were targets of hackers seeking 'proprietary' data about global oil finds, cyber security firm AcAfee reported Thursday. All evidence points to cyber spies in China, it says.
Energy stocks are up, and crude oil prices have risen to $92 a barrel.
President Obama's commission to investigate the Gulf oil spill suggested wide-reaching reforms to avoid another disaster, including new oversight of the offshore-drilling industry.
Heating oil prices rose 6.25 cents and gas prices rose 3.83 cents while crude oil surged to over $89 a barrel after a leak shut down the 800-mile (1,300-kilometer) trans-Alaska pipeline.
Although Ghanaians are excited by commercial oil production, there is concern that Ghana isn't prepared to handle oil revenue properly.
Stock market loses 142 points after North, South Korea exchange fire and Federal Reserve lowers growth outlook.
The BP spill in the Gulf of Mexico caused a public outcry and savaged BP's share price. Image repair won't be easy.
Killing the well at this point was the easy part of the oil spill cleanup for the beleaguered corporate giant, whose image will be stained, and bottom line impacted, for years to come.