Topic: Oil and Gas Refining and Marketing

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World's cheapest gas: Top 10 countries

While Americans and Europeans bemoan the cost of gasoline at the pumps, people in some other parts of the world enjoy filling up their tanks cheaply thanks to subsidies provided by wealthy, oil-rich governments. Here are the 10 cheapest countries on Earth to fill a gas tank.
Oil reaches $100 a barrel: Five winners, five losers

With gasoline now at $3.37 per gallon – 20 cents higher than last week, and rising daily – who is profiting from higher prices and who is not?
Photos of the Day: Photos of the Day 1215

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Chesapeake Energy: Carl Icahn as investor? Sure!

Chesapeake Energy CEO says he would welcome the activist investor who often calls for change in management. Shares of Chesapeake Energy have plunged nearly 40 percent in less than two months.
Sunoco to be sold for $5.3 billion

Sunoco Inc. will be sold to natural gas company Energy Transfer Partners in a deal valued at about $5.3 billion. Sunoco had been looking to exit the refining business prior to the deal.
World's cheapest gas: Top 10 countries

While Americans and Europeans bemoan the cost of gasoline at the pumps, people in some other parts of the world enjoy filling up their tanks cheaply thanks to subsidies provided by wealthy, oil-rich governments. Here are the 10 cheapest countries on Earth to fill a gas tank.
Oil giant ConocoPhillips to split into 2 companies

ConocoPhillips shares jump almost 10 percent in premarket trading
The Daily Reckoning
Natural gas booming in Asia

Natural gas is becoming an increasingly popular source of energy in Asia. Soon, Australia may compete with Qatar as the biggest exporter of liquefied natural gas.
Oil reaches $100 a barrel: Five winners, five losers

With gasoline now at $3.37 per gallon – 20 cents higher than last week, and rising daily – who is profiting from higher prices and who is not?
Tony Hayward to step down; BP CEO will take job in Russia

Tony Hayward, the embattled BP CEO, will reportedly step down in October. Tony Hayward will take a job with BP's joint venture in Russia.
Texas oil firms behind California greenhouse gas initiative

Under a ballot initiative approved Tuesday, a California greenhouse gas law could be suspended until unemployment numbers improve. Critics say the initiative is a veiled attempt at advancing Big Oil's agenda.
Photos of the Day: Photos of the Day 1215
Will Medvedev's Russia tread more lightly on business?

The intense state scrutiny of private oil firm TNK-BP, now facing an environmental review, echoes Putin-era takeovers. The president-elect is reputedly more liberal.
Terrorism & Security
Kremlin charges two Russian-Americans with industrial espionage

Charges against two men, one of whom worked for oil giant and joint venture TNK-BP, may be part of an effort to increase Russia's control over oil resources.