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[[BP]] says it will lead a $6B next stage development of the giant Azeri-Chirag-Deepwater Gunashli oilfield complex offshore Azerbaijan. BP says the Azeri... [Read More]
L Brands (LB) says it reached agreement with Barington Capital in which the hedge fund will withdraw its proposed board nominees and instead serve as... [Read More]
Uber (UBER) scores a much-needed funding boost for its ambitious self-driving unit, raising $1B from a consortium of investors including SoftBank (SFTBY) a... [Read More]
Pfizer (PFE) and Eli Lilly (LLY) say a lower dose of a non-opioid painkiller developed by the two companies failed to meet main goals in... [Read More]
A North Carolina Senate committee approves a controversial bill that would allow Duke Energy (DUK) to request rate increases to fund specific projects for... [Read More]
Southern Co. (SO) agrees to sell the Nacogdoches Generating Facility to Austin Energy for $460M. The 115 MW plant serves electricity needs in Austin, Tex.,... [Read More]
Air Canada (ACDVF) says its Boeing (BA) 737 MAX pilots are reviewing aircraft systems and alternative flight conditions for the grounded planes, and it wil... [Read More]
General Motors (GM) CEO Mary Barra received a compensation package worth just under $22M in 2018, less than 1% below the previous year, according to a... [Read More]
Public Service Enterprise Group (PEG) and Exelon (EXC), owners of the Hope Creek and Salem nuclear power plants, could receive as much as $300M/year in... [Read More]
CenterPoint Energy (CNP) appoints former Southern Co. executive Xia Liu as its new CFO, effective April 22. Liu spent more than 20 years at Southern,... [Read More]
Stocks closed higher ahead of the three-day weekend, as Wall Street absorbed a heavy dose of mostly positive corporate earnings reports and solid U.S. reta... [Read More]
Exxon Mobil (XOM) announces a new oil discovery offshore Guyana at the Yellowtail-1 well, adding to the previously announced 5.5B boe of estimated recovera... [Read More]
Kinder Morgan ([[KMI]] -1.6%) shares have jumped 28% YTD but will continue to attract investors focusing on the importance of returns over growth and as... [Read More]
Prosecutors in California reportedly have seized parts from several PG&E ([[PCG]] -3.8%) transmission towers for testing at the FBI laboratory in Quantico,... [Read More]
Ecolab ([[ECL]] +0.2%) wavers between slight gains and losses as analysts diverge in their views on the company, with Nomura upgrading shares to Buy from... [Read More]
CF Industries ([[CF]] +0.7%) edges into the green even after BofA Merrill Lynch slashes shares to Underperform from Buy with a $38 price target, cut from... [Read More]
Honeywell ([[HON]] +3.7%) is evaluating the revenue potential from supplying parts for Boeing's proposed new mid-sized jetliner program, which likely will... [Read More]
The Federal Energy Regulatory Commission approves construction of two proposed liquefied natural gas export terminals, Tellurian's ([[TELL]] -0.6%) Driftwo... [Read More]
The total count of active drilling rigs in the U.S. tumbled by 10 to 1,022 after falling by three in the previous week, says the... [Read More]
Noble Corp. ([[NE]] -0.2%) says Exxon Mobil signed the Noble Don Taylor drillship for a one-year contract for work offshore Guyana starting in October, acc... [Read More]
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