Exxon Mobil Corp said on Thursday its 2012 oil and natural gas output would drop 3 percent from last year even as it increases spending to bring several large new projects on line, pushing its shares lower.
Swiss mining giant Xstrata PLC said Thursday it will pay $500 million in cash to Talisman Energy Inc. for its Sukunka hard coking coal deposit in northern British Columbia, Canada.
Chrysler Group LLC's top executive declined a salary and bonus for a second straight year in 2011, when the Detroit automaker repaid more than $7 billion in government loans from its bankruptcy restructuring nearly three years ago.
The head of Qatar Airways, usually one of the aircraft industry's fiercest critics, expressed confidence that Airbus and Boeing would resolve a series of high-profile glitches but warned against further production delays.
A union representing the support staff at Canada's largest airliner -- which includes 8,600 mechanics, cargo agents, baggage handlers and maintenance staff -- said it would strike against its patron starting Monday, after having rejected a government-mediated four-year contract deal for its members. Government intervention is seen likely
Campbell's announced that they will phase the controversial chemical BPA out from all of its cans. The announcement comes as the FDA considers a ban on BPA in all food and drink packages.
Will the new iPad be compatible with the Smart Cover that was rolled out last year with the iPad 2?
Apple Inc. (Nasdaq: AAPL) unveiled a faster iPad tablet with a sharper display and the ability to connect to the Internet on 4G broadband networks.
Chrysler Group, LLC is recalling over 200,000 2004 and 2005 Jeep Liberty SUVs due to a danger of corrosion to their rear suspension.
A Texas jury found Allen Stanford, Texan financier, multi-billionaire and cricket mogul, guilty of $7 billion fraud Tuesday.
Senate Republicans' push for a vote to authorize the $7 billion Keystone XL oil pipeline project gained momentum Tuesday after Democrats failed to end debate on a major transportation bill.
Hasbro Inc is cutting about 170 jobs as the second-largest U.S. toy company tries to recover from sluggish sales during the holiday season.
Molson Coors Brewing Co said on Tuesday it will launch Coors Light Iced Tea and other new products, as the beer company fights to win a greater share of the struggling beer market.
A friend said Tequila had tried to kill herself all week.
One of the largest annual technical conferences, South by Southwest (SXSW), will begin Friday, March 9 and last until Sunday, March 18. Here is a full list of the SXSW 2012 music lineup for South by Southwest from March 13-18.
Democratic lawmakers called on the country's futures regulator to crack down on excessive speculation in oil markets as rising gasoline prices moves to the forefront of the election campaign.
Mazda Motor Corp. set the price of an approximately $1.67 billion share offering at a discounted ¥124 per share, roughly $1.53, on Monday in the hopes that the money raised can help fund a return to profitableness for the struggling Japanese car manufacturer.
Outdoor ice hockey - long a staple of growing up in Canada - is shrinking in season length thanks to global warming, researchers said Monday.
BP's pipeline carrying crude from the oil hub of Cushing, Oklahoma, to its refinery in Whiting, Indiana, began increasing rates on Friday, data monitor Genscape said on Sunday.
Enbridge Inc said on Sunday it has no indication yet when it can restart a major U.S. Midwest oil pipeline after a deadly vehicle accident in Illinois the day before caused an oil leak and fire, forcing the company to shut down the line.
Gas prices are a potent weapon in an election year. TransCanada Corp's proposed $7-billion Keystone XL pipeline, which would move 800,000 barrels of oil a day from Alberta, Canada, to the Texas Gulf, has suddenly become an inalienable part in the election rhetoric.
As gasoline prices rise around the country, topping $4 per gallon in many cities, President Barack Obama faces increasing pressure about his long-term energy policy. In his weekly radio address, Obama said that stronger auto mileage standards set under his administration, and better-built cars made in the U.S., will help Americans save money in the long term.
