New York appeals court has lifted a ban on the $18bn judgment against the oil giant, Chevron for environment damage in Ecuador.
A U.S. appeals court reversed an order freezing enforcement outside of Ecuador of an $18 billion damages award against Chevron Corp over pollution in the Amazonian rain forest.
Missoni for Target was a red-hot hit at launch this week, but the Italian designer's special collection for the retailer has left some customers confused while reseller Internet sites like eBay have experienced a boom.
While most Target stores nationwide are sold out of the retailer's red hot Missoni for Target collection items, eBay has exploded with products for resale.
Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.3 percent, the Dow Jones down 0.28 percent and the Nasdaq 100 down 0.36 percent by 0938 GMT (5:38 a.m. ET).
Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 1 percent, Dow Jones futures up 0.79 percent and Nasdaq 100 futures up 0.97 percent at 0900 GMT (5 a.m. ET).
Chevron Corp has made a deepwater discovery in the Gulf of Mexico at the Moccasin prospect, the site of the first exploratory well permit after the end of last year's deepwater moratorium.
Whether Hurricane Katia will have any impact on the United States is still uncertain, but forecasters are keeping a watchful eye on a new tropical threat in the Gulf of Mexico.
Exxon Mobil Corp and Rosneft on Monday announced a deal to extract oil and gas from the Russian Arctic, marking a significant milestone in Russia's patchy history with foreign corporate investors.
Exxon Mobil and Rosneft, Russia's top crude oil producer, announced a strategic agreement on Tuesday to jointly develop oil in the Russian Artic.
Australia-based Allied Gold Mining plc said Wednesday it is not concerned about possible changes to legislation in Papua New Guinea regarding resource extraction.
Venezuela received an enviable honor last month: OPEC said it is sitting on the biggest reserves of crude oil in the world -- even more than Saudi Arabia.
A federal panel sketched out its first vision of a regulatory roadmap for the booming shale natural gas industry on Thursday, urging more transparency on the use of chemicals and more careful treatment of waste water.
Market capitalization, also called market cap, means the total dollar market value of a company's all outstanding shares. It represents the aggregate value of a company or stock.
Stocks ended the worst week in a year as time runs out on Washington to reach agreement before the government loses its ability to borrow money.
Chevron Corp, the second-largest U.S. oil company, booked a 43 percent jump in quarterly profit, beating estimates as high oil prices and fat refinery margins offset weaker output.
