SEC charges Atlas Pipeline shareholder Cooperman with insider trading
By Mark Curriden of The Texas Lawbook The U.S. Securities and Exchange Commission has charged a New York hedge fund manager with violating federal insider trading laws involving the 2010 purchase of securities of Atlas...
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Firing at Energy Department prompts criticism from Congress
WASHINGTON – Texas Congressman Lamar Smith, long a critic of the Obama administration’s treatment of climate change as a scientific priority, wants to know whether the Department of Energy terminated one of its scientists for...
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Pipeline disruption ending, but effects could linger
The pricing effects could linger for a while longer as the new gasoline supply takes a while to reach its markets in the Deep South and along the Eastern seaboard. The Department of Energy noted...
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Oil and gasoline inventories decline more than anticipated
Commercial crude inventories fell by 6.2 million barrels, while gasoline stockpiles declined by 3.2 million barrels. However, both remain near historically high levels, according to the U.S. Department of Energy. The only sizable buildup came...
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Nigeria sues over $12 billion in ‘illegal’ oil exports
LAGOS, Nigeria — Nigeria is suing several leading oil companies for $12.7 billion of crude oil that allegedly was exported illegally to the United States between 2011 and 2014, officials said Tuesday. The Federal High...
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