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* Efforts to settle case seen as part of capital strategy * Halliburton shares rise 3.7 pct on share buybacks * Prospect of global settlement of liability deemed remote (Adds expert comment, Halliburton legal costs total) By Braden Reddall and Mica Rosenberg July 26 (Reu
Read more* Efforts to settle case seen as part of capital strategy * Halliburton shares rise 3.7 pct on share buybacks * Prospect of global settlement of liability deemed remote By Braden Reddall and Mica Rosenberg July 26 (Reuters) - BP Plc appeared to gain an edge in the battle o
Read moreBy Mica Rosenberg NEW YORK, July 26 (Reuters) - A U.S. appeals court on Friday upheld a ruling against Exxon Mobil Corp ordering the company to pay $105 million in damages for polluting New York City's groundwater with a toxic gasoline additive. The U.S. Second Circuit Court of Appeal
Read morePARIS, July 26 (Reuters) - French oil major Total will update its oil and gas output growth target of 2-3 percent in 2013 at an investor day in September if needed, Chief Financial Officer Patrick de La Chevardiere said on Friday. "We will wait until the September presentation (in London)
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Halliburton, the US contractor that worked for BP on the Deepwater Horizon oil rig, has confessed to destroying evidence relating to the explosion in 2010. The US Department of Justice announced late Thursday that the company, which supplied cement for the Macondo oil well, would pay the maximum fi
Read more* Q2 adjusted net profit 2.7 bln euros vs consensus 2.62 bln euros * First year-on-year rise in output since 2010 * CEO says further changes in downstream business necessary * Q2 dividend 0.59 euros a share * Shares flat By Michel Rose PARIS, July 26 (Reuters)
Read moreBy Yereth Rosen ANCHORAGE, Alaska, July 25 (Reuters) - A proposal to truck liquefied natural gas from Alaska's North Slope 400 miles south (640 km) to Fairbanks is economically and technically feasible and an improvement for the environment, according to a report issued on Thursday by a sta
Read more* Third company to plead guilty over Gulf spill * Halliburton to pay $200,000 fine * $55 million to be donated to fish and wildlife group July 25 (Reuters) - Halliburton Co has agreed to plead guilty to destroying evidence related to the 2010 Gulf of Mexico oil spill, the U.S. D
Read moreJuly 25 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com. AVIVA The Asia arm of the financial services company appointed Trang Nguyen Ngoc as general director of VietinBa
Read more* Seeks role in project to boost Azeri exports * Total declared 150-300 bcm gas resources in major find * Absheron part of generation to follow Shah Deniz field By Lada Evgrashina BAKU/MOSCOW, July 25 (Reuters) - Russian oil major Rosneft is seeking a stake in Azerbaijan'
Read more* Second-quarter adj earnings per share C$0.62 vs est C$0.57 * Total production up 10 pct at 310,000 boe/day * Cash flow jumps 26 percent * Says reduced volumes at Terra Nova field to hurt 3rd-qtr output July 25 (Reuters) - Husky Energy Inc, Canada's No. 3 integrated oil c
Read moreJuly 25 (Reuters) - Husky Energy Inc, Canada's No. 3 integrated oil company, reported a 40 percent jump in second-quarter profit due to higher refining margins. Net income rose to C$605 million ($588.1 million), or 59 Canadian cents per share, from C$431 million, or 43 Canadian cents per sh
Read moreNEW ORLEANS, July 24 (Reuters) - A Louisiana agency sued 97 oil companies - including BP Plc, Exxon Mobil Corp , Chevron Corp and Royal Dutch Shell Plc - in state court on Wednesday for allegedly damaging hundreds of miles of sensitive wetlands by cutting through them with pipelines and transpor
Read moreBUENOS AIRES, July 24 (Reuters) - Argentina's giant Vaca Muerta shale oil and gas field has 661 billion barrels of oil and 1,181 trillion cubic feet of natural gas resources, according to estimates by state-run energy firm YPF in a presentation seen by Reuters. Argentina last week relaxed r
Read moreBUENOS AIRES, July 24 (Reuters) - Argentina's giant Vaca Muerta shale oil and gas field has 661 billion barrels of oil and 1,181 trillion cubic feet of natural gas resources, according to estimates by state-run energy firm YPF in a presentation seen by Reuters. YPF operates in 3 million net
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