Royal Dutch Shell Plc, Repsol SA and BG Group Plc are among international oil companies to express interest in Colombian deep-water blocks after contract terms were sweetened, a government official said.
Colorado regulators approved groundbreaking controls on emissions from oil and natural gas operations after an unusual coalition of energy companies and environmentalists agreed on measures to counter worsening smog.
Anadarko Petroleum Corp. and its Kerr-McGee unit should pay $20.8 billion for environmental cleanup and related cancers in towns including Avoca, Pennsylvania, and not be allowed to cut the amount to $850 million, Tronox Inc. creditor trusts and the U.S. said.
The Standard & Poor’s 500 Index dropped the most since June and emerging-market stocks extended the worst start to a year since 2009 as data from China to the U.S. signaled a slowdown in manufacturing. Treasuries rose and gold rallied while copper capped its longest slump in 18 years.
Statoil ASA is the giant of Norway’s economy, accounting for almost 20 percent of Oslo’s benchmark index. The state oil producer also looms large emotionally, as a symbol of Norway’s resource wealth and engineering prowess.