PT Pertamina, Indonesia’s state-owned oil and gas producer, signed its first agreement to import liquefied natural gas in a deal to take supplies from Cheniere Energy Inc.’s project in Corpus Christi, Texas.
For the second time in two weeks, U.S. Senate Republicans blocked one of President Barack Obama’s nominees for a federal appeals court considered the nation’s second-highest because of its influence over government regulations.
JPMorgan Chase & Co. said that the U.S. Department of Justice is conducting at least eight separate investigations into the bank’s activities, ranging from recruitment in Asia to its relationship with Ponzi scheme operator Bernard Madoff.
Barclays Plc failed to pay $488 million in fines and disgorgement demanded by the U.S. Federal Energy Regulatory Commission for rigging California electricity prices, the agency said in a court petition seeking to enforce the July order.
Sullivan & Cromwell LLP and Bryan Cave LLP advised AT&T Inc. in an agreement to sell or lease 9,700 wireless towers to Crown Castle International Corp. for $4.85 billion, giving it extra cash as it considers a European expansion.
Commodities traders who buy and sell as much as $5.67 trillion of raw materials a year say the benchmark prices for everything from oil to iron ore to gasoline are wrong as often as 27 percent of the time.