oil firms

The punch of Hurricane Gustav appears to have landed not as hard as expected on the nation's vast energy complex along the Gulf Coast.

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Chevron and Total are the latest major oil companies to report strong results thanks to high oil prices.

T. Boone Pickens is a guy who has one of those names that sounds made up, but his fortune is very real. Now he’s diversifying his portfolio with green energy tech.

Here’s more from Contrarian Profits:

Crude oil soared as high as US$135 a barrel last week - more than double the price of a year ago.

But big oil firms like ExxonMobil WILL NOT be cashing in on the next phase of the energy boom.

The two biggest oil companies in Nigeria cut production in response to strikes and attacks by militant groups.

Foreign oil firms operating in Venezuela will pay higher taxes on profits made in the country, under new laws.

Iraq names 35 foreign energy firms which it will consider for contracts to develop its potentially lucrative oil and gas industry.

US lawmakers take the oil industry to task over huge profits as ordinary Americans struggle with high fuel prices.

Venezuela pays $1.8bn in compensation to three oil firms, isolating Exxon in its dispute with the country.

Nigeria's government tells all oil firms that fled militant attacks in the Niger Delta to return or cease work.