News tagged with oil companies

Apple stock breaks $500 level, continuing rally

(AP) -- Apple's stock broke above $500 for the first time Monday. It was the latest step in a rally that began more than two weeks ago, when the company reported staggering sales and profits for the holiday quarter.

Feb 13, 2012
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Canada unveils Arctic drilling rules

Canada's energy regulator rolled out new rules on Thursday allowing for alternative ways to deal quickly with blowouts in the Arctic other than drilling relief wells.

Dec 15, 2011
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Chevron suspends Brazil offshore drilling

US oil giant Chevron Corporation said on Thursday that it had suspended its current and future drilling operations off Rio de Janeiro state, following a crude oil slick in the area.

Nov 24, 2011
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Shell divers shut off North Sea oil leak

Divers working for oil giant Shell have turned off the valve which has been leaking oil into the North Sea causing the worst spill in the area for a decade, the company said Friday. ...

Aug 19, 2011
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