The federal office in charge of collecting billions of dollars per year in oil and natural gas royalties is in the midst of a massive reorganization after a highly-publicized sex-and-gift scandal this summer, officials said today.
Washington Post
Scandal-Plagued Oil Agency Revamping Itself
As Fuel Prices Fall, Will Push For Alternatives Lose Steam?
Biofuel players range from the oil majors, such as BP and Royal Dutch Shell, to ethanol giants VeraSun Energy and Poet, to tiny firms like Solarzyme, which started in its founders' garage five years ago and is now testing an algae catalyst in a large commercial vat.
Washington Post: Court to decide Shell, Texaco gas case
Washington Post: Court to decide Shell, Texaco gas case
By James Vicini
Reuters
Monday, June 27, 2005
WASHINGTON (Reuters) – The U.S. Supreme Court said on Monday it would decide the antitrust liability of a joint venture that sets the same selling price for different brand products in a case involving a gasoline price-fixing lawsuit against Shell Oil Co. and Texaco Inc.
The justices agreed to hear appeals by the two oil companies of a U.S. appeals court ruling that the antitrust law’s automatic prohibition against price fixing applied to the economic arrangements under their two joint ventures.