Featured StoryThe black gold rush on the roof of the world accelerated on Saturday.
Norway's Statoil ASA (NYSE ADR: STO) signed a massive deal with Russian behemoth Rosneft in a venture that may require more than $100 billion over the next few decades.
Specifically, the company aims to help Rosneft develop untapped oil resources in the Arctic, as Moscow struggles to gain a competitive...
ExxonMobil (NYSE: XOM) Earnings Miss – But Investors Should Stay Put
ExxonMobil (NYSE: XOM) earnings came up short this morning. The oil giant missed analysts' expectations by about 9 cents.
Steve Schaefer at Forbes runs down the numbers: