Energy

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Alaska sues to block low-sulfur fuel requirement for ships

ANCHORAGE, Alaska, July 13 - The state of Alaska sued the Obama administration on Friday to block environmental regulations that would require ships sailing in southern Alaska waters to use low-sulfur fuel.

US WCoast Products - Gasoline retreats on easing supply worries

HOUSTON, July 13 - Gasoline retreated in the Los Angeles spot market on Friday as fears about supply eased, traders said.

Industrials 13 Jul 2012

JPMorgan refuses to hand over emails in energy manipulation case

NEW YORK, July 13 - JPMorgan Chase & Co reasserted attorney-client privilege as the reason it will not hand over emails to U.S. regulators investigating the bank for possible electricity market manipulation, according to court documents filed on Friday.

Petrobras, Sete Brasil sign contract to build drilling rigs

SAO PAULO, July 13 - Brazilian state-controlled oil company Petrobras on Friday signed an agreement with oil equipment maker Sete Brasil for the construction of six drilling rigs in the South American nation.

Stocks, Markets, Industrials 13 Jul 2012

Q+A-U.S. attempts to stop Iran from circumventing sanctions

WASHINGTON, July 13 - The United States this week took additional measures to prevent Iran from circumventing economic sanctions to stop the country from acquiring nuclear weapons. The U.S. Treasury identified Tehran's main tanker firm - National Iranian Tanker Company - and dozens of its vessels as government-controlled entities. The U.S. Treasury also identified four fronts for the National Iranian Oil Company.

Industrials, Financials 13 Jul 2012
Energy
Exxon Mobil Corp $85.47 +1.60%
Chevron Corp $106.01 +0.93%
Schlumberger NV $66.72 +2.03%

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