Pioneer oil driller Chesapeake Energy decided to just drop their claims of retaining land leases after two years of legal battle with landowners.
Legal & Regulatory
Prime Minister David Cameron supports hydraulic fracturing
In an editorial on the Daily Telegraph, Prime Minister David Cameron gave his backing for hydraulic fracturing.
Mexico to reform laws to allow private concessions on its energy sources
Mexico’s policies on making their oil and gas resources hands-off from private companies has lasted 75 years. They now intend to reform these laws, seeing a potential massive growth since its North American Free Trade Agreement (NAFTA) about twenty years ago.
Powerball winners high chance of becoming losers
The latest winner of the Powerball jackpot face great financial issues in the future. One of the largest prizes for a Powerball lottery was won by a group of New Jersey employees.
The cost of NSA leaks on cloud computing
One of the first victims of the Snowden affair was the closure of secure email service provider Lavabit.
Latest News
Analysts told Reuters that British Prime Minister David Cameron needs a symbolic triumph before he can ask Britons to support continued membership of the European Union.
French President Francois Hollande said he would continue to stimulate the jobs market to chip down the soaring unemployment numbers in the country.
President Barack Obama proposed the gradual elimination of Fannie Mae and Freddie Mac to speed up recovery in the housing sector.
US District Judge Denise Cote is considering the possibility of restricting Apple from making contracts with publishers for five years.
Philip Falcone's Harbinger Capital filed a lawsuit against Deere & Co and Global Positioning System companies for US$1.9 billion in damages.
The US Court of Appeals grilled Samsung over a patent case ruling that favored the South Korean company.
Apple would be given the upper hand if the International Trade Commission decided to favor the US tech titan.
Apple turned things around and sought for Samsung phone sales ban in its home market. Apple Inc is currently trying to force the mobile devices of Samsung Electronics Co.
The five publishers that conspired with Apple objected to the US restrictions sought by the government against Apple in the e-book court case.
