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HSBC said to take loan loss

Oil Drums

HSBC is discovering the oil crash extends far beyond the deserts of the Gulf, the plains of west Texas and the shale fields of North Dakota. Even a small energy company in Dublin can inflict pain.

BP finds new fraud in Gulf spill payouts

Deepwater Horizon Spill Site

BP has said it has discovered new evidence of fraud and conflicts of interest in the program that is paying billions of dollars to those who claimed they were harmed by the 2010 Gulf of Mexico oil spill.

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Oil Drums

HSBC said to take loan loss

HSBC is discovering the oil crash extends far beyond the deserts of the Gulf, the plains of west Texas and the shale fields of North Dakota. Even a small energy company in Dublin can inflict pain.