Devon Energy Posts Loss on Impairments

Devon Energy Posts Loss on Impairments Company reports $5.46 billion of asset impairments, but raises full-year production goal By JOSH BECKERMAN May 5, 2015 9:20 p.m. ET Devon Energy Corp. posted a $3.6 billion net loss on $5.46 billion of asset impairments, although the energy company said production […]

Brazil Probes Ex-Finance Minister Mantega

Brazil Probes Ex-Finance Minister Mantega Finance Minister Guido Mantega allegedly misled investors by requiring state-run oil firm Petróleo Brasileiro SA to subsidize domestic fuel prices A couple fish near a Petrobras facility in the state of Rio de Janeiro. PHOTO: EFE/ZUMA PRESS By PAUL KIERNAN/WSJ May 5, 2015 10:12 p.m. […]