Chevron May Have to Replace Parts of Richmond Refinery Unit-Official
California inspectors have not closely assessed the damage sustained by a crude distillation unit in Chevron Corp.'s (CVX) Richmond refinery, but they suspect the oil giant may have to make time-consuming replacements of some of the unit's parts, a local inspection official said Tuesday.
Standard Chartered to Pay $340M Fine
Standard Chartered has agreed to pay a fine of $340 million to the New York Department of Financial Services after superintendent Benjamin M. Lawsky charged the bank with hiding more than 60,000 financial transactions amounting to more than $250 billion for Iranian state-owned banks.
Fisker Taps Chevy Volt Executive As New CEO
Privately-held electric car maker Fisker Automotive on Tuesday named former General Motors Co. executive Tony Posawatz as chief executive officer of the Anaheim, Calif.-based company.