Categories
Tags
after again Announces caused China concerns Could crude dollar drill drilling Energy European exploration Exxon field financial gold! industry Iranian keywords lower market markets Million Obama offshore Oil and Gas industry oilfield Oil Job oil jobs percent petroleum pipeline power price prices project shale Shell spill stock supply trading update
Category Archives: Oil and Gas News
Lawyers say rig workers coerced after blast
Workers aboard an exploding offshore drilling platform were told to sign statements denying they were hurt or witnessed the blast that rocked the rig, killed 11 and spewed millions of gallons of oil into the ocean, their attorneys said Tuesday. … Continue reading
Rush to drill deeper carries big risks
NEW ORLEANS — The explosion of the Deepwater Horizon oil rig has brought into sharp focus the high stakes trade-off in the energy industry’s push to drill in ever deeper waters in search of huge oil deposits. Despite the mammoth … Continue reading
Lower gas prices for this summer
Gas prices are poised to fall as Memorial Day approaches, a welcome change for motorists who have gotten used to seeing increases cut into their summer vacation money. Experts who had been predicting a national average of more than $3 … Continue reading
Transocean cites 1851 law to limit spill liability
Company tries to cap what it would pay if it loses lawsuits over rig blast. NEW YORK — The company that owns the sunken Deepwater Horizon rig said Thursday it will petition a federal court in Houston to cap its … Continue reading
BP’s suggestion box is spilling over
Oil giant, Coast Guard get gusher of cleanup ideas from public. As BP engineers in the Gulf of Mexico scramble to contain a still-expanding oil slick, many people around the world are doing more than just watching anxiously. It turns … Continue reading