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Officials Spot Busted Pipeline in Mich. Spill
U.S. regulators earlier this year demanded improvements to the pipeline network that includes a segment that ruptured in southern Michigan, spilling hundreds of thousands of gallons of oil into the Kalamazoo River, according to a document released Saturday. 3 squabbling companies must cooperate to plug well
On shore, BP, Halliburton and Transocean are engaging in a billion-dollar blame game over the blown-out oil well in the Gulf of Mexico. Associated Press Writer
BP's catastrophic oil spill in the Gulf of Mexico is fueling opposition to the University of California, Berkeley's research partnership with the British company. Profits gushing for oil titans
The major oil companies continue to climb back from the recession, with higher fuel prices driving up earnings. BP readies static kill; shares up 33% in July
BP PLC is moving ahead with plans to plug up the blown-out Macondo well drilled by the stricken Deepwater Horizon rig, with a so-called static kill operation expected to start by Monday or Tuesday. Gulf of Mexico
A A There were several signs Friday that the era of thousands of oil-skimming boats and hazmat-suited beach crews is giving way to long-term efforts to clean up, compensate people for their losses and understand the damage wrought Full story Scientists: BP dispersants making spill more toxic A group of scientists working for law firms suing BP says ... TransCanada: 'Multiple Bids' For Alaska Gas Line
TransCanada Corp. has received multiple bids from "major industry players and others" that want to use its proposed pipeline to transport natural gas from Alaska's North Slope to market, a company official said Friday. US rig count increases by 1
The number of rigs actively exploring for oil and natural gas in the U.S. increased by one this week to 1,586. Houston-based Baker Hughes Inc. Chevron earnings triple
Chevron Corp, the second-largest U.S. oil company, reported a three-fold jump in quarterly profit, beating expectations as refinery margins fattened. Firm asks court to confirm Kan. land condemnation
A Nebraska gas company has asked a court to confirm its right to condemn more than 9,100 acres in south-central Kansas to contain gas migrating from an underground storage facility. Company at center of Mich. oil cited for problems
A Canadian company at the center of a huge oil spill in southern Michigan has a history of pipeline problems, including leaks, an explosion and dozens of regulatory violations. Suncor books strong Q2 production despite maintenance work at oilsands sites
Suncor Energy Inc. says it has just completed one of its strongest quarters ever in terms of oilsands production, despite the fact that much of its equipment was taken offline for maintenance during the period. Indications: Stock futures gain strength as jobless claims fall
U.S. stock futures pointed to opening gains Thursday on Wall Street, as oil major Exxon Mobil Corp. Stocks fall as traders await Friday's GDP report
Stocks fell Thursday as investors took a dim view of the latest report on unemployment and warily waited for the government's reading on second-quarter gross domestic product. Exxon Mobil's 2Q earnings more than double
Exxon Mobil Corp. said Thursday its second quarter income nearly doubled to $7.56 billion as oil prices increased from last year. Exxon earnings jump 91%
Exxon Mobil Corp. said Thursday its second-quarter income soared 91 per cent to $7.56 billion US as oil prices increased from last year. TSX closes lower as oil prices decline; durable goods orders pressure markets
The Toronto stock market moved lower near midday Wednesday after more worrisome economic data out of the U.S. and growing inventories put downward pressure on oil prices. EPA reviewing air pollution rules for oil, gas
Federal air pollution standards for the oil and gas industry are sorely outdated amid ramped up drilling, leaving thousands of emissions sources "under the radar," citizens groups said Wednesday. Company ramps up effort to clean Mich. river spill
Michigan's governor on Wednesday sharply criticized attempts to contain a large oil spill making its way down the Kalamazoo River after the company responsible for the spill said it had redoubled its efforts to clean up the mess. Husky Energy Q2 profit falls to $266 million from year-earlier $430 million
Husky Energy Ltd. reported Wednesday a second-quarter profit of $266 million, down from a year-earlier $430 million and the major oil and gas producer said it intends to focus on growing production this year with the acquisition of natural gas properties. |
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