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Oil & Gas

United America Petroleum buys remaining interest of Frio County project

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Repsol makes its biggest oil discovery in Argentina

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US crude oil supplies up 1.8 million barrels

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Russia Oil Output Climbs to Record 10.34 Million Barrels a Day

Russian crude and gas condensate production rose 0.2 percent in October, passing the previous month’s post-Soviet record, while exports declined, reports Bloomberg. Production climbed to 43.7 million metric tons last
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Anadarko Posts $3 Billion Loss on Oil Spill Settlement

The Associated Press reports, Anadarko Petroleum Corp. boosted third-quarter revenue by 25 percent on higher oil prices, but it posted a $3.05 billion loss because of a settlement over liability
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US may miss target for Keystone oil sands pipeline

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Oil trades near 12-week high

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Global market for gas flowmeters totaled $1.3 billion in 2010

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Supreme Court to Hear Bid to Sue Shell for Nigerian Abuses

The Supreme Court said it will use a dispute between Nigerian villagers and oil giant Royal Dutch Shell PLC to decide whether corporations may be held liable in U.S. courts
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Feds cite BP, two other companies over Gulf oil spill

NEW ORLEANS — Federal regulators on Wednesday cited oil company BP PLC and two other companies — Transocean Ltd. and Halliburton — for alleged safety and environmental violations stemming
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