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Oil & Gas

Rising River Complicates Exxon Oil Spill Cleanup

According to the Associated Press, the initial cleanup along the oil-fouled Yellowstone River could be tested Tuesday as rising waters make it harder for Exxon Mobil Corp. to get to
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Acid, Chlorine Mixed at Tyson Plant

According to the Associated Press, a solution of chlorine was poured into a drum of acid inside a Tyson Foods Inc. chicken processing plant in Arkansas this week, creating chlorine
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Chevron to Tap Carabobo Oil in 2012

Zacks Equity Research reports that Chevron Corp. expects the start-up of an oil field in Venezuela’s Orinoco Belt next year. Chevron believes it can commence production from Orinoco’s Carabobo Project
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Statoil Focuses on Offshore Wind

Zacks Equity Research reports that Norway-based Statoil ASA, through its subsidiary, has signed two contracts for the sale of a major part of its key onshore wind power assets. This
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Idaho Hearing Judge Won’t Stop Exxon Megaloads

According to the Associated Press, a state hearing officer is recommending that the Idaho Transportation Department issue permits that would allow Exxon Mobil to truck massive shipments of oil refinery
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Worker Killed At BP California Refinery

Reuters reports, a worker was killed in an accident at a rail car loading facility on Wednesday at BP Plc''s Los Angeles-area refinery in Carson, Calif., the company said in
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Transocean Blames BP for 2010 Horizon Rig Fire

Transocean Ltd. said Wednesday than an internal investigation into a rig explosion that dumped nearly five billion gallons of oil into the Gulf of Mexico last year was the fault
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Weatherford Settles with BP Over Gulf Spill

The Houston Chronicle reports, oil field equipment maker Weatherford International will pay BP $75 million to settle claims the companies have against each other related to last year''s deadly blowout
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ConocoPhillips, Bangladesh Sign Bay of Bengal deal

According to the Associated Press, Bangladesh has signed a production-sharing contract with American energy giant ConocoPhillips to explore for gas in the virtually unexplored deep waters of the Bay of
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Chevron to Explore for Shale Gas in Bulgaria

The Associated Press reports, Bulgaria''s government says it has granted U.S. oil company Chevron a permit to explore for shale gas in northeastern Bulgaria over the next five years. In
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