View Cart (0 items)

Oil & Gas

Failed Montana Pipeline Was Deeply Buried

According to the Associated Press, Exxon Mobil Co. had reassured federal regulators and officials from a Montana town since December that an oil pipeline beneath the Yellowstone River was safe,
Read More

OM Group Buying Vacuumschmelze for Roughly $1 Billion

The Associated Press reports that OM Group is buying Germany''s Vacuumschmelze GmbH & Co. KG for about $1 billion. The transaction also includes $50 million in equity. OM Group has
Read More

In-State Natural Gas Pipeline Could Cost $7.5 Billion

According to the Associated Press, a natural gas pipeline project meant to meet energy needs in Alaska''s most populous region could cost $7.5 billion and require that the state cover
Read More

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
Read More

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
Read More

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
Read More

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
Read More

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
Read More

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
Read More

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
Read More