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Oil & Gas

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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Shell in Nigeria Declares Force Majeure After Pipeline Fires

The Associated Foreign Press reports, Shell in Nigeria warned it may not be able to meet its contractual obligations for June and July on its Bonny Light crude, after multiple
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LyondellBasell to Purchase Olefins Pipeline System

PRNewswire reports that LyondellBasell recently announced the signing of an agreement to purchase approximately 200 miles of pipeline near Houston from BP by its Equistar Chemicals, LP subsidiary. The pipelines
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Exxon Makes New Oil Discovery in Gulf of Mexico

ExxonMobil Corp. disclosed details of an oil and gas field that could prove to be one of the largest discoveries in the Gulf of Mexico in recent years, according to
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Shell to Build Chemical Facility in Appalachia

According to the Charleston Daily Mail, oil and gas giant Royal Dutch Shell said it would build a world-scale chemical facility in Appalachia to take advantage of the region''s massive
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