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Oil & Gas

Libya Seeks Italy''s Help with Fire at Oil Facility

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According to the Associated Press, Libya''s de facto oil minister said the country''s crude production has fallen drastically and that he has reached out to Italian oil giant Eni SpA
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Exxon CEO Tillerson: Oil Prices Not Yet Hurting Economy

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The Associated Press reports that Exxon Mobil CEO Rex Tillerson said he doesn''t think the recent jump in oil prices is hurting the U.S. economy, at least not yet. The
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Exxon Mobil Wins Ruling in Alaska Oil Spill Case

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Exxon Mobil Corp. has won a round in a dispute with environmentalists who want more money to clean up oil left on the shoreline of Prince William Sound from the
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Obama Administration Appeals Judge''s Order on Drilling Permits

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The Obama administration has appealed a judge''s order requiring regulators to act on seven drilling permit applications, according to the Associated Press. The government filed court documents late Friday saying
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Another $100 Million Sought for Exxon Valdez Cleanup

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A federal judge will hear arguments on whether Exxon Mobil Corp. owes another $100 million to remove oil remaining on the Prince William Sound shoreline from the 1989 Exxon Valdez
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Exxon Mobil’s Beaumont Refinery Flares Gases

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Bloomberg reports that Exxon Mobil Corp., the largest U.S. oil company, flared gases at its refinery in Beaumont, Texas, according to a message left on a community hot line. Outages
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Conoco Reports Power Dip at Illinois Refinery

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According to Bloomberg, ConocoPhillips reported that a power dip led to flaring at its Wood River refinery in Illinois, according to a filing with state regulators. The flaring of sulfur
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Mass. Company Making Diesel With Sun, Water, CO2

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A Massachusetts biotechnology company says it can produce the fuel that runs Jaguars and jet engines using the same ingredients that make grass grow, the Associated Press reports. Joule Unlimited
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Exxon, Shell, BP Hacked Through Chinese Internet Servers

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Bloomberg reports that computer hackers working through Internet servers in China broke into and stole proprietary information from the networks of six U.S. and European energy companies, including Exxon
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Nebraska Ethanol Company to Acquire Plant in Minnesota

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According to the Associated Press, an Omaha-based company says a bankruptcy court has accepted its bid to acquire an ethanol plant from Otter Tail Ag Enterprises near Fergus Falls, Minn.
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