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Montana court upholds drilling rights in Mars case
January 26, 2009
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The Associated Press reports that the Montana Supreme Court has upheld a natural gas company''s right to drill beneath the southeastern Montana ranch of candy billionaire Forrest Mars. An attorney
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Canada''s oil sands giant Suncor slashes spending
January 21, 2009
Suncor Energy Inc., Canada''s second-largest oil sands operator, slashed its planned 2009 spending in half and shelved major expansion projects with crude prices in free fall. The Calgary-based company said
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Canada offers to back Mackenzie gas project
January 20, 2009
Canada''s federal government has offered financial support for the Mackenzie gas pipeline, a multibillion-dollar project that has been held back by regulatory delays and cost overruns, according to the Associate
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Norwegian oil company to cut costs for 2009
January 14, 2009
State-controlled Norwegian oil company StatoilHydro ASA has announced plans to cut its 2009 costs by $215 million to adjust to weaker market conditions amid the world economic downturn and lower
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Construction underway on Dynamic Fuels plant
January 14, 2009
Initial construction is underway in Geismar, Louisiana, for the new plant being built by Dynamic Fuels, a joint venture of Tyson Foods and Syntroleum Corporation, company officials reported. Construction
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Biofuel producers hope to rebound after tough year
January 14, 2009
Cellulosic ethanol, the next big hope for a biofuels industry hampered during the past year by volatile commodity price swings and shrinking profit margins, is continuing its slow march toward
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Job cuts reach into oil sector
January 12, 2009
According to the Associated Press, job cuts that have afflicted almost every sector of the economy have finally reached into the oil industry. Some of the biggest oilfield service providers
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Renewable energy may be job boon for Kansas
January 12, 2009
The Associated Press reports that Sedgwick and Saline are among the Kansas counties that could potentially gain thousands of jobs from alternative energy business, according to a report from the
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Don''t get used to cheap oil
January 7, 2009
All that money you''re saving these days at the gas pump? You might want to put it in the bank. The same cheap oil that''s providing relief to drivers
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BP''s Texas plant returns to 100 percent capacity
January 5, 2009
After three years of post-Hurricane Rita restoration work, BP''s Texas City refinery began operating at full capacity, meeting its own end of 2008 deadline, according to the Associated Press.
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