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Oil & Gas

Iraq lays out rules for first round of oil bids

October 13, 2008
The Associated Press reports that Iraq''s oil minister has met with 34 oil company representatives in London to set out the ground rules for the first round of bidding for
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Chevron loses NY ruling on rainforest issue

October 8, 2008
The Associated Press reports that a federal appeals court in New York has rejected Chevron Corp.''s latest attempt to force Ecuador to help pay for any court-ordered cleanup of the
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Pipeline company faces up to $2.4 million fine

October 6, 2008
The Pipeline and Hazardous Materials Safety Administration’s investigation found Enbridge committed eight probable violations, according to the Associated Press. The findings are consistent with what Enbridge found in its internal
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Appraisal well confirms North Sea oil find off Norway

October 1, 2008
The Norwegian Petroleum Directorate announced an appraisal well has been confirmed, according to the Associated Press. The so-called Jordbaer prospect in the North Sea contains some 56-80 million barrels
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Compressed Natural Gas (CNG) public access stations coming to Atlanta, Oklahoma City

September 29, 2008
Clean Energy Fuels Corp. will own, operate and supply fuel for new compressed natural gas (CNG) public access stations to support airport operations in Atlanta and Oklahoma City, as reported
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Judge overrules jury verdict, says BP liable

September 24, 2008
A Kansas judge says the city of Neodesha is entitled by law to recover the costs of cleanup and damage caused by an oil refinery, according to the Associated Press.
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Venezuela teams up with companies on natural gas investments

September 22, 2008
According to the Associated Press, Venezuela has signed accords with private companies from more than a half-dozen countries, launching a major push into natural gas projects that are expected to
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Chevron''s African unit to sell Nigerian business

September 19, 2008
According to the Associated Press Chevron Corporation''s African subsidy will sell its Nigerian downstream business to Corlay Global SA as part on an ongoing effort to shrink its marketing
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Race on to develop pipes to transport ethanol

September 17, 2008
Outside of the debate over how big a role ethanol will have as a viable U.S. energy source has been the lingering problem of transporting the biofuel, which can eat
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Rowan lands $175 million in rig contracts

September 12, 2008
The Associated Press reports that Rowan has received contracts to provide EnCana Corporation with four land rigs used in drilling for natural gas. The Houston-based company also said it is
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