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Oil & Gas

W.Va. gas station bans most credit cards

June 18, 2008
According to the Associated Press, rising gas prices have led one Kanawha County station owner to ban the use of credit cards at the pump, and it may not be
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Chevron awarded $16 million Pentagon contract

June 16, 2008
According to the Associated Press, Chevron Corp. was awarded a $16 million Defense Logistics Agency contract to supply aviation fuel for the military, the Defense Department said.Shares of the San
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Exxon sells US gas stations to distributors

June 13, 2008
According to the Associated Press, Exxon Mobil Corp. said recently it''s getting out of the retail gasoline business, following other major oil companies who''ve been selling their low-margin stations to
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Congress wary of plastics used in toys, bottles

June 12, 2008
According to the Associated Press, chemicals used in baby bottles, toys and thousands of other household items are getting closer scrutiny from lawmakers amid concern they can cause developmental
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BP: Oil demand surge was a surprise

June 12, 2008
The Associated Press is reporting that BP PLC''s chairman said recently that oil companies didn''t make the necessary investments to clear the current supply bottleneck because they never expected demand
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S.D. county approves 400,000-barrel refinery project

June 9, 2008
According to MarketWatch.com, voters in a South Dakota farm county recently approved a proposal to build the first major refinery in the United States in more than 30 years.The
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US oil and gas rig count down 12

June 2, 2008
According to the Associated Press, the number of rigs actively exploring for oil and natural gas in the United States fell by 12 this week to 1,877.Of the rigs running
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DOE says natural gas supplies rose last week

May 30, 2008
The Associated Press is reporting that natural gas in storage in the U.S. rose last week but is 0.5 percent below the five-year average for this time of year, a
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BP in pipeline deal with Panama company

May 27, 2008
According to the Associated Press, a unit of BP PLC said recently it signed a deal with a Panamanian company to transport crude oil via pipeline from the Atlantic side
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Monitor: BP improving safety after deadly accident

May 21, 2008
According to the Associated Press, oil giant BP PLC, criticized for a poor safety culture after a deadly 2005 plant explosion, is making substantial progress in improving safety of its
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