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Oil & Gas

Alaska''s Prudhoe Bay oil output halted out by power outage

May 12, 2008
According to the Associated Press, oil production at Prudhoe Bay, the nation''s most prolific oil field, halted recently when a vehicle clearing snowdrifts damaged the power supply to processing centers.Prudhoe
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Agency to develop rules for investigating oil, gas markets

May 5, 2008
Under pressure from members of Congress upset about high gas prices, the Federal Trade Commission said recently it would begin developing rules allowing it to investigate alleged manipulation of the
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Crosstex to build $80M natural gas processing plant

May 1, 2008
The Associated Press is reporting that Crosstex Energy LP, which operates a natural gas pipeline and processing plants, said recently that it intends to build an $80 million natural-gas processing
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Strike in Scotland closes major North Sea oil pipeline

April 28, 2008
According to the Associated Press, hundreds of workers at Scotland''s only oil refinery began a 48-hour strike recently that forced BP PLC to shut a pipeline system that delivers almost
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Praxair plans plant after signing Samsung production deal

April 28, 2008
According to the Associated Press, industrial gas provider Praxair Inc. said recently it will build a new air separation plant in South Korea to meet increased demand from a new
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Brazil evaluates size of big oil find

April 21, 2008
The Associated Press is reporting that the chief of Brazil''s state-run oil company said recently it would take up to three months to evaluate the size of what could be
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Rohm & Haas in Saudi acrylic acid joint venture with Tasnee

April 21, 2008
Chemicals maker Rohm and Haas Co. said recently it formed a joint venture with Tasnee Sahara Olefins Co. of Saudi Arabia to produce 250,000 metric tons of acrylic acid, beginning
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Venezuela to Split With US Partner

April 16, 2008
According to the Associated Press, Venezuela wants to replace Exxon Mobil Corp. as its partner in a U.S. oil refinery partly controlled by its state-run oil company, the oil minister
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Venezuela to Split With US Partner

April 10, 2008
According to the Associated Press, Venezuela wants to replace Exxon Mobil Corp. as its partner in a U.S. oil refinery partly controlled by its state-run oil company, the oil minister
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Brief Fire Hits Exxon Refinery in SoCal

April 7, 2008
Fire damaged part of an Exxon Mobil refinery recently but no one was injured, the Associated Press reported.The blaze erupted at 8:30 a.m. in a unit called the hydrotreater and
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