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Oil & Gas
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Oil falls as South American tensions ease
March 12, 2008
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The Associated Press is reporting that oil prices were lower recently as traders booked profits after last week''s record highs and amid easing tension between oil producers Venezuela and Colombia
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Chevron Plans $3.1B Thai Gas Project
March 10, 2008
Chevron Corp., the second-largest U.S. oil company, said recently it plans to begin construction of a $3.1 billion natural gas project in the Gulf of Thailand, the Associated Press reported.The
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BP Settles Alaska Court Case
March 7, 2008
According to the Associated Press, BP PLC said recently it has settled an Alaska court case launched by U.S. shareholders by agreeing to allow tighter oversight by its largest investors
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Alaska Prepares to Sue BP
March 3, 2008
The Associated Press is reporting that the state of Alaska intends to sue BP PLC for losses incurred by oil spills, pipeline leaks and shutdowns on the North Slope two
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Court Hears Exxon Valdez Case
February 28, 2008
The Associated Press is reporting that the Supreme Court is considering whether to prevent victims of the Exxon Valdez disaster from collecting a $2.5 billion judgment, nearly 19 years after
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Venezuela Considered Swap In Exxon Dispute
February 25, 2008
According to Reuters, Venezuela offered to resolve its nationalization dispute with U.S. energy giant Exxon Mobil by withdrawing from its stake in the Chalmette refinery, a top energy official told
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Chavez: No Plans to Cut US Oil Exports
February 18, 2008
According to the Associated Press, President Hugo Chavez sent a soothing message to American motorists on Sunday, saying that Venezuela is not preparing to cut off oil shipments to the
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Chavez Threatens US Oil Cutoff
February 11, 2008
The Associated Press reported recently that President Hugo Chavez threatened to cut off oil sales to the United States in an "economic war" if Exxon Mobil Corp. wins court judgments
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Energy Dept. to Monitor Refinery Outages
February 7, 2008
According to the Associated Press, the federal Energy Department has agreed to monitor oil refinery outages, a move Sen. Byron Dorgan believes could help prevent simultaneous plant shutdowns leading to
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Chevron Lowers 2008 Production Outlook
February 1, 2008
The Associated Press reported recently that Chevron Corp. said "major" project delays have lowered its outlook for 2008 production by about 150,000 barrels of oil per day.The second-largest U.S. oil
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