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Oil & Gas

Ecuador Threatens to Take Over Foreign Oil Companies

April 20, 2010
President Rafael Correa said Ecuador will move to take over the operations of foreign oil companies in the country unless they sign new contracts agreeing to increase state control over
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CSB Releases Video Focusing on Deaths of Teenagers in Oil Site Explosions

April 20, 2010
Told through the eyes and voices of grieving and concerned parents, friends, and local officials, the newest CSB safety video, “No Place to Hang Out: The Danger of Oil
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Workers Authorize Strike as Company Refuses to Bargain

April 20, 2010
According to PRNewswire, over 300 members of Local 220 of the Retail, Wholesale and Department Store Union, UFCW, voted to authorize a strike if no agreement can be reached with
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Exxon Units to Pay $2.4 Million for Pollution Violations

April 19, 2010
The Justice Department said Exxon Mobil Corp. units will pay a total of $2.4 million for allegedly breaking federal law by failing to control pollution emissions, reported by the Associated
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Fire at Louisiana ExxonMobil Refinery Injures Three Workers

April 15, 2010
A fire at an ExxonMobil Corp. refinery in Baton Rouge has injured three workers, according to the Associated Press. The company says the Wednesday morning fire was quickly contained by
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Exxon Mobil CEO''s Total Pay Falls in 2009

April 14, 2010
Total compensation for Exxon Mobil Corp.''s chief executive fell 9 percent last year as earnings for the oil giant hit their lowest point in seven years, according to an Associated
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ConocoPhillips Agrees to Sell Syncrude Stake to Sinopec

April 13, 2010
ConocoPhillips has entered into definitive agreements with subsidiaries of Sinopec International Petroleum Exploration and Production Company (SIPC) to sell its 9.03 percent interest in Syncrude for $4.65 billion, according to
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Denali Details its Pitch for $35 Billion Alaska Gas Line

April 8, 2010
The Associated Press reports that Denali, a joint effort of ConocoPhillips and BP PLC, formally proposed a $35 billion project Wednesday, with a pipeline stretching more than 1,700 miles and
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Air Products to Build New Hydrogen Plant in Malaysia for Oleochemical Industry

April 7, 2010
According to PRNewswire, Air Products is building a new hydrogen production facility in West Port, Selangor, Malaysia to support increasing product demand in the region. The steam methane reformer (SMR)
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Nearly 18,000 Gallons of Crude Oil Spill in Louisiana Refuge

April 7, 2010
The Associated Press reports that authorities say a pipeline has spilled 18,000 gallons of crude oil into a canal in a wildlife refuge about 60 miles southeast of New Orleans.
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