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Oil & Gas

Storm disrupts Texas refineries

September 14, 2007
Oil prices rose recently as Hurricane Humberto disrupted refineries along the Gulf Coast, bizjournals.com reports. Several Port Arthur refineries, including Valero Energy Corp.''s 325,000 barrel-per-day facility and Motiva Enterprises LLC''s
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Ex-head of Elf Aquitaine dies

September 11, 2007
The Associated Press reports that Philippe Jaffre, executive vice president of engineering company Alstom and former chairman of oil group Elf Aquitaine, has died, his company said Sunday. He was
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EU regulators approve UK biofuel plant

September 10, 2007
The Associated Press reports that EU regulators cleared BP PLC and Associated British Foods PLC to develop a $400 million bioethanol plant in the northern English city of Hull as
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Kazakhstan suspends oil project

August 28, 2007
The Associated Press reports that Kazakh officials have ordered operations at the country''s largest oil development suspended and the Finance Ministry announced a criminal investigation, news reports said, signaling growing
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Chevron Refinery operating after fire at Mississippi plant

August 20, 2007
The Associated Press reports that Chevron''s largest U.S. refinery continues production while teams assess damages caused by a fire last Thursday in one section of the Pascagoula, Mississippi facility. The
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African villagers can sue Chevron per judge

August 20, 2007
The Associated Press reports that a group of nine Nigerian villagers can have a jury decide if Chevron Corp. is responsible for two government military attacks that left protesters dead
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House shifts $16 billion toward renewable energy

August 6, 2007
Reuters reports that U.S. House of Representatives recently passed a Democratic rewrite of U.S. energy policy that strips $16 billion in tax incentives away from Big Oil and puts it
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Eastman to operate two coke gasification plants

July 30, 2007
Eastman Chemical Co. said it plans to operate and invest in two new plants that will use petroleum coke instead of natural gas to produce industrial chemicals used in consumer
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Archer Daniels Midland to buy Fasco

July 30, 2007
The Associated Press reports that agricultural processor Archer Daniels Midland Co. will acquire Fasco Mills Co., a family-owned grain and feed company, expanding its presence in northern Illinois and increasing
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Exxon Mobil loses Alaska pipeline case

July 30, 2007
A federal appeals court rejected an effort by Exxon Mobil Corp. to overturn rules governing access to a potential multibillion-dollar pipeline that would transport natural gas from Alaska to the
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