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Oil & Gas

EPA, USDA push farmers to use coal waste on fields

December 22, 2009
According to the Associated Press, the federal government is encouraging farmers to spread a chalky waste from coal-fired power plants on their fields to loosen and fertilize soil even as
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Shell selling Nigerian assets valued at $5 billion

December 22, 2009
According to Reuters, Royal Dutch Shell is planning to sell oilfields in Nigeria valued at up to $5 billion, first reported by the Sunday Times, citing sources linked to companies
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Exxon Mobil to buy XTO Energy

December 14, 2009
Reuters reports that Exxon Mobil Corp will buy XTO Energy Inc for about $30 billion in stock. With the buy, Exxon gains a major foothold in the newest energy discoveries
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Oil prices fall on poor demand

December 10, 2009
Oil prices have hit two-month lows as government data showed that energy demand continues to slump, reports the Associated Press. The Energy Information Administration said the nation''s consumption of petroleum
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Federal officials ask for urgent safety changes at Citgo refinery

December 10, 2009
According to the Associated Press, federal officials issued urgent new safety recommendations for a Texas oil refinery where 21 tons of deadly acid were released this summer and said they''re
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Fatality reported at Valero Texas City refinery

December 8, 2009
The failure of a boiler at the Valero Texas City Refinery resulted in the death of a Valero employee, reports the Business Journal. Tommy Manis, of Alvin, was fatally injured
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Cephalon sues Teva over patent infringement

December 3, 2009
The Associated Press reports that Cephalon Inc. filed suit against Teva Pharmaceutical Industries Inc., which is trying to sell a generic version of Cephalon''s sleep disorder drug Nuvigil. Cephalon, of
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Government fines El Paso Corp., subsidiary $2.3 million in pipeline explosion

December 3, 2009
The Transportation Department has fined the El Paso Corp. and a Colorado subsidiary $2.3 million for safety violations in connection with a pipeline explosion in Wyoming three years ago
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Somali pirates hijack tanker carrying $20 million US-bound oil

December 1, 2009
According to the Associated Press, Somali pirates hijacked a U.S.-bound supertanker carrying $20 million in crude. The Greek-flagged tanker — traveling from Saudi Arabia to New Orleans — had no
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Pennsylvania residents sue over gas drilling

November 23, 2009
Normal 0 0 1 255 1457 12 2 1789 11.1282 0 0 0 According to Reuters, residents of a small rural Pennsylvania town have sued Cabot Oil & Gas
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