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Oil & Gas

Louisiana oil port in great shape despite recession

June 1, 2009
Nearly three decades after the nation''s first offshore oil port opened 18 miles off the coast of Louisiana in 1981, known as the Louisiana Offshore Oil Port, the port that
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Nigerian militants free three hostages

May 26, 2009
Militants sabotaged major crude pipelines in Nigeria''s chaotic oil region on Monday, further trimming crude production as the military widened an operation to uproot the fighters, the Associated Press reports.
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Oil hits six-month high as U.S. refineries face problems

May 20, 2009
Oil prices have risen, reaching a six-month high over $60 a barrel as a flurry of U.S. refinery problems stoked supply fears leading into peak summer driving season. According to
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Pacific Ethanol units file bankruptcy

May 20, 2009
Pacific Ethanol Inc.’s five ethanol-producing units filed for Chapter 11 bankruptcy protection, sending the parent company’s shares tumbling 44 percent in after-hours trading, according to Business Wire. Pacific Ethanol and
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Ethanol ruling a test for Obama Administration

May 18, 2009
Recently, in arguably one of the toughest tests of President Obama’s pledge “to restore science to its rightful place”, the Environmental Protection Agency proposed new rules for calculating greenhouse
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Fire contained after explosion rocks Delaware refinery

May 18, 2009
Firefighters contained a blaze caused by an explosion at a Delaware oil refinery that rattled nearby homes but caused no injuries. A fireball from the blast at Sunoco Inc.''s
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Three employees die in explosion at Arkansas fuel storage facility

May 13, 2009
The Associated Press reports that an empty gasoline tank undergoing repairs exploded at a fuel storage facility in rural north-central Arkansas, killing three workers, authorities said. The tank had been
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EcoSystem announces integrated biofuel feedstock machine

May 11, 2009
EcoSystem Corporation plans to conduct operational trials of its Feedstock Machine™ at targeted poultry and swine processing companies, according to BusinessWire.com. The Feedstock Machine™ is an integrated, scalable solution that
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Scientists unveil chocolate-fueled racecar

May 6, 2009
The Associated Press reports that scientists in the UK have unveiled what they hope will be one of the world''s fastest biofuel vehicles, powered by waste from chocolate factories and
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Cuomo questions Chevron in pollution lawsuit

May 6, 2009
New York Attorney General Andrew Cuomo has sent a letter to Chevron Corp., questioning whether executives have been upfront with shareholders about the company''s potential liability for decades of pollution
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