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Oil & Gas

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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CEO''s Role in Deadly Blast Case Limited

January 28, 2008
According to the Associated Press, former BP PLC chairman Lord John Browne cannot be questioned without limits about the oil giant''s deadly 2005 Texas City refinery accident, the Texas Supreme
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Total Appeals Verdict in Oil Spill Trial

January 28, 2008
The Associated Press reported recently that Total SA said it will appeal the guilty verdict against it in the 1999 sinking of the oil tanker Erika, which caused France''s worst-ever
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Explosion May Have Caused BP Fatality

January 18, 2008
According to the Associated Press, a federal agency said recently that it plans to investigate the death of an employee at BP PLC''s Texas City, Texas, refinery, based on new
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Noble to sell platform drilling business


January 16, 2008
Offshore drilling contractor Noble Corp. has agreed to sell its North Sea platform drilling business to Seawell Holding UK Ltd. for $35 million, the Associated Press reports. The sale includes
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Alaska Gov. Rejects ConocoPhillips Plan

January 14, 2008
According to the Associated Press, Gov. Sarah Palin recently rejected a multibillion proposal by ConocoPhillips to build a natural gas pipeline linking the state''s energy rich North Slope to Midwestern
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Nicaragua Buys Esso Standard Oil Tanks

January 11, 2008
The Associated Press reported recently that Nicaragua has bought a disputed fuel tank facility from an Exxon Mobil subsidiary to store subsidized Venezuelan oil, according to President Daniel Ortega who
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Exxon Mobil Starts Production Off Angola

January 10, 2008
The Associated Press reported recently that Exxon Mobil Corp. announced it has begun oil production from a multibillion-dollar project off the west African coast. The company plans to drill more
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