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Oil & Gas

Drilling Ban Showdown in Court

July 8, 2010
The high-stakes showdown starts at 3 p.m. at the U.S. Court of Appeals for the Fifth Circuit in New Orleans, where government lawyers will square off for one hour against
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BP''s CEO Flies to Abu Dhabi

July 7, 2010
The Associated Press reports BP''s CEO, Tony Hayward, flew to the wealthy emirate of Abu Dhabi to meet officials amid speculation the oil giant is looking to raise cash to
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Pilot-Operated Safety Valve for Oil and Gas Applications

July 7, 2010
The new pilot-operated safety valve is available as both pop-action valves and modulate-action valves. The typical application areas of the pilot-operated safety valve (POSV) are refineries and gas processing plants,
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Managers Appeal Convictions in Bhopal Tragedy

June 30, 2010
The Associated Foreign Press reports seven managers convicted over the 1984 Bhopal gas tragedy have appealed their convictions, a newspaper reported as India repeated it would urge the U.S. to
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BP Giving Financial Help to Gas Stations

June 30, 2010
Gas could become cheaper at some BP pumps after the oil company agreed to measures meant to help distributors and station owners offset a consumer boycott against BP fuel that
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Noble Buys Frontier, Reaches Gulf Deal with Shell

June 29, 2010
According to the Associated Press, offshore drilling services company Noble Corp. is buying privately held Frontier Drilling for $2.16 billion in cash. They have also struck $4 billion worth of
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Federal Judge Blocks Gulf Offshore Drilling Moratorium

June 23, 2010
The Associated Press reports a federal judge struck down the Obama administration''s six-month ban on deepwater oil drilling in the Gulf of Mexico, saying the government rashly concluded that because
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BP Confirms Hayward Out, Dudley In

June 23, 2010
The Associated Press reports BP PLC has confirmed that Bob Dudley is now in charge of efforts to clean up the damage caused by the Gulf of Mexico oil spill,
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Engineers Uncap Broken Oil Well in Gulf of Mexico

June 23, 2010
The Associated Press reports engineers had to completely uncap the broken oil well spewing into the Gulf of Mexico Wednesday after an undersea robot bumped into machinery being used to
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Ex-Marathon Oil Worker gets Prison Time

June 22, 2010
According to the Associated Press, a federal judge in Wyoming has sentenced a former employee of Marathon Oil Corp. to serve 41 months in prison for his role in a
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