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Oil & Gas

South Korea to Invest in Canadian Gas Fields

March 1, 2010
South Korea''s state-run gas company plans to invest about $1.1 billion over the next five years in natural gas fields in Canada, according to the Associated Press. The Korea Gas
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Huntsman and Zamil Group Complete New Ethyleneamines Plant in Saudi Arabia

March 1, 2010
Huntsman Corporation and Zamil Group Holding Company completed their new ethyleneamines joint venture plant, PRNewswire reports. The 27,000 ton-per-year plant, which will be operated by Arabian Amines Company (AAC), is
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Green Plains Renewable Energy Announces Proposed Public Offering of Common Stock

February 25, 2010
Green Plains Renewable Energy, Inc. is undertaking a proposed offering of 5,000,000 shares of its common stock, according to Globe Newswire. In addition, Green Plains Renewable Energy, Inc. has
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Panel Analyzing Role of Alaska''s Oil, Gas Tax

February 25, 2010
The Associated Press reports that a Senate committee is hearing conflicting accounts of how well Alaska''s oil and gas production tax is working, with no promise that anything will
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Chevron to Build Solar Plant in New Mexico

February 24, 2010
Chevron Corp. will build a solar power plant near a mine that a subsidiary operates in New Mexico. According to the Associated Press, the plant will generate electricity by spreading
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Total CEO Sticks to Refinery Cost-Cutting Plan

February 22, 2010
Total SA CEO Christophe de Margerie said he''ll continue to work to resolve a conflict surrounding a move to cut costs at one of the oil major''s French refineries, according
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Exxon Adds Two Billion Barrels to Proved Reserves in 2009

February 17, 2010
According to the Associated Press, Exxon Mobil Corp. has added two billion barrels of oil equivalent to its proved reserves in 2009, the highest gain in the decade and a
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ConocoPhillips Alaska President Killed in Avalanche

February 15, 2010
State police say the president of ConocoPhillips Alaska is dead and another person is presumed dead after being swept away in an Alaskan avalanche, according to the Associated Press. Jim
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Chevron Says Expert Biased in Cleanup Case

February 11, 2010
The Associated Press reports that Chevron Corp. has stepped up its offensive against a group that says the oil giant poisoned sections of the Amazon rain forest. After spending
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Gas Explosion in Power Plant Kills Five Workers

February 9, 2010
Five workers were killed and 12 were injured from an explosion at a power plant in Connecticut. Investigators are looking at a range of possibilities, including a procedure that
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