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Oil & Gas

Russia threatens to pull BP license

September 26, 2006
Russian prosecutors have threatened to revoke the license of BP PLC''s joint venture to develop a giant gas field in Russia''s far east, the Associated Press reports. The move comes
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Russia halts Shell gas project

September 19, 2006
Russia''s Natural Resources Ministry said it has revoked the environmental approval of a Shell-led liquefied natural gas project on the Far East island of Sakhalin, a decision that could effectively
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BP hires ex-judge to be U.S. ombudsman

September 5, 2006
The Associated Press reports that BP PLC has retained former U.S. District Judge Stanley Sporkin as its ombudsman to hear worker complaints from Alaska and elsewhere in the United States,
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Praxair starts up first LNG plant in Brazil

September 4, 2006
White Martins, a subsidiary of Praxair, Inc., has started up the first natural gas liquefaction plant in Brazil, Business Wire reports. It is also the first liquefied natural gas (LNG)
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Lyondell acquires CITGO''s interest in Houston refinery for $2.1 billion

September 4, 2006
PRNewswire reports that Lyondell Chemical Company has acquired CITGO''s 41.25 percent ownership interest in Lyondell-Citgo Refining LP (LCR) in a transaction valued at approximately $2.1 billion, including CITGO''s portion of
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BP CEO ordered to testify

August 29, 2006
The Associated Press reports that a Texas judge has ordered BP PLC''s chief executive to give a deposition related to the explosion that killed 15 people last year at the
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Lyondell acquires CITGO''s interest in Houston refinery for $2.1 billion

August 22, 2006
PRNewswire reports that Lyondell Chemical Company has acquired CITGO''s 41.25 percent ownership interest in Lyondell-Citgo Refining LP (LCR) in a transaction valued at approximately $2.1 billion, including CITGO''s portion of
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Praxair starts up first LNG plant in Brazil

August 22, 2006
White Martins, a subsidiary of Praxair, Inc., has started up the first natural gas liquefaction plant in Brazil, Business Wire reports. It is also the first liquefied natural gas (LNG)
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BP disputes claims it manipulated data

August 22, 2006
According to the Associated Press, British oil company BP denied allegations it manipulated data from inspections of Alaska pipelines which were partially shut down earlier this month because of corrosion
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BP shuts down largest U.S. oil field

August 7, 2006
Oil company BP scrambled Monday to assess suspected pipeline corrosion that will shut down shipments from the nation''s biggest oilfield, removing about 8 percent of daily U.S. crude production and
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