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Oil & Gas

Fire extinguished at Venezuelan refinery

July 24, 2006
A fire recently broke out early at a major oil refinery in western Venezuela, but it was extinguished without reported injuries or loss of deliveries, officials said. According to the
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Hot weather played role in Praxair fire

June 19, 2006
Investigators have found that extremely hot weather was partly to blame for a fire that caused massive explosions last June at a compressed gas facility in St. Louis owned by
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BP CEO claims safety problems limited to one plant only

June 19, 2006
BP Plc Chief Executive John Browne said last Thursday that there was a "broken safety record" at its refinery in Texas City, Texas, where 15 people were killed and 170
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Praxair moving St. Louis plant to Cahokia, Illinois

June 14, 2006
Praxair Distribution Inc. is spending $3.5 million to renovate and upgrade its Cahokia, Ill., plant, where it plans to move its St. Louis industrial gases distribution facility, Praxair said last
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Kuwait eyes Dow, BP, Shell for possible China plant

June 5, 2006
Dow Chemical Co. and either British Petroleum or Shell may be partners in a joint-venture refinery project in China that Kuwait is considering to help build, Reuters reports. Kuwait said
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Praxair announces contracts with Pasadena Refining, China plant

June 5, 2006
According to Business Wire, Praxair, Inc. announced a long-term agreement with Pasadena Refining System, Inc. to provide hydrogen to its Pasadena, Texas refinery starting in April 2007. The hydrogen will
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EU hits acrylic glass cartel with $442 million in fines

June 5, 2006
According to the Associated Press, the European Commission recently imposed fines of about $442 million on four companies for fixing prices over a six-year period on acrylic glass which is
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Proxy firm targets Exxon’s “excessive” pension payment

May 23, 2006
Reuters reports that Proxy-advisory firm ISS, concerned about an "excessive" $98 million pension payment to retired Exxon Mobil Corp. Chief Executive Lee Raymond, is urging Exxon shareholders to withhold votes
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ConocoPhillips adding jobs in Oklahoma

May 18, 2006
ConocoPhillips, one of the nation''s largest oil and gas companies, said it plans to add 750 new jobs to its operations in Oklahoma over the next two years. According to
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BP has second pipe break at Alaska facility

April 18, 2006
British oil giant BP PLC said that a second pipeline ruptured at its Alaskan facility, a month after the company reported its largest-ever spill at an oilfield on Alaska''s Northern
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