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Latest Oil & Gas News from Oil & Gas Industry Today

27 Jan 23:36 GMT

Brazil's Vale To Decide In 2012 If It Will Sell Oil, Gas ...

… if it will sell its oil and natural-gas assets in Brazil … some natural-gas assets to supply gas for the company's … minority stakes in 18 oil-and gas blocks in Brazil's … is a partner with state-controlled Petroleo Brasileiro SA (PBR, PETR4.BR …
27 Jan 22:57 GMT

Labour crunch hits oil, gas drillers

… the industry toward unconventional oil and gas drilling. Instead of drilling a vertical well … off the street to directional drill.” The Petroleum Human Resources Council estimates … bullish outlook for natural gas NG-FT and oil prices, CL-FT the council said …
27 Jan 22:47 GMT

Tanzania Govt Preps Economy for Major Discoveries

… gas sector in anticipation of major commercial discoveries … export … gas pipeline … oil and gas exploration companies such as BP, Petrobras, Statoil, Exxon Mobil and Shell … drilling this year. Shell teamed up with Petrobras last October to explore …
27 Jan 21:06 GMT

Judge: Contract shields Gulf oil spill rig owner

… — The rig owner involved in drilling the ill-fated well that blew … spewed more than 200 million gallons of oil will not have to … Thursday. The ruling comes as BP, the states affected by the … nation's largest offshore oil spill. The decision may have spared …
27 Jan 20:51 GMT

House GOP ready to move on Boehner’s plan to link drilling ...

… National Wildlife Refuge (ANWR) to drilling — a nonstarter for the White … ; and require commercial leasing for oil shale projects in Western states … new American jobs, lower energy prices and generate new revenue to …
27 Jan 20:27 GMT

Investment group eyes Petroplus French refinery

… oil refiner Petroplus' Petit-Couronne refinery … mining, oil and gas, … Shell... » Brazil refinery guarantees lacking RIO DE JANEIRO: Venezuelan state-owned oil … refinery restarting after fault CARACAS: Venezuela 310,000 barrel per day Cardon oil refinery …
27 Jan 20:22 GMT

SCIO TOWNSHIP: Industrial oil spill at Zeeb and Marshall ...

… of equipment was leaking oil by the gallon onto the street surface … time we arrived 30 gallons of transformer oil had leaked onto Marshall … time we arrived 30 gallons of transformer oil had leaked onto Marshall …
27 Jan 19:57 GMT

Discovering versatile and resilient camellias

… week I was surprised to discover camellia displays at wholesale and … from the typical 3 gallons to 7.5 gallons and finally to … white insects - with an oil emulsion plus insecticide spray. kathy …
27 Jan 19:25 GMT

BP loses attempt to share Deepwater Horizon oil spill costs

… Beach, Alabama, after the devastating oil spill. The Gulf coast is still … upheld a clause in the drilling contract that shielded Transocean from … indemnified by BP for the liabilities resulting from the oil spill. The court …
27 Jan 19:14 GMT

Weekly US oil, gas rig count unchanged at 2,008

… number of rigs actively exploring for oil and natural gas in the U … ,225 rigs were exploring for oil and 777 for natural gas. Six were …
27 Jan 18:55 GMT

Arab Gulf States Urged to Increase Pipelines After Iran's ...

… to export their petroleum. Experts differ, however, on whether proposed pipelines … waterway would likely send oil prices soaring and have a … new pipeline able to pump 1.5 million barrels of oil … it from selling its crude abroad. Sanctions Western nations …
27 Jan 18:49 GMT

Judge calls for BP to indemnify Transocean in 2010 gulf oil ...

… semisubmersible drilling rig, against compensatory damages in the Gulf of Mexico oil spill … the incident although BP bears final responsibility for the spill. Halliburton handled the …
27 Jan 18:43 GMT

House GOP begins moving on Boehner’s plan to link drilling ...

… National Wildlife Refuge (ANWR) to drilling — a nonstarter for the White … ; and require commercial leasing for oil shale projects in Western states … new American jobs, lower energy prices and generate new revenue to …
27 Jan 18:38 GMT

Interest group uses radio to focus FL on BP oil spill

… use fines charged to British Petroleum to restore damaged the Gulf … says it is likely that BP will agree to pay in … payments go toward fixing what BP damaged. "Florida, the Gulf … are still suffering from the BP oil disaster, so we wanted to …
27 Jan 18:18 GMT

Oil price waver on Persian Gulf supply concerns

… :07 PST , (AP) -- Oil prices moved in a … per barrel earlier in the session. Brent crude rose 34 … of Iran's oil exports. Analysts believe any … refineries, which produce much of the nation's fuel. … oil rose 2 cents to $3.07 per gallon and natural gas …
27 Jan 17:50 GMT

Oil spill response in Abbotsford triggers concerns

… information about the Kinder Morgan oil spill on Tuesday. Christina Bergstresser and … Sumas Mountain Road. The spill was discovered in a tank containment area … is part of the pipeline system which brings crude oil from Alberta to …
27 Jan 17:44 GMT

Magellan Petroleum Corporation Announces a New Pool ...

… approximately 106 barrels of oil per … exploration, development, and production of overlooked crude oil and "stranded" natural gas … of already discovered oil and natural gas properties … . SOURCE Magellan Petroleum Corporation Copyright © 2011 …
27 Jan 17:35 GMT

Magellan Petroleum Corporation Announces a New Pool ...

… /PRNewswire/ -- Magellan Petroleum Corporation (the … producing approximately 106 barrels of oil per … exploration, development, and production of overlooked crude oil and "stranded" natural gas … of already discovered oil and natural gas properties …
27 Jan 17:32 GMT

U.S. unveils offshore oil, gas plan

… central Gulf of Mexico for oil and gas exploration, in a move to … billion plan to extend the Keystone pipeline that runs between the United … billion barrels of oil and 134 trillion cubic feet of natural gas that …
27 Jan 17:22 GMT

Association Urges SPDC to Provide Relief for Victims of Oil ...

… , Rivers chapter, has appealed to Shell Petroleum Development Company (SPDC) to provide … the victims of the Bonga oil spill in the state. The Chairman … to leave victims of the spill without immediate relief to cushion …
27 Jan 14:16 GMT

News bites: Chevron faces criminal charges for Brazilian oil ...

… for a November oil spill in Brazil, Reuters reports. The oil industry says … to pay for Gulf oil spill costs: "Oil giant BP has lost its … of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have …

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