Oil giants' profits up on higher fuel prices The Boston Globe | NEW YORK - The major oil companies continue to climb back from the recession, with higher fuel prices driving up earnings. | After setting record profits in 2008, the oil industry tanked last year as the global economic downturn induced a dramatic drop in oil and natural gas prices. Yesterday, sai...
Estimate Rises of Oil Spill in Michigan The New York Times | BATTLE CREEK, Mich. — More than one million gallons of oil may have spilled from a pipeline into the Kalamazoo River this week, significantly more than the pipeline’s owner initially estimated, federal officials said. Related | The Lede Blog: YouTube Video of Michigan Oil Spill (July 2...
PIB Will Address Oil Spills, Says Minister All Africa The Petroleum Industry Bill (PIB), an amalgamation of over 16 existing laws covering the entire oil and gas sector in Nigeria, contains stringent guidelines that will protect the environment from oil spills and other forms of degradation, when passed...
Oil falls to near $78 as global stocks drop Houston Chronicle | SINGAPORE - Oil prices fell to near $78 a barrel Friday in Asia as the region's stock markets dropped on dour economic figures from Japan ahead of a key U.S. growth report. | Benchmark crude for September delivery was down 35 cents to $78.01 a barr...
Company at center of Mich. oil cited for problems Houston Chronicle | BATTLE CREEK, Mich. - A Canadian company at the center of a huge oil spill in southern Michigan has a history of pipeline problems, including leaks, an explosion and dozens of regulatory violations. | Enbridge Inc. or its affiliates have been cited...
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Oil Spill Crime? Send In the BP Squad The New York Times | Peter J. Henning follows issues involving securities law and white-collar crime for DealBook’s White Collar Watch. | Attorney General Eric H. Holder Jr.’s criminal investigat...
NC expert: Gulf oil unlikely to reach East Coast Philadelphia Daily News | The Associated Press | RALEIGH, N.C. - An expert on marine sciences and coastal circulation says it's unlikely oil from BP's massive spill in the Gulf of Mexico will reach the Ea...
Greek police fire tear gas at striking truckers The Guardian | Government issues emergency order as fuel shortages strand tourists and disrupt food and medical supplies Greek truck drivers clash with riot police in Athens. Photograph: John K...
US gas stations: Stay BP or change name to Amoco? The Press Democrat | Some who have seen their sales plunge because of protests say BP has already sought a fresh start by naming an American to replace its gaffe-prone British CEO, so why not change the name on gas stations marquees as a further symbol of that culture ...
Company at Center of Mich. Oil Cited for Problems The New York Times | Filed at 4:03 a.m. ET | BATTLE CREEK, Mich. (AP) -- A Canadian company at the center of a huge oil spill in southern Michigan has a history of pipeline problems, including leaks, an explosion and dozens of regulatory violations. | Enbridge Inc. or ...
Megrahi witnesses delay panel The Australian | A US Senate panel has put off a hearing on the Lockerbie bomber's release because key British and Scottish witnesses "stonewalled" and refused to appear. | The foreign relations committee postponed last night's hearing after key witnesses, including former British justice secretary Jack Straw, Scottish Justice Secretary Kenny MacAs...
BP spill cases head to court as Shell counts cost The Star | LONDON/WILMINGTON, Del. (Reuters) - The tide of lawsuits unleashed by BP'soil spill in the Gulf of Mexico breaks into an Idaho courtroom on Thursday, just as the company's rivals are counting the cost of a ban on offshore drilling. Crews conduct controlled burns near the Deepwater Horizon/BP incident site in Gulf of Mexico in this May 26, 2010 ha...
