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Oil & Gas News

Oil & Gas news continually updated from thousands of sources around the net.

2 hrs ago | Switched

Gas Pipeline Accident Kills 1, Injures 2 In Louisiana

The Henry Gas Processing Plant, a refinery and storage facility operated by Chevron Corp. subsidiary Sabine Pipe Line LLC, stands in Erath, Louisiana, U.S., on Thursday, Aug. 26, 2010. Natural gas futures fell to an 11-month low after an Energy Department report today showed that U.S. stockpiles rose more than forecast last week.


Related Topix: Energy, Chevron Corporation, Erath, LA

6 hrs ago |

Chevron draining natural gas after worker death

Authorities say that Chevron is still releasing natural gas from a pipeline off the Louisiana coast where a Saturday incident killed a maintenance worker. Col. Mike Edmonson, the superintendent of the Louisiana State Police, said Sunday his agency and the U.S. Coast Guard intend to send a joint team to the platform Monday to start an investigation.


Related Topix: Chevron Corporation, Energy, US Coast Guard, US Military, US News

10 hrs ago | WWTC-AM Eagan

Contractor Dead In Louisiana oil Pipeline Accident

One person is dead and two others suffered minor injuries after a natural gas pipeline accident off the Louisiana coast. A Chevron spokesman said a contractor was killed in the accident that took place Saturday morning.


Related Topix: Energy, Chevron Corporation

14 hrs ago | KNDO

US, EU levy sanctions on Russia despite cease-fire

Unsatisfied with a fragile cease-fire in Ukraine, the United States and the European Union levied new sanctions Friday against major Russian banks and defense companies, as well as penalties aimed at curtailing Russia's ability to develop oil and gas projects. But the restrictions on Russia's energy sector were carefully crafted to avoid impacting the country's current production of oil and gas, a move that would raise global energy prices at time of weak economic growth.


Related Topix: World News, OPEC (Organization of the Petroleum Exporting Countries), Vladimir Putin, Exxon Mobil, Energy

18 hrs ago | Berkshire Eagle

'LOVE' artist Indiana doesn't show at celebration

Reclusive artist Robert Indiana was expected make an appearance outside his island residence on Saturday to take part in a celebration of his art around the world on his 86th birthday but he didn't emerge from his home, disappointing dozens of fans. The event was called International HOPE Day and took place in cities across the world.


Related Topix: Trance, Indiana, Murphy Exploration and Production Company International, Energy

Sat Sep 13, 2014


Pia Zadora to have ankle surgery after accident

According to her spokeswoman, entertainer Pia Zadora is resting comfortably at a Las Vegas hospital with serious injuries after a fall from a golf cart near her home. The NFL was already under heavy criticism this week for the way it handled of a domestic violence case involving a prominent player.


Related Topix: Las Vegas, NV, Domestic Violence (Domestic Abuse), Law, Chevron Corporation, Energy

The Fresno Bee

1 dead in gas accident on offshore La. platform

Chevron spokesman Gareth Johnstone says in an email that the contractor was among four maintenance workers on the platform about 11:10 a.m. Saturday. He says two others were taken to a hospital for what are expected to be minor injuries.


Related Topix: Energy, Chevron Corporation

South China Morning Post

Honghua prepares to enter offshore equipment market

Maker of land oil and gas drilling equipment branching into new market amid questions over whether it can deliver on time and within budget Honghua Group, one of the world's largest land-based oil and gas drilling rig makers and the mainland's largest exporter of such rigs, has seen the market bust and boom since listing in Hong Kong in 2008. From a net profit of 512 million yuan in 2008, Honghua, which is based in Sichuan province, plunged into losses in 2009 and 2010 before recovering in the past two years.


Related Topix: PetroChina Company

Greeley Tribune

Flood anniversary: Oil, gas industry continues to dig out from Weld flood's damage

As the floodwaters washed through the riverbeds and outlying fields of Weld County last fall, oil and gas spills were among the least of the energy industry's worries. What would come after the two-week soak - extensive repairs and recovery and a host of public scrutiny - would continue for the next year as a result of four days of flooding on the Poudre, St. Vrain and South Platte rivers that drenched much of Weld County last September.


Related Topix: Natural Disasters, Flood, Anadarko Petroleum, Anadarko, OK

West Australian

US stocks drop on Russia sanctions, Fed speculation

US stocks dropped Friday as the West slapped new sanctions on Russia and traders saw a higher chance the Federal Reserve next week will accelerate its timeline to raise interest rates. The broad-based S&P 500 fell 11.91 to 1,985.54, while the tech-rich Nasdaq Composite Index lost 24.21 at 4,567.60.


Related Topix: Financial Markets, Vladimir Putin, Exxon Mobil, Energy

Sacramento Bee Newspaper

Rare snowstorm slams Rockies states, South Dakota

A woman walks her dog at dawn after the season's first snow fell over Boulder, Colo., Friday, Sept. 12, 2014.


Related Topix: Blizzard, Boulder, CO, Weather, Black Hills, Energy

Fri Sep 12, 2014

Police make arrest in Oakville Petro Canada robbery

Halton police have arrested a local man after an alleged robbery at a Petro Canada gas station in Oakville overnight Wednesday. The male entered the gas station, near Third Line and Speers Road, telling the attendant he had a gun, police said.


Related Topix: PetroCanada, Energy, Canada,

Business Journal

St. Louis developer Hayden buying Laclede Gas Building

The Laclede Gas Building's future has been up in the air since The Laclede Group decided in 2013 that it would relocate to the former General American Life Building just a few blocks away in downtown St. Louis. David Kelpe , senior vice president and principal of office brokerage at Cassidy Turley in St. Louis, who represents Hertz Investment Group , the California-based real estate investment company that owned the building, confirmed the acquisition.


Related Topix: Energy, Laclede Group, LG Group

The Jewish Journal

U.S. steps up sanctions on Russia over Ukraine

The United States hit Russia's largest bank, a major arms maker and arctic, deepwater and shale exploration by its biggest oil companies with new sanctions on Friday to punish Moscow for intervening in Ukraine. The sanctions target companies including Sberbank, the country's largest bank by assets, and Rostec, a conglomerate that makes everything from Kalashnikovs to cars, by limiting their ability to access the U.S. debt markets.


Related Topix: Exxon Mobil, Energy, BP plc, Vladimir Putin

Vallejo Times-Herald

US rig count up 6 to 1,931

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by six this week to 1,931. The Houston firm said Friday in its weekly report that 1,592 rigs were exploring for oil and 338 for gas.


Related Topix: Baker Hughes, Portales, NM

Decision on Kitimat LNG project 'economics-driven,' won't be rushed: Chevron

The CEO of Chevron Corp. says numerous hurdles must be cleared before the U.S. oil giant can decide the fate of its planned liquefied natural gas project in Kitimat. John Watson says the project needs a new partner, sales contracts with customers, clarity over British Columbia's fiscal regime and support agreements with First Nations.


Related Topix: Canada, Chevron Corporation, Energy

The Indian Express

RIL gas field investments depend on acceptable pricing: Niko

Reliance Industries' USD 10 billion investment in new fields off the east coast depends on the government approving acceptable gas price, its junior partner Niko Resources said. RIL has an array of natural gas discoveries in the Krishna Godavari basin KG-D6 block as well as NEC-25 area off the Odisha coast and it along with its partners BP plc of UK and Niko has detailed plans to bring them to production in the next few years.


Related Topix: Energy, Niko Resources

Brandon Sun

Minnesota regulators order broader study of 6 alternate routes for Enbridge pipeline

ST. PAUL, Minn. - Minnesota regulators have requested an expanded study of possible routes for $2.6 billion crude oil pipeline through the state.


Related Topix: Enbridge Energy Partners LP, Energy, Canada, Superior, WI

Seeking Alpha

Callon Petroleum: Fast Growing Permian Play Selling At A Big Discount

I recently added shares in my stake in fast growing Permian play Callon Petroleum after the stock had a big pullback earlier this week due to a secondary offering. The proceeds from the offering will be used to pay for a recent purchase that will substantially boost Callon's production and reserves.


Related Topix: Energy, Callon Petroleum

Thu Sep 11, 2014

S&P 500 rebounds with energy shares

The S&P energy index rose 0.1 percent, after trading down more than 1 percent earlier.


Related Topix: Financial Markets, ExxonMobil Chemical, Exxon Mobil, Energy, Chemicals, Jersey City, NJ


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