Daily Archives: January 4, 2013
Exxon to spearhead $14 billion oil project in Canada
Exxon Mobil Corp. is leading a $14 billion project to produce oil off of Canada’s northeast coast, the company announced Friday. More »
Is Shell in danger of getting frozen out of the Arctic?
The company can’t afford any more mistakes in Alaskan waters, even the logistical kind. More »
US jobs gains calm investor nerves
A solid US non-farm payrolls figure of 155,000 calms investors earlier unnerved by a new hawkish tone among some Federal Reserve policy makers More »
Report on Nebraska pipeline route goes to governor
The State Department has federal jurisdiction because the pipeline begins in Canada. More »
SEC drops probe into ex-Buffett lieutenant
Decision brings to a close an affair that exposed a rare lapse of judgment by the 82-year old Warren Buffett, who misjudged shareholder reaction More »
Biden faces key role in second term
The US vice-president’s long experience in the Senate means that he is in demand pushing through President Barack Obama’s ambitious legislative agenda More »
Coast Guard to probe stranded Shell rig
Investigation in Alaska could add to pressure from regulators to prevent company from resuming its Arctic exploration programme this summer More »
Construction under way of Caspian platform vessel
Lukoil says assembly has started in Baku, Azerbaijan of a transport and installation barge (TIB) for offshore platforms at the Vladimir Filanovsky field in the Caspian Sea. More »
Fresh bid for Faroese offshore license
Faroese petroleum administration Jarðfeingi has received an application for an offshore license for exploration and production of hydrocarbons. More »
US shrugs off fiscal concerns
The US economy shrugged off concerns about the fiscal cliff as it started 2013 with 155,000 new jobs and rising confidence in the services sector More »
New Keystone XL tree protesters descend
Two protesters who climbed onto tree platforms late Wednesday to block work on the Keystone XL pipeline have descended, a spokesman for the activists confirmed Friday. More »
Oil industry tax deductions may face fiscal cliff woes soon, analyst warns
The tax package that passed on Tuesday evening and included credits for a range of areas of renewable energy did not include another widely discussed area of possible tax revenue – removing some of the tax deductions that oil and gas companies have enjoyed. More »
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