The operator and federal regulators say the flow of natural gas, water and sand has been stopped at a drilling rig off Louisiana’s coast. More »
Benchmark crude oil for March delivery fell 74 cents to close at $97.49 a barrel.
The price of oil slipped below $98 a barrel on Friday, backing off the 2014 peak it hit in the previous session on signs of stronger recoveries in the U.S. and Japan. More »
Tejas Tubular Products is expected to begin construction on a 350,000-foot facility this year. More »
Officials say no injuries or pollution have been reported and efforts are underway to stop the flow of gas. More »
Natural gas prices fell sharply on forecasts for milder temperatures. More »
Federal chemical safety investigators are recommending tougher state and federal oil refinery oversight after a 2010 explosion and fire at a Tesoro Corp. refinery in Anacortes that killed seven workers. More »
The National Association of Railroad Passengers wrote to U.S. Transportation Secretary Anthony Foxx this week urging him to intervene.
The price of crude rose nearly 2 percent. More »
An agreement with major oil and pipeline companies to advance a liquefied natural-gas project represents a “groundbreaking achievement” for Alaska, says the state’s revenue commissioner. More »
The U.S. Chemical Safety Board has delayed finalizing its investigative report into an April 2010 explosion that killed seven workers at the Tesoro refinery in Anacortes, prompting criticism from its own members and others. More »
The price of oil inched up to around $97 a barrel Monday but gains were tempered by the prospect of a further reduction in U.S. central bank stimulus and stock market headwinds.