Posts by Author

Associated Press

(Apache Corp.)

BP signs $12B deal to develop Egypt gas field

on
BP said in a statement Friday that the investment is “a vote of confidence in Egypt’s investment climate.”
Categories: Deals, Middle East
Smoke erupts from the scene of a train derailment Thursday, March 5, 2015, near Galena, Ill. A BNSF Railway freight train loaded with crude oil derailed. (AP Photo/Telegraph Herald, Jessica Reilly)

BNSF freight train with crude oil derails near Illinois city

on
According to railroad officials, the train derailed around 1:20 p.m. Thursday in a rural area where the Galena River meets the Mississippi.
A very large smokestack flare burns off flammable product after an explosion in a processing facility at the ExxonMobil refinery in Torrance, Calif. on Wednesday, Feb. 18, 2015. A small ground fire was quickly extinguished and the facility's flare system was triggered for safety reasons. Two workers suffered minor injuries. (AP Photo/Daily Breeze, Chuck Bennett)

California State Senate holds hearing in Torrance on refinery explosion

on
Refinery owner Exxon Mobil officials, first-responders and representatives of government environmental agencies were scheduled to appear at the public hearing at Torrance City Hall.
(Kevin Cederstrom/AP)

Nearly 19,000 gallons of saltwater spills north of Tioga

on
The pipeline owned by Continental Resources ruptured after it was struck by equipment excavating at the site about 16 miles north of Tioga.
The former Exxon Mobil-owned Bayway Refinery in Linden, N.J. ConocoPhillips now operates the plant. Photographer: Daniel Acker/Bloomberg

New Jersey officially announces $225 million Exxon Mobil settlement

on
Acting Attorney General John J. Hoffman said the settlement over refinery sites in Linden and Bayonne is separate from Exxon Mobil’s obligation to clean up the sites at its own expense.
Photographer: Daniel Acker/Bloomberg

Kinder Morgan IDs shippers for planned natural gas pipeline

on
The pipeline’s capacity is from 1.2 billion to 2.2 billion cubic feet of gas per day.
(Daniel Acker/Bloomberg)

Statoil agrees to pay $2 million for illegal well in North Dakota

on
Authorities say the well was drilled in December 2011 on unleased federal land about two weeks after Statoil Oil & Gas Services Inc. acquired Brigham Oil & Gas L.P.
(AP Photo/Hussein Malla, File)

Libya says 11 oil fields non-operational after Islamic State attacks

on
The National Oil Corporation blamed authorities in the Libyan-capital of Tripoli, set up by Islamist-backed militias, for failing to protect the oil fields.
Senate Republican leader Mitch McConnell of Kentucky speaks with reporters following a weekly Republican policy luncheon, at the Capitol. (AP Photo/J. Scott Applewhite)

Top Senate Republican tells states: ignore EPA carbon rules

on
In an op-ed published Tuesday in the Lexington Herald-Leader, Majority Leader Mitch McConnell of Kentucky says states should reject Obama’s proposed requirements for power plants to reduce carbon dioxide, the chief greenhouse gas.
ExxonMobil Chairman and CEO Rex Tillerson (AP/Haraz N. Ghanbari)

Exxon CEO: Get used to lower oil prices

on
Speaking at the company’s annual investor meeting in New York, Tillerson cautioned that geopolitical turmoil could unexpectedly send prices higher.