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Conrad Bibens

Oil flows out of the top of the transition spool, which was placed into the gushing Macondo wellhead at the site of the Deepwater Horizon oil spill in the Gulf of Mexico in July 2010. AP Photo/BP PLC, File)

Judge says jury can decide Alabama’s Gulf-oil-spill claims

BP had moved to block a jury trial for the state.
Categories: Gulf oil spill
(Photo: Fotolia)

Oil rises, natural gas soars

The price of oil rose 1 percent Thursday as stockpiles declined and new indications that demand is rising in the U.S., the world’s largest crude consumer. The price of natural gas soared nearly 5 percent to close at $4.46 per thousand cubic feet — the highest price since July of 2011 — after the government […]
Categories: General
A worker inspects  facilities on an oil drilling platform. (Getty Images)

Total sells Nigeria offshore oil stake for $2.5 billion

It’s a sign of China’s growing stakes in the West African nation’s oil production.
Categories: Africa, Europe
(Image: Fotolia)

Oil prices rise on continued concern about Iran

Brent crude, a benchmark for foreign oil imported by U.S. refineries to make gasoline, added $1.24 to end the day at $122.90 per barrel in London.
Categories: Crude oil, Natural gas