Russian oil platform capsizes; 4 dead, 49 missing
An oil rig with dozens on board reportedly sank in the freezing cold Sea of Okhotsk in Russia’s Far East region on Sunday. More »
Brazil prosecutor says seeking ‘permanent’ ban on Chevron
A Brazilian lawsuit that seeks to halt Transocean Ltd. (RIG) and Chevron Corp. (CVX) operations after an oil spill would reduce the country’s offshore drilling at a time when it wants to double output in ten years. More »
Brazil prosecutors seek $10.7B from Chevron, Transocean
Chevron Corp. and Transocean Ltd. were asked by a Brazilian federal prosecutor to suspend all activity in Brazil and pay $10.7 billion in damages after an oil spill last month. More »
Cameron appeals BP Gulf spill trial plan, wants case before jury
Cameron International Corp. (CAM) told a federal appeals court its right to a jury trial would be infringed under a plan to have a judge determine which companies should be blamed for the 2010 BP Plc oil spill in the Gulf of Mexico. More »
Chinese fishermen file suit against ConocoPhillips
A group of more than 100 Chinese fishermen filed a lawsuit Tuesday seeking compensation from ConocoPhillips China, blaming oil spills from some of its offshore wells for damage to their sea cucumber catches. More »
House passes bill to toughen pipeline safety
A final compromise to toughen safety rules on the nation’s fuel pipeline network cleared the House Monday, with Senate passage expected to follow shortly. More »
Transocean says it doesn’t owe fines for below-surface spill
Transocean Ltd. said it can’t be forced to pay federal fines or penalties for oil spilled below the surface of the Gulf of Mexico in the Deepwater Horizon incident because of an indemnity contract with BP Plc. More »
2 injured in Houston-area refinery blast
Two people were injured when explosions rocked an independent refinery in the industrial Houston suburb of Pasadena. More »
House, Senate leaders agree on pipeline safety bill
House and Senate leaders said yesterday they had reached an agreement on legislation to reauthorize and strengthen pipeline safety programs through fiscal 2015. More »
Chevron may need to drill relief well at Frade, Chambriard says
Chevron Corp., the second-largest U.S. oil company, may need to drill a relief well at its Frade project in deep waters off Brazil’s coast as part of measures to counter a spill, Magda Chambriard, a director at the country’s oil regulator, said in Rio de Janeiro today. More »
Appeals filed in CITGO fine
CITGO Petroleum Corp. and the U.S. Justice Department have appealed a recent judge’s ruling that the company pay $9 million in a lawsuit the government brought over a major 2006 oil spill at the company’s Lake Charles refinery. More »
NATO fuel tankers set ablaze in Pakistan
Assailants torched more than 20 tankers in Pakistan carrying fuel for U.S. and NATO troops in neighboring Afghanistan on Thursday, in the first reported attack since Islamabad closed the border to protest coalition airstrikes that killed 24 Pakistani troops last month. More »
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