Drilling advances prompt escalating fight in Colo.
New technology is putting oil and gas drills closer to populated areas than ever before — creating tension in Colorado over who regulates where drilling can and can’t be done. More »
Judge pares down fees for attorneys in BP case
A federal judge has ruled that people pursuing their Gulf of Mexico oil spill claims against BP outside of federal court do not have to pay fees to hundreds of lawyers working on behalf of about 120,000 claimants fighting the oil giant in court. More »
Chevron rig fire on 5th day off Nigeria’s coast
Chevron Corp. says it is still trying to extinguish a five-day old fire on its rig off Nigeria’s coast after presuming two foreign workers dead. More »
Huge oil rig arrives to explore in Cuban waters
A massive oil rig has arrived in Cuban waters and is set to begin exploring for undersea crude. More »
BP may pay U.S. $25 billion for Gulf spill
BP Plc (BP/), the operator of the Macondo well that caused the worst U.S. oil spill in the Gulf of Mexico in 2010, may reach a settlement with the U.S. for as much as $25 billion, Morgan Stanley said. More »
Officials hold meeting on Gulf restoration plans
Federal and state officials have presented plans to hold BP to its promise to make the Gulf whole in the wake of the 2010 oil-spill disaster. More »
US, Filipino forces plan drills near disputed area
U.S. and Philippine marines plan to hold combat drills at an oil rig in the South China Sea to bolster the defense of such sensitive facilities in a bold move that may provoke protests from China, which claims waters in or near the location. More »
Mulva calls for greater access to federal land for drillers
ConocoPhillips CEO James Mulva calls for an overhaul of government policies toward domestic oil and gas production, including greater access to federal land to drilling, in a speech at Rice University’s Baker Institute. More »
Feds challenge credibility of former BP executive
U.S. officials say a former BP executive was paid $107,000 a month to do consulting for a company lawyer, but allege the money may have been designed to influence her testimony during a deposition in litigation over the Gulf oil spill. More »
Shell teams up with Tullow to explore for oil in Atlantic
Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, joined Tullow Oil Plc (TLW) to explore for oil and gas in new frontiers in the Atlantic Ocean. More »
Obama advisers call for “all in” energy strategy for jobs, security
In a report issued Tuesday, President Obama’s Council on Jobs and Competitiveness suggested more development of conventional and renewable energy on federal lands to create jobs and boost energy security. More »
Feds link gas in Ohio water wells to drilling
A federal agency says high natural gas in water wells at two northeast Ohio homes is a public health threat and appears linked to natural gas drilling in the area. More »
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