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Researchers find oil footprint from 2010 Gulf oil spill

New research is shedding more light on the fate of the crude that gushed out of BP’s failed Macondo well in 2010.  More »

Huntsman posts higher earnings despite Texas plant outage

The company attributed the increase to growing demand for key products, including textile dyes and chemicals and a specific kind of polyurethanes.  More »

Citgo not for sale, Venezuela says

Venezuela has ruled out selling its U.S.-based refining subsidiary Citgo Petroleum Corp, Finance minister Rodolfo Marco Torres told Caracas-based El Universal newspaper in an interview published Sunday.  More »

A lot’s changed since 1980s, but lower oil prices still cause unease

Oil prices have fallen this year, and that’s causing people in the oil capital to remember a much deeper slump 30 years ago.  More »

Blackfeet urge government to cancel energy leases

Blackfoot tribal leaders from Canada and Montana are calling on the U.S. government to cancel oil and gas leases on sacred land near Glacier National Park, as a lawsuit works its way through the federal courts.  More »

Berkshire Hathaway railroad adds surcharge on older oil tank cars

The railroad operator the first major U.S. operator using fees to encourage shippers to scrap the puncture-prone older cars.  More »

LyondellBasell profits climb 48 percent

The international chemical giant continued to capitalize on cheap raw materials cost while taking advantage of a tight U.S. market for ethylene.  More »

Contractor: Freeport LNG to break ground within weeks

Freeport LNG could break ground on its initial two liquefaction trains within a matter of weeks, a major contractor working on the project told investors Thursday.  More »

Getting new oil means fathoming the deep

Finding the oil is just the beginning, especially in the depths of the sea.  More »

Oil producers unite to lobby for crude exports

Fourteen of the nation’s largest independent oil companies are banding together to lobby for the right to export crude around the world. It’s a sign the industry is revving up for a big, coordinated push to dismantle those trade restrictions next year.  More »

Exxon Mobil CEO: Not moving headquarters to Houston

ExxonMobil’s CEO on Thursday dashed Houston’s hopes that the multinational oil and gas giant would relocate its headquarters to Houston, saying he plans to continue to honor the company’s foundational principals to keep separate its executive suites from its operations.  More »

Wireless Seismic facing patent infringement suit

The Sugar Land-based company with investment from energy giants Total and Chesapeake is facing a federal lawsuit alleging that it’s infringing on a rival firm’s patents.  More »

Government Overhaul: Long Overdue

The October 22 edition of the New York Times ran an article, Nation’s Confidence Ebbs at a Steady Drip, that focused on the public’s loss of confidence in the Federal Government, the President, and Congress. The article pointed out that the President began his presidency committed to restoring public confidence that had been severely damaged […]  More »

Occidental profits fall 24 percent amid deflating crude prices

Occidental Petroluem said domestic oil production costs rose in the third quarter.  More »

To solve worker shortage, Dow offers apprenticeships

Dow Chemical expects to hire 60 apprentices, who will receive two to four years of training and on-the-job experience to prepare them for work as chemical process operators, instrumentation and equipment technicians and analyzer technicians.  More »
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