In this April 2010 file photo, oil can be seen in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. (AP Photo/Gerald Herbert, File)

Federal judge grants trial delay in BP oil spill fraud case

The Sun Herald reports U.S. District Court Judge Louis Guirola Jr. found the evidence so voluminous that attorneys would need more time to prepare their defenses.
(Screengrab, via Youtube)

Watch: Anadarko’s Heidelberg spar makes 400-mile trip to deep Gulf of Mexico

On Monday, the Woodlands-based oil explorer released a video showing the spar’s 23,000-ton hull traveling 400 miles over four days.
A column of smoke comes off the West Delta 32 complex in the Gulf of Mexico after an explosion on a Black Elk platform on Nov. 16, 2012. (U.S. Coast Guard)

Manslaughter charges filed in deadly 2012 platform blast

The blast killed three Filipino workers — Avelino Tajonera, Ellroy Corporal and Jerome Malagapo — and injured several others.

While US crude imports rise from Iraq, Saudi’s remain subdued

It is Margaret Atwood’s 76th birthday, and her 2009 novel ‘The Year of the Flood‘ seems an appropriate way to sum up the crude market this year. We await the weekly EIA inventory report this morning, with oil inventories less than 4 million barrels shy of the record of 490.9 mn bbls seen earlier in the […]
FRAMO Offshore Technology Conference at the NRG Center Monday, May 4, 2015, in Houston, Texas. ( Gary Coronado / Houston Chronicle )

Shell vessel heads to deep Gulf waters amid region’s uncertainty

The Anglo-Dutch oil major’s latest project is slated to produce a peak 50,000 barrels a day in a region estimated to hold up to 2 billion barrels a day in production.
Birds fly as pedestrians watch tug boats transport the Chevron Corp. Jack St. Malo semi-submersible drilling and production platform to the Gulf of Mexico from Kiewit Offshore Services in Ingleside, Texas, U.S., on Friday, Nov. 15, 2013. Chevron Corp. expects its $7.5 billion Jack/St. Malo platform to begin producing oil and gas in 2014, with a long-range target of 177,000 barrels per day. Photographer: Eddie Seal/Bloomberg

Commentary: Offshore well control rule will hurt, not help, offshore energy development

The oil and natural gas industry has spent the last five years following the Deepwater Horizon incident working with government and regulatory officials to improve the safety of operations offshore.
Otis Barnes, left, of Port Arthur, and his daughter, Kay Barnes, of Groves, watch as the 15-story, 8,000-ton hull of the Neptune SeaStar - an oil and gas production platform that Australia-based BHP Billiton, Marathon Oil, Woodside Energy and Repsol will operate - is towed by tugboats down the Port Arthur Ship Canal Saturday morning, May 19, 2007.
BHP Billiton commissioned the rig to be built in June 2005, and that year's hurricanes didn't stop construction. This is one of the few hulls built in the U.S. rather than Finland, Korea or Japan, and the construction provided jobs when the hurricanes wiped out a lot of others for months.
May 19, 2007

Marathon Oil selling Gulf fields for $205 million

The Houston oil producer said Monday it is holding onto minority stakes in two Gulf projects.

West African crude imports head to East Coast, not Gulf Coast, amid global glut

As Ralph Macchio celebrates his 54th birthday (make you feel old? me neither, ahem…), the crude complex has tried to kick higher ahead of the weekly inventory report, but is losing the fight against a stronger dollar. While we continue to slowly exit US maintenance season, builds to crude stocks are still underway. Last night’s API […]
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Commentary: Stronger dollar clobbers crude

In honor of what would have been Johnny Carson’s 90th birthday, the oil market is full of chatter to finish the week. We’ve had a bunch of economic releases to promote discussion overnight, while monetary easing is the talk of the town today. Japan’s flash PMI manufacturing print kicked off a decent dump of data, […]
The hull of Chevron's Big Foot oil platform takes a three-month journey from Korea to Texas. (Chevron)

Investigation ongoing into failure at Chevron’s Big Foot project

Chevron’s beleaguered Big Foot platform has been towed back to South Texas while the company continues to investigate the failure of equipment used to latch the hulking steel platform to the seafloor.