In a Nov. 28, 2012 file photo, David  Rainey, center, a former BP vice president during the Deepwater Horizon oil rig explosion, leaves Federal Court in New Orleans. Rainey was acquitted of one charge of lying to federal investigators on June 5, 2015. (AP Photo/Matthew Hinton, File)

Ex-BP executive Rainey found not guilty of making false statement

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A federal jury has found a former BP executive not guilty of making false statements to investigators in connection with the 2010 Gulf of Mexico oil spill.
A Sikorsky model 76-D helicopter hovers over a runway during a demonstration of the new Sikorsky model 76-D helicopter designed for transporting offshore oil workers at West Houston Airport Friday, Jan. 23, 2015, in Houston. Sikorsky just opened a Houston office to focus on oil & gas support. 
( James Nielsen / Houston Chronicle )

Sikorsky to cut 1,400 jobs, citing falling oil production

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Spokesman Paul Jackson said the cuts are not related to a review by United Technologies of whether to sell, spin off or divest Sikorsky. A decision is expected to be announced in about a month.
(AP Photo/Gerald Herbert, File)

Prosecution: Former BP exec lied to oil spill investigators

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Defense attorneys countered Tuesday that prosecutors are trying to convict David Rainey based on an interview conducted a year after the spill.
A heavy duty jack-up rig drills over the Forties Echo platform (Apache Corp.)

Apache reorganizes leadership, closes offices

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Houston-based Apache CEO and President John Christmann, who abruptly took over the CEO role in January, is merging North American operations into two “super regions” in Houston and the Permian region in Midland. A third international and offshore super region will consist of Apache’s Egypt, North Sea and Gulf of Mexico regions.
Chevron's massive deep water offshore platform heads to the Gulf of Mexico. The project was slated to start production this year, but that's been delayed after several subsea installation tendons sustained damage. (Chevron)

Exxon, Chevron clear to bid on Mexican shallow-water blocks

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Mexico forecasts that the opening of the energy industry will bring in $62.5 billion in private investment by 2018 and increase its annual oil output by 500,000 barrels a day in that time.
In this March 31, 2015 photo, a supply vessel crosses an oil sheen drifting from the site of the former Taylor Energy oil rig in the Gulf of Mexico, off the coast of Louisiana. The New Orleans-based company has downplayed the leak's environmental impact, likening it to scores of minor spills and natural seeps that the Gulf routinely absorbs. (AP Photo/Gerald Herbert)

Gulf oil leak records cannot be kept secret, US judge says

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An Associated Press investigation recently revealed evidence that the leak at the site of the toppled platform is worse than Taylor or government regulators had publicly reported.
In this Sept. 16, 2004 file photo, waves crash against a sailboat lodged under a bridge in Fort Walton Beach, Fla., after Hurricane Ivan struck the gulf coast. Federal regulators believe a persistent oil spill in the Gulf of Mexico that began after a drilling platform was toppled during Hurricane Ivan in 2004 will continue for 100 years or more if left unchecked. (AP Photo/John Bazemore, File)

US says decade-old Gulf oil leak could last another century

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The federal government is warning that the leak could last another century or more if left unchecked.
A liquefied natural gas (LNG) tanker operated by Energy Advance Co., a unit of Tokyo Gas Co., is moored at the company's Sodegaura plant in Sodegaura City, Chiba Prefecture, Japan, on Thursday, March 22, 2012. (Tomohiro Ohsumi/Bloomberg)

Texas LNG export project quickly advances with new CB&I contracts

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NextDecade contracted with CB&I — both companies are headquartered in The Woodlands — to conduct the front-end engineering and design and to determine the project’s engineering, procurement and construction terms. The terms of the deal are not being released.
The Deepwater Horizon drilling rig burns in the Gulf of Mexico on April 21, 2010, the day after the blowout of BP's Macondo well. (Associate Press photo)

Drilling set to resume near site of BP’s blowout in Gulf

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A Louisiana-based oil company, LLOG Exploration Offshore, plans to drill into the Macondo reservoir.
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2 workers dead, 10 hurt in Mexico oil rig accident

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The Troll Solution rig was maneuvering to perform offshore maintenance at the time of the accident in the Bay of Campeche, Pemex said.