This is an undated handout photo issued by Total E&P UK Ltd of Total's Elgin PUQ (Process/Utilities/Quarters)  platform. A two-mile exclusion zone has been set up around the offshore platform in the North Sea which has been evacuated after a gas leak, Tuesday, March 27, 2012. The leak on Total's Elgin PUQ platform, about 150 miles (241km) off the coast of Aberdeen, led to the evacuation of all 238 workers on Sunday. (AP Photo  / TOTAL E&P UK Ltd)

Total will attempt to plug leaking Elgin well within days

Total SA, Europe’s third-largest oil producer, plans to begin within days an attempt to plug a North Sea well that has leaked natural gas for almost seven weeks.

From The Beasties To Commodities

I was utterly gutted to hear about the passing of Adam Yauch (MCA from the Beastie Boys) last week. Although I disliked the band’s early stuff like ‘Fight For Your Right To Party’ and ‘No Sleep ’til Brooklyn’, their second album ‘Paul’s Boutique’ is one of my favorite records ever, and I have been a fan […]
Trailers used as temporary housing for oil industry workers are are parked along a dirt road outside Dore, N.D. (AP Photo/ James MacPherson)

Oil boom resurrects North Dakota ghost town

For more than three decades, Kerry and Darrell Finsaas were all that kept this blink-and-you-miss-it North Dakota community from becoming completely deserted.
Signs opposing the hydraulic fracturing process of drilling for gas, or "fracking"  are posted in Evans City, Pa. (AP Photo/Keith Srakocic, File)

Tribal leader opposes proposed fracking rule

A former president of the National Congress of American Indians says his tribe opposes proposed federal rules to require companies drilling for oil and gas on public and Indian lands to disclose chemicals used in hydraulic fracturing.

Newly independent ConocoPhillips will expand in North America, CEO says

In the first shareholders meeting since ConocoPhillips split from its refineries, CEO Ryan Lance said the company will expand in Texas regions with a high content of natural gas liquids.
An oil worker walks pass the manifold (right) and frac pumps (left) at a Chesapeake Energy hydraulic fracturing operation near Carrizo Springs, Texas in 2011. (John Davenport/San Antonio Express-News)

Report: Booming Eagle Ford Shale created 48K jobs

An oil and gas bonanza in South Texas supported nearly 48,000 jobs last year while creating overnight boom towns cashing in on a $25 billion economic windfall from the liquid-rich Eagle Ford shale, according to a university study released Wednesday.
(AP Photo/Pablo Martinez Monsivais)

Obama warms to energy industry by supporting natural gas

Huddled around the West Wing table were an unlikely group of co-conspirators with the administration of U.S. President Barack Obam
(John Davenport/San Antonio Express-News)

Watch live as UTSA releases Eagle Ford economic study

The University of Texas at San Antonio is set to release an economic impact study on drilling in the Eagle Ford play. The event will be held from 11:30 to 1:30 p.m.
Categories: Crude oil, Natural gas
Dust permeates the air at a Chesapeake Energy Co. hydraulic fracturing operation at a well site near Carrizo Springs, Texas. (John Davenport/San Antonio Express News)

Study questions whether fracking chemicals can migrate

A new study questions whether hydraulic fracturing chemicals could migrate into drinking water supplies faster than some experts believe, but several scientists have said the study is based on faulty assumptions, according to a ProPublica story.
An unidentified man walks along oil pipelines belonging to Agip Oil company in Obrikom, Nigeria. AP Photo/George Osodi)

ConocoPhillips seeking a buyer for its Nigerian assets

ConocoPhillips (COP), the largest U.S. independent oil and natural-gas producer, is seeking a buyer for its Nigerian properties in a sale that may fetch $1 billion.
Categories: Crude oil, Deals, Natural gas