(AP Photo/Gerald Herbert, File)

BP won’t get restitution for spill settlement payments, U.S. Judge Barbier says

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The judge said Wednesday that hundreds of millions in settlement payments over the spill will not go back to BP, despite the court’s recalculation of how much some businesses should receive.
Photo courtesy of "The Way Ahead" magazine

Here’s “The Way Ahead” for your oil & gas career

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I was just starting out my career at the time, and it was truly as if everything I was thinking at the time was captured exactly in the pages of that first issue I received.
The chairman and chief executive officer

Exxon to halt Russian drilling in face of U.S. sanctions

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The U.S. Treasury Department has given Exxon Mobil Corp. and other contractors a license to wind down operations in the Russian Arctic as the Irving-based company prepares to comply with U.S. sanctions banning joint-venture oil exploration in the area.
Staff of Wild Well Control stand in front of the company's new 120-ton capping stack in Singapore. The device can be deployed worldwide in order to help plug out--of-control offshore wells. (Photo: Wild Well Control)

Wild Well unveils newest 120-ton capping stack

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Houston-based Wild Well Control has stationed a capping stack in Singapore as part of its global system for responding to underwater well blowuts.
Categories: General, Offshore, Technology
South Carolina would be among the states to reap benefits from offshore drilling, but some officials argue fishing and tourism could be threatened. Pictured, North Myrtle Beach, South Carolina. (Photo by Loren Steffy)

Study: East Coast states could cash in on offshore drilling

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North Carolina, South Carolina and Virginia could rake in billions if the Interior Department opens up auctions on leases along the Atlantic Coast, according to the study.
(Image: Fotolia)

BP asks Texas Supreme Court for ruling that would cut spill costs

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The legal question of the day, submitted by the 5th Circuit Court of Appeals to the justices in Texas, could change the way companies finance risky business operations well beyond the oil industry.
In this Thursday, Sept. 11, 2014 photo, workers lay cables on a new oil rig under construction for China National Offshore Oil Corp. (CNOOC) in a shipyard in Qingdao in east China's Shandong province. The Chinese exploration rig at the center of a tense maritime standoff with Vietnam earlier this year has made its first deep sea gas discovery in the politically volatile South China Sea, state media announced Tuesday, Sept. 16. The discovery by CNOOC was made about a month after its rig withdrew in July from Vietnam's exclusive economic zone to far less-contested waters closer to China. (AP Photo) CHINA OUT

China rig finds gas after Vietnam sea standoff

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The discovery by China National Offshore Oil Corp. was made about a month after its rig withdrew in July from Vietnam’s exclusive economic zone to far less-contested waters closer to China.
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Exxon kicks off operations at $2.6 billion Malaysian EOR Project

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Exxon Mobil Corp. and its Malaysian partner Petronas have kicked off the first operations at a massive enhanced oil recovery project about 200 kilometers offshore of Peninsular Malaysia.

Chevron draining natural gas after worker death

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Authorities said that a Chevron Corp. subsidiary was still releasing natural gas Sunday from a pipeline off the Louisiana coast where a Saturday incident killed a maintenance worker.

1 dead in gas accident on offshore La. platform

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A contractor was killed and two others were injured Saturday during maintenance on a Chevron natural gas pipeline off the Louisiana coast, authorities said.