Category: Oil

Oil prices rise on continued concern about Iran

Brent crude, a benchmark for foreign oil imported by U.S. refineries to make gasoline, added $1.24 to end the day at $122.90 per barrel in London.  More »
25
  |   0 Share  

Obama corporate-tax plan would boost clean energy

The corporate tax plan President Obama outlined on Wednesday would roll back oil-and-gas industry tax breaks while promoting more development of renewable energy such as wind and solar.  More »
48
  |   0 Share  

Gas prices again fueling energy policy debate

Gasoline prices have once again risen to the forefront of energy policy debate, resulting in a political back-and-forth among lawmakers, interest groups and the Obama administration.  More »
414
  |   2 Share  

Okla. panel wants to limit refunds for drillers

After pledging to Oklahoma’s oil and gas industry that it would make good on tax breaks temporarily set aside during a fiscal crisis, some legislators believe the state should repay developers only about 50 cents on the dollar.  More »
122
  |   0 Share  

Nonprofit to study Pa. gas drilling, public health

A nonprofit group has opened an office in western Pennsylvania to help the public with health concerns over Marcellus Shale gas drilling operations.  More »
111
  |   1 Share  

Sunoco Logistics to expand Nederland terminal

The project, which will include new rail lines to help the facility with shipments of sweet crude oil from production centers in North Dakota, is considered to be the first phase of a project that could lead to more expansions.  More »
156
  |   0 Share  

Enterprise draining 2.3 million barrels of oil into Cushing

The companies are preparing to reverse the Seaway pipeline’s flow to take oil to U.S. Gulf Coast refiners.  More »
390
  |   1 Share  

Oil price climbs on fear Iran may stop more oil

“People are just scared about Iran,” independent analyst and trader Stephen Schork said.  More »
157
  |   0 Share  

Shell: Nigeria can produce 4M barrels of oil a day

Nigeria could produce as much as 4 million barrels of oil a day, but production remains held back by chronic problems with the nation’s government and the rampant theft of crude from pipelines, a top official with Royal Dutch Shell PLC said.  More »
168
  |   0 Share  

Anadarko says Jupiter-1 well off Sierra Leone finds oil

Anadarko Petroleum Corp. (APC) said the Jupiter-1 exploration well off Sierra Leone found oil and gas.  More »
252
  |   0 Share  

Oil profits slide fastest since Lehman collapse on gas

Profits for the biggest U.S. energy producers including Exxon Mobil Corp. (XOM) are poised to decline the most since the financial meltdown of 2008-09 as the drilling technique known as fracking collapses natural gas prices.  More »
4,331
  |   14 Share  

UGA scientists to study effects of Gulf oil spill

Three university of Georgia scientists have received a three-year grant to study the effects of the 2010 Deepwater Horizon oil spill on the Gulf of Mexico ecosystem.  More »
72
  |   0 Share  
Page 1 of 14712345102030...Last »