Chevron plans to resume operations in Brazil after spill
Chevron Corp., the second-largest U.S. oil company, plans to resume operations at Brazil’s eleventh-largest oil field after studying the causes of recent leaks. More »
Exxon, Rosneft to outline Arctic drilling plan next week
Exxon Mobil Corp. (XOM), the largest U.S. oil producer, and Russian energy company OAO Rosneft (ROSN) will present details of their $3.2 billion joint-exploration agreement to analysts in New York on April 18. More »
Smart Parking Solutions to Reduce Congestion and Oil Use
This post was written by Kathleen Barker, intern at the Baker Institute Energy Forum The days of free parking may be numbered. In a world where rapid urbanization and climate change are raising awareness of the high costs of traffic congestion, Citibank and IBM announced this week that they are joining forces to provide financing [...] More »
Spain summons Argentine ambassador in oil dispute
Spain warned Argentina Friday it risks becoming “an international pariah” if it tries to wrest control of energy company Repsol’s majority stake in its South American YPF unit, raising tensions between the two nations and sending Repsol’s shares plunging. More »
Eni SpA pipeline attacked in Nigeria’s oil delta
Gunmen attacked a pipeline early Friday morning belonging to Eni SpA in Nigeria’s oil-rich and restive southern delta, the Italian oil firm said, as the main militant group in the region claimed responsibility for the assault. More »
Natural gas prices stay at 10-year low
Natural gas prices have been falling since last June. More »
Activists to stage protest for SEC energy rules
Human-rights and anti-poverty activists plan to urge regulators to finalize long-delayed rules requiring certain publicly listed oil, gas and mining companies to disclose payments to host governments. More »
OPEC pumps more oil as Iraq boost offsets Iran decline
OPEC’s crude oil production rose to the most in more than three years in March as Iraq boosted output and offset a decline in Iranian supply, according to the International Energy Agency. More »
Coast Guard tests oil spill response plans
The Coast Guard is practicing its response to a future oil spill off the Florida Keys. More »
Oil rises above $103 ahead of Iran nuclear talks
Oil prices rose above $103 a barrel Thursday in Asia as traders looked to negotiations this weekend over Iran’s nuclear program. More »
Lake Truck Lines expands with new Permian Basin division
Stepping out of his comfort zone has resulted in Douglas Cain expanding his company significantly.
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Shell reports sheen in central Gulf
Federal officials are investigating reports of a light oil sheen in the central portion of the Gulf of Mexico. Shell told federal officials about the sheen, which is located between two of its projects 130 miles southeast of New Orleans. More »
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