Around two dozen people including a top company executive, were arrested late last week.
Iraq wants an international dispute over a tanker of crude floating for three months off Galveston’s coast to remain in U.S. courts because Kurdistan refuses to resolve the matter on Iraqi soil, according to recent court filings.
More than 120 petrochemical plants worth $80 billion are slated for construction, or scheduled to open, within the coming years, stoking concerns about a shortage of skilled employees to build and operate the plants once they come online.
For every 1 cent drop in gas prices, Americans save about $3.7 million.
Dow Chemical executives on Wednesday announced plans to sell off even more assets in the next two years, continuing a push to streamline operations and pull back from products that no longer fit within the company’s business strategy.
The decision underscores the wide disparity between the economics of established shale plays and younger ones.
Although Halcón posted a $186.9 million profit and saw production surge 16 percent in the third quarter, the Houston-based independent oil and gas company said falling oil prices necessitate a more conservative approach in 2015.
Cairn Energy said initial analysis shows the well has “excellent reservoir sands” with as much as 118 feet of net oil pay.
Biofuel maker KiOR missed a $1.8 million loan payment to the state of Mississippi.
Iraq’s ambassador to the United States said Friday that he “sees positive signs” in the recently launched negotiations between Iraq and Kurdistan regarding oil revenue-sharing agreements, among other points of dispute.