Tag: gulf coast

Video: Anadarko turns massive Gulf spar into marine habitat

Anadarko Petroleum Corp. has turned a 7,200-ton cell spar hull into a dark cave-like habitat for fish, sea anemones and other deep-sea creatures 200 miles off the coast of Louisiana.  More »

BP trial: Oil spill caused massive ecological damage, marine scientist says

U.S. prosecutors are arguing that BP should have to pay all of the $13.7 billion in Clean Water Act fines for the disaster, which killed 11 workers and spilled millions of barrels of oil into the Gulf.  More »

Hillary Clinton to speak in Canada amid debate over Keystone

The former U.S. secretary of state was to headline events in Winnipeg, Manitoba, and Saskatoon, Saskatchewan, in her first public speeches of 2015, a day after President Barack Obama delivered his State of the Union address.  More »

U.S. shale oil growth hurts Canadians as well as OPEC

A surge of light oil from North Dakota and Texas is cutting into the earnings of Canadians who turn heavy oil sands into a lighter crude that fetches more from refiners.  More »

First U.S. witness gives BP oil spill response high grade

Coast Guard Rear Admiral Meredith Austin noted that BP personnel had inappropriately packed up equipment at various branches of the response effort before the runaway Macando well was finally killed in September.  More »

Oil falls once again, looks to end 2014 at new lows

Behind the early fall was news that inventories at the oil trading hub of Cushing, Oklahoma rose by nearly 2 million barrels, according to U.S. Energy Information Administration data for the week ending Dec. 26.  More »

Canadian oil surge to U.S. Gulf puts Mexico on defensive

The Canadian supply will square off against crudes from Mexico and Venezuela that have traditionally fed refineries along the Texas and Louisiana coasts.  More »

Keystone pipeline to top Senate agenda next year

Congressional Republicans have been pushing for approval of the pipeline for years. Obama has resisted because of environmental concerns.  More »

Keystone left behind as Canadian oil pours into U.S.

The expansion shows Canadians are finding alternative entry points into the U.S. while the Keystone saga drags on.  More »

Plains to buy half of BridgeTex in $1.1 billion deal

The pipeline is a major artery for the basin with a capacity of 300,000 barrels per day of crude.  More »

White House monitoring oil drop, no action seen on reserves

West Texas Intermediate touched $75.84 a barrel, the lowest intraday price since Oct. 4, 2011 as Saudi Arabia price cuts deepened a selloff in crude.  More »

California company to build GTL facility in Houston by Q4 2015

The project has backing from Sterling Private Capital and Eagle Oil & Gas Co., both based in Dallas.  More »

Oil spill claims boss rebuts BP’s bid to remove him

The Louisiana lawyer in charge of dispensing BP’s oil spill settlement responded to the company’s request to remove him from the post, saying BP knew when he was appointed that he previously had represented the state in spill claims.  More »

Gulf Coast crude imports fall to lowest level in 6 years

Advances in technology have unleashed vast new supplies of U.S. oil, reducing the nation’s need for foreign crude.  More »

Keystone be darned: Canada finds oil route around Obama

From the Canadian perspective, Keystone has become a tractor mired in an interminably muddy field.  More »
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