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Crude oil

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2 killed, 8 injured in fire on Mexico offshore oil platform

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Mexico’s state oil company says a fire that erupted on an oil platform in the Gulf of Mexico killed two workers and injured eight
Categories: General
In this Aug. 4, 2015 file photo, Gov. Mary Fallin talks with the media after meeting with members of the Coordinating Council on Seismic Activity in Oklahoma City. With both the number and power of earthquakes increasing in Oklahoma, the Republican-controlled Legislature may be ready to take steps aimed at curbing the quakes scientists have linked to the underground disposal of oil and gas wastewater. (AP Photo/Sue Ogrocki, File)

Uptick in quakes could prompt action from Oklahoma lawmakers

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According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.
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Democratic U.S. Sen. Bob Menendez stands behind a Protect Our Coast sign, as he addresses a large rally opposing federal plans that would allow oil and gas drilling in the Atlantic Ocean, Sunday, Jan. 31, 2016, in Asbury Park, N.J. U.S. Sens. Menendez and Cory Booker and Rep. Frank Pallone, Jr., were among those who cited the potential for "catastrophic" oil spills that could cause economic and environmental harm at the Jersey shore. (AP Photo/Mel Evans)

Lawmakers, officials voice opposition to Atlantic drilling

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Officials from several New Jersey shore towns joined with some members of the state’s congressional delegation Sunday to oppose federal plans that would allow oil and gas drilling in the Atlantic Ocean.
Yellow oil barrels

Oil has second weekly gain

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Oil has pared its decline this year to about 9 percent after plunging to a 12-year low.
Categories: Crude oil, General, Markets
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Two women sit outside the offices of the National Energy Board after locking themselves to the doors by placing bike locks around their necks, to protest the Kinder Morgan Trans Mountain Pipeline expansion, in Vancouver, Canada, on Monday, Jan. 18, 2016. The proposed $5-billion expansion would nearly triple the capacity of the pipeline that carries crude oil from near Edmonton to the Vancouver area to be loaded on tankers and shipped overseas. (Darryl Dyck/The Canadian Press via AP)

US tribes oppose massive pipeline expansion in Canada

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Kinder Morgan’s Trans Mountain project would nearly triple pipeline capacity from 300,000 to 890,000 barrels of crude oil a day. It would carry oil from Alberta’s oil sands to the Vancouver area to be loaded on to barges and tankers for Asian and U.S. markets.
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Feb. 29 appeal date in coastal suit against oil companies

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The Southeast Louisiana Flood Protection Authority-East hopes to revive the lawsuit it filed in 2013.
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Enbridge settles pipeline dispute with Red Lake for $18.5M

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Enbridge Energy will pay the Red Lake Nation in northern Minnesota $18.5 million to settle a nearly decade-long dispute over unauthorized use of a small parcel of tribal land.
TPH report: At $50 oil, Eagle Ford production could dip 13 percent

Eagle Ford Shale counties top Texas production for October

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Communities in the Eagle Ford Shale topped the state’s list of the biggest crude oil, condensate and natural gas producers in October, according to preliminary data released this week by the Texas Railroad Commission. Karnes County continues to pump more crude oil than any other county, with nearly 6.39 million barrels produced in October.
Workers prepare drilling pipe on the Petroleos Mexicanos (Pemex) La Muralla IV deep sea crude oil platform in the waters off Veracruz, Mexico, on Friday, Aug. 30, 2013. (Susana Gonzalez/Bloomberg)

Pemex oil production hampered by accidents, budget cuts

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Mexico’s 2015 oil production is the lowest since at least 1990, when the government began recording output, and is more than 100,000 daily barrels below the original 2.4 million daily barrels forecast for the year by Chief Executive Officer Emilio Lozoya.
Rep. Joe Barto

Barton, Green, Cornyn weigh in end of export ban

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U.S. Rep. Joe Barton, who sought to end the ban in each of the past few sessions of Congress, said the current industry slump of low oil prices helped seal the deal in Washington.