BP Plc (BP/), operator of the Macondo well that caused the U.S.’s worst oil spill, may reach a settlement for the disaster this week after a partner agreed on fines, an Oppenheimer & Co. analyst said. More »
Pennsylvania’s Marcellus Shale gas drilling companies are recycling more and more of their briny, chemical-laden wastewater, in most cases complying with a request from state officials to keep the pollutants from being discharged into rivers that supply drinking water. More »
Iran has halted oil shipments to Britain and France, the Oil Ministry said Sunday, in an apparent pre-emptive blow against the European Union after the bloc imposed sanctions on Iran’s crucial fuel exports.
A fire at BP’s Cherry Point oil refinery in Washington state that forced some process units shut and prompted a partial evacuation of the plant has been extinguished, according to a company spokesman.
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