Fuel Fix

Cleanup of oil spill at ND farm to take 2 more years

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FILE - This Oct. 11, 2013 file photo shows cleanup at the site of an oil pipeline leak and spill near Tioga, N.D. (AP Photo/Kevin Cederstrom, File)
“It’s now just become part of our lives,” Patty Jensen said of the massive spill from a Tesoro Corp. pipeline that was discovered in September 2013 by her husband.
Rigs stacked at a business 20 miles west of Farm-To-Market Road 1788 photographed Tuesday, Feb. 24, 2015. (AP Photo/Reporter-Telegram, James Durbin)

A single oil rig was shut down last week, extending six month decline

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As the price of oil seemingly began to stabilize for now near $60 a barrel, the U.S. oil rig count slowed its pace of decline down to a crawl. The number of U.S. oil rigs is now at 659, according to Baker Hughes data, after dropping by eight oil rigs a week prior.

Ghana establishes new petroleum industry regulator

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In 2007, Ghana made oil and gas discoveries in two deepwater blocks: West Cape Three Points and Deepwater Tano.
Categories: Offshore

Boeing assures Japan of Dreamliner safety

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US group visits Tokyo to present ’permanent’ solution for fixing the battery problem that led to the grounding of the aircraft maker’s 787
Categories: Uncategorized

Manning pleads guilty to classified leaks

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Although Mr Manning has pleaded guilty to lesser charges, he has denied the most serious charge against him: that he ‘aided the enemy’
Categories: Uncategorized
(Photo: Rowan Cos.)

Rowan benefits from deep-water focus

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Rowan earned $54.1 million in the fourth quarter of 2012, or 44 cents a share, up 19 percent from $45.1 million, or 27 cents a share, in the fourth quarter of 2011.
Categories: Offshore

Huawei dismisses claims over Beijing ties

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Guo Ping, chief executive and confidant of founder Ren Zhengfei, stressed the company’s independence in his first interview with foreign media
Categories: Uncategorized
Steam rises from the cooling towers of nuclear reactors at Georgia Power's Plant Vogtle, in Waynesboro, Ga. The U.S. Nuclear Regulatory Commission is expected to vote Thursday, Feb. 9, 2012 on Southern Company's application to begin full construction of the nation's first new nuclear units in 30 years at Plant Vogtle. (AP Photo/Mary Ann Chastain, File)

New nuclear plant over budget

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Atlanta-based Southern Co. said Thursday that Plant Vogtle, a first-of-its-kind nuclear plant under construction in eastern Georgia, will go over budget.
Categories: Nuclear
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Apache: Gulf well control operations complete

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Apache Corp. says well control operations at a gas well 50 miles off the Louisiana coast have been completed.
Categories: General

Diplomatic fallout from EU bonus cap

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The European parliament’s victory reveals UK’s shifting status and its error in overestimating German support
Categories: Uncategorized

Senator takes Todd death to White House

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Engineer was working on development of gallium nitride, a substance that can be used in both commercial and military applications
Categories: Uncategorized

2H Offshore to design Delta House risers

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2H Offshore will conduct detailed design on a steel catenary riser system for LLOG’s Delta House development in the deepwater Gulf of Mexico.
Categories: Offshore

US to give direct aid to Syrian rebels

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Secretary of state John Kerry announces food and medical assistance to armed groups, but Washington is still opposed to supplying weapons
Categories: Uncategorized

Lebanese officials to discuss first offshore licensing round

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Lebanon’s Petroleum Administration is holding a seminar in London on March 7 to discuss pre-qualification for the first offshore licensing round.
Categories: Offshore

Investors line up for Buffett clues

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Even after its $12bn investment in Heinz with Brazil’s 3G Capital, Berkshire Hathaway will have a $48bn cash pile to spend on acquisitions
Categories: Uncategorized

St. Malo deepwater GoM well test succeeds for Chevron

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Chevron Corp. (NYSE: CVX) has completed a successful production test on the St. Malo PS003 well in the Lower Tertiary trend in the deepwater Gulf of Mexico.
Categories: Offshore
Chevron's Jack and St. Malo fields are located about 280 miles south of New Orleans, in 7,000 feet of water. Its latest test well was more than 5 miles below sea level. (Graphic: Chevron)

Chevron ultradeep well shows high production

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Chevron said Thursday that a test well at the St. Malo field, more than 5 miles below sea level, had a high rate of oil production, an indicator of the promise of an emerging field in the Gulf of Mexico.
Categories: General