BP has agreed to pay a record $18.7 billion to settle the federal and state claims against it for its role in the Deepwater Horizon oil spill, sidestepping years of litigation with a promise to pour funds for nearly two decades into efforts to repair vast environmental damage in the Gulf region.
SandRidge, the Oklahoma City-based producer, had about 90 percent of its oil and natural gas liquids output hedged in early 2015, according to a regulatory filing. Next year, the hedges cover less than a third.
A former BP drilling engineer was convicted Wednesday of one charge that he deleted text messages from his cellphone to obstruct a federal investigation of the company’s massive 2010 oil spill in the Gulf of Mexico. He was acquitted of a second charge.
Argentina’s shale boom is being supported by companies such as Chevron Corp. and YPF SA, which are investing billions of dollars to tap the world’s second-largest shale gas deposit, known locally as Vaca Muerta, or Dead Cow
Bottlenose dolphins in a Louisiana bay fouled by the 2010 BP oil spill are suffering from lung damage and other injuries that are consistent with exposure to petroleum hydrocarbons, according to a federal study released Wednesday.
The U.S. Fish and Wildlife Service has begun seeking ideas from the public as it considers ways to minimize and offset the number of eagles killed by what could become the largest wind farm in the country.
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst Newspapers, Fuel Fix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news in the oil, gas and energy industries.
Browse previous blog posts by month and year of entry. You'll see all the posts for that time period.