Shell Shuts Down Nigerian Pipeline Citing Rampant Theft
Royal Dutch Shell has shut down the Nembe Creek Trunkline to repair theft-related damage, deferring some 60,000 barrels of crude oil per day.
BP Wins Deepwater Horizon Oil Spill Settlement Approval
BP Plc. (NYSE: BP) won preliminary approval of its proposed $7.8 billion settlement of claims relating to the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.
ConocoPhillips Fined $257M For Chinese Oil Spill
Houston-based oil ang gas giant ConocoPhillips (NYSE: COP) has been fined $257 million to settle charges brought by the Chinese government following a massive oil spill. The company's Chinese venture partner, CNOOC Ltd., was also fined, to the tune of $76 million.
BP Earnings Fall As Gulf Spill Costs Continue To Weigh
BP Plc (BP.L) reported a bigger-than-expected profit drop on the back of a fall in production prompted by the need to sell oil fields to pay for the Gulf of Mexico disaster, raising concerns about the oil group's turnaround plan.
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BP Oil Spill: Former Engineer Kurt Mix First To Be Charged In Deepwater Horizon Disaster
A former BP Engineer is the first to be charged in the Deepwater Horizon disaster of 2010. Kurt Mix, of Katy, TX, has been arrested and accused of deleting text messages detailing how much oil was gushing into the Gulf of Mexico.
Amnesty International Says Royal Dutch Shell Grossly Under-Reported Nigerian Oil Spill
In a report, the human rights group said the oil company reported vastly inferior figures to what really happened in a 2008 oil spill in the Nigerian Delta.
BP Gulf Oil Spill Destabilizing Marine Ecosystem, Researcher Says
Two years after the Deepwater Horizon disaster, a deep-sea biodiversity study suggests residual oil from the BP blowout threatens the stability of the entire Gulf of Mexico ecosystem.
BP Oil Dispersant May Facilitate Skin Absorption Of Crude Oil
A study conducted along the Florida coast suggests the Gulf of Mexico is far from decontaminated two years after the Deepwater Horizon oil spill, and that a dispersant used in the aftermath of the spill may be partly to blame.
BP Finalizes $7.8 Billion Settlement With Gulf Oil Spill Plaintiffs
BP officials announced Wednesday the company has finalized a deal with thousands of plaintiffs for damages sustained as a result of the worst environmental catastrophe in U.S. history.
Deformed Fish, Eyeless Shrimp Linked To BP Oil Spill, Researcher Says
Deformed fish and eyeless shrimp being caught in the gulf is a result of the BP oil spill, a researcher said
Offshore Regulations Following Gulf Spill Are Inadequate, Says Commission Report
In its final progress report, the National Commission on the BP Deepwater Horizon oil spill concluded more must be done to prevent a similar disaster in the Gulf of Mexico.
BP, Private Plaintiffs Settle Over Gulf Oil Spill
BP Plc (BP.L) said on Wednesday it reached definitive agreements with well over 100,000 private plaintiffs to resolve claims for economic, property and medical damages resulting from the 2010 Gulf of Mexico oil spill.
Shell: Gulf Oil Slick Dissipating
Royal Dutch Shell (NYSE: RDSA) on Friday said the oil slick first reported Thursday in the Gulf of Mexico is starting to dissipate.
Royal Dutch Shell Reports Gulf Oil Leak
Royal Dutch Shell on Thursday announced it has deployed an oil spill response vessel in the Gulf of Mexico after a 10-square mile oil sheen appeared near the company's area of operations.
Brazil Judge Blocks Injunction Against Chevron
A Judge in Rio de Janeiro state in Brazil blocked a request that Chevron and Transocean's operations in that country be halted following two offshore oil spills.
Chevron Risks $22B As Brazil Files New Oil-Spill Suit
Chevron, the second-biggest U.S. oil company, and Transocean are facing a second civil lawsuit which doubles the amount they may have to pay for two oil leaks off the coast of Brazil.
Brazil Moves Closer To Trying Chevron For Oil Spill
Chevron (NYSE: CVX) and Transocean (NYSE: RIG) will soon know which Brazilian court will preside over a criminal trial stemming from a November 2011 oil spill.
Mysterious Dolphin Deaths In Louisiana May Be Caused By Natural Gas Drilling Prep
Tests conducted to search for natural gas and oil may be to blame for the death of 180 dolphins since February 2010, according to the Bureau of Ocean Energy Management.
Shell Moving Closer to Arctic Drilling
Shell is moving closer to the date when it can start drilling for oil in Arctic waters off Alaska. The company may soon get the Department of the Interior's approval and could begin operations by year's end.
BP Accuses Government of Witholding Evidence Ahead of Gulf Liability Trial
The U.S. government has until Thursday to respond to BP's accusation that it is withholding information on the size of the Deepwater Horizon oil spill in 2010.
Public Meetings Scheduled Ahead of Gulf Coast Oil Exploration
The Bureau of Ocean Energy Management, the U.S. authority issuing permits to drill for oil and gas, announced Monday it will be hosting a series of public meetings ahead of a new round of oil and natural gas development lease offerings in the Gulf of Mexico.
BP: US Hiding Evidence On Size Of Gulf Oil Spill
BP Plc has accused the U.S. government of withholding evidence that may show the 2010 Gulf of Mexico oil spill was smaller than federal officials claimed, a key issue in determining the oil company's liability.
Feds To Ready Offshore Oil Surveys In Atlantic, Oil Industry Critical
The U.S. Department of the Interior announced Wednesday it is getting ready to open parts of the Atlantic coast to surveys that could lead to drilling for oil and natural gas, but the biggest industry group is not satisfied
Total's Gas Leak In North Sea May Take 6 Months To Fix
The leak, which was detected over the weekend, has led to a cloud of explosive gas forming above the platform, forcing the evacuation of workers on nearby Shell installations.
Chevron Won't Be Expelled From Brazil Despite Oil Leaks
Chevron Corp. (NYSE: CVX) the second largest U.S. oil company, will not be expelled from Brazil for pollution, a government official said.
Rick Santorum Wins Louisiana Primary
Rick Santorum defeated Mitt Romney in the Lousiana presidential primary.
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