CSB cites six safety issues in BP refinery explosion
Investigators from the US Chemical Safety and Hazard Investigation Board (CSB) Oct.
Drilling in ANWR cut from US House budget bill
US House Republican leaders withdrew language authorizing oil and gas leasing within the Arctic National Wildlife Refuge from their version of the federal budget bill on the eve of its floor consideration.
Personnel Moves and Promotions: EnCana names Eresman president; Morgan to step down
Randall K. Eresman will succeed EnCana Corp.'s founding Pres. and Chief Executive Gwyn Morgan, effective Jan. 1, 2006.
IEA: WEO shows rising energy demand to 2030
If governments stick to current policies, world energy needs will be more than 50% higher in 2030 than they are today, warned Paris-based International Energy Agency in its recently released World Energy Outlook 2005 (WEO 2005).
Company News: Occidental to acquire Vintage for $3.8 billion
Occidental Petroleum Corp. last month agreed to acquire Tulsa independent Vintage Petroleum Inc.
Producers reinvesting earnings, associations tell senator
Oil and natural gas producers are already reinvesting much of their substantially higher earnings in exploration, production, and refining, officials of three leading trade associations told US Sen. Charles E. Grassley (R-Iowa).
US senators grill oil executives over profits, prices
Five major oil company executives faced sometimes hostile questions about the relationship of record third-quarter profits to dramatically higher product prices during a Nov.
Editorial: Profits and responsibility
The headline on a news release from the office of Sen. Chuck Grassley (R-Iowa) says it all: “GRASSLEY QUESTIONS CORPORATE RESPONSIBILITY OF OIL AND GAS COMPANIES; ASKS THEM TO GIVE 10 PERCENT OF PROFITS TO HELP LOW-INCOME AMERICANS.
Watching Government: Who needs incentives?
Officials from the five largest publicly traded major oil companies may have told US senators in a Nov.
Watching the World: Legal niceties vs. cash flow
Yep, here we go again. Ecuador’s energy minister has threatened Occidental Petroleum Corp.