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Fatal Echo platform explosion occurred during maintenance work

Nov 24, 2014

Fieldwood Energy LLC, Houston, reported that the Nov. 20 explosion at its West Delta 105 “E” platform, known as Echo, occurred as employees of Fieldwood-contracted Turnkey Cleaning Services (TCS) were cleaning a heater-treater.

Southcross completes acquisition of Eagle Ford pipeline system

Nov 24, 2014

Southcross Energy Partners LP, Dallas, has completed its acquisition of a natural gas gathering system in McMullen County, Tex.

MARKET WATCH: Crude oil futures end week above $76/bbl in New York

Nov 24, 2014

The New York Mercantile Exchange January crude oil contract increased 66¢ on Nov. 21, closing at $76.51/bbl. The February 2015 contract increased as well, up 74¢ to $76.59/bbl.

DOI, Colorado announce Roan Plateau development dispute settlement

Nov 24, 2014

A dispute over development of federal natural gas leases on the Roan Plateau in western Colorado that were issued in 2008 has been settled, the US Department of the Interior and Colorado state government jointly announced in Denver.

Chapman to succeed Pryor as ExxonMobil Chemical president

Nov 24, 2014

Neil A. Chapman is expected to assume the roles of president of ExxonMobil Chemical Co. and vice-president of ExxonMobil Corp. following the retirement of Stephen D. Pryor on Jan. 1, 2015. Chapman has served as ExxonMobil Chemical’s senior vice-president, polymers since 2011.

EPA won’t finalize RFS’s 2014 biofuel quotas before yearend

Nov 21, 2014

The US Environmental Protection Agency announced it will not finalize 2014 biofuel quotas under the federal Renewable Fuel Standard (RFS) before yearend. The American Petroleum Institute and American Fuel & Petrochemical Manufacturers each said EPA’s Nov. 21 announcement demonstrates again that it’s time for Congress to repeal or dramatically reform the RFS.

MARKET WATCH: NYMEX crude up on recovering Chinese oil demand

Nov 21, 2014

Oil prices bounced back up $1/bbl on the New York market Nov. 20 on indications that Chinese oil demand might be recovering.

Worker killed in platform explosion offshore Louisiana

Nov 21, 2014

An explosion that occurred on Nov. 20 at the Fieldwood Energy LLC-operated West Delta 105 E offshore platform, also known as Echo, in the Gulf of Mexico, 12 miles offshore New Orleans, killed one contracted employee and seriously injuring another, according to reports from the company and US Bureau of Safety and Environmental Enforcement (BSEE).


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