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top storiesOil prices tumble on economy worries Oil prices tumbled today on new signs that the economy remains weak and that demand for crude is still tepid at best. Benchmark crude for April delivery fell $2.80 to $77.20 a barrel on the New York Mercantile Exchange. The contract rose $1.14 to settle at $80 on Wednesday. Plaintiffs in La. suit say Exxon ‘reckless' with worker safety Exxon Mobil Corp., the largest U.S. energy company, showed “reckless and reprehensible” behavior by failing to protect workers from dangerous radioactive material in used oil-drilling pipes, a lawyer for 16 men told a Louisiana jury. Oil rally fizzles, drops below $80 a barrel Benchmark crude for April delivery lost $1.45 to settle at $78.86 a barrel on the New York Mercantile Exchange. In London, Brent crude fell $1.32 at $77.29 on the ICE futures exchange. Indian firm hikes Lyondell bid to $14.5 billion Reliance Industries Ltd., owner of the world's largest oil-refining complex, raised its offer for bankrupt LyondellBasell Industries AF to about $14.5 billion, according to two people with knowledge of the offer.
BLOGS Newswatch: Energy with Tom FowlerSenators decry plan for 'punitive' energy taxes Oil and gas industry leaders have widely lambasted the Obama administration's proposal to get rid of a swath of tax incentives that they say are critical to keeping marginal wells viable and offsetting the high capital costs of drilling. Now,...
Atlas seeks partner for Marcellus Shale play Houston's Atlas Energy is looking for a JV partner for its Marcellus operations, Reuters said, citing unnamed sources familiar with the search. Atlas's position is 266,000 acres in the booming natural gas shale play in southwestern Pennsylvania. Geologists say Marcellus,...
Houston takes on San Francisco for green car status Infrastructurist.comArtist Martha Kang McGill illustrates the commuting habits of eight major U.S. cities, illustrating just who is driving, walking, biking, or taking mass transit. All stats are based on the 2008 U.S. Census Bureau American Community Survey. The Infrastructist.com...
Chron Energy Newslinks | 02.25.10 | Syncrude first to go, e-policy and peewee soccer Syncrude Canada may be Conoco's first divestiture. Iberdrola to make the U.S. its focus for growth. Natural gas prices in line for a structural shift. Natural gas industry wants clarification on new data publishing requirements. ...
Bigger isn't always better in shale gas wells Oil and gas drillers like to boast if they have a well that's the deepest or fastest producing. It's only natural. And the natural gas shales have been giving folks plenty of reasons to brag, since shale formations tend to...
Your commentsGlenn_Beak on "Houston takes on San Franc... Since this is Houston, how many miles can a Leaf go with the AC on?... Bou on "Houston takes on San Francisco fo... How can you even compare transportation networks between Houston and San Francisco. San Francisco is the geographic size of Pearland.....literally. Th... theventurebrother on "Houston takes on Sa... What part of that illustration demonstrates we are taking on any green initiatives? Mrs. McGill's work actually shows how far behind as a major city H...
multimedia reports  Texas City explosion — The deadly BP blast of March 2005. useful links |
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