Experts discuss ways to cleanup oil spills in Arctic waters
As oil drilling experts considered the most outlandish of Arctic challenges, involving icebergs and whaling routes, the more fundamental issue of spill cleanup remained the main concern at a Houston conference Tuesday. More »
Oil falls below $89 on manufacturing worries
Worries about the U.S. economy following the release of a disappointing manufacturing report sent oil prices lower Tuesday. More »
Natural gas production rises, despite falling prices
The number of rigs active in natural gas regions has fallen by more than half over the year. But the county produced 5 percent more natural gas during the first nine months of the year, compared to the same period in 2011. More »
Nigeria tries to diversify beyond oil
Long known as one of the world’s most prolific sources of oil, Nigeria is trying to diversify its economy by seeking U.S. investment in agriculture, health care and entertainment. But oil will remain key to its economy. More »
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Nebraska hearing kicks off final stage of Keystone XL review
A public hearing Tuesday evening in Albion, Neb., is kicking off the final phase of reviews for the controversial Keystone XL pipeline that would ferry oil sands crude from Alberta, Canada to refineries in Texas. More »
BP plans to increase its Gulf of Mexico presence by 40 percent by 2014
After a year of paring down its asset portfolio and maneuvering its way through litigation threats, BP has a plan for growing its business by focusing on deepwater oil and gas exploration, where it plans to increase its rig fleet by 40 percent by 2014, company executives told investors at a Monday meeting. More »
Debate continues on long-term impact of E15
A renewable fuel official said E15, a higher ethanol-gasoline blend, is completely safe to use in vehicles and refuted comments made by the AAA that urged the Obama administration to halt the sale of the newly approved fuel. More »
Marathon Oil making big Eagle Ford push in 2013
Marathon Oil Corp. plans to make a big push in its Eagle Ford shale play next year with more than a third of its $5.2 billion capital budget for 2013 devoted to the South Texas operation. More »
Producers watch the clock in Eagle Ford
The rush is on in the Eagle Ford Shale, and some of it has more to do with legal contracts than extracting oil and gas from miles below the surface. More »
California urged to assess energy reform
California officials need to add up the costs of all the state’s clean-energy policies before adopting any more, according to a report issued Monday by a government oversight agency. More »
Field off Israel gets an assist from Down Under
Politics may play a greater role than partnerships in determining whether a major deep-water natural gas find in the Middle East gets developed. More »
BP leaders seek to assure investors growth is ahead
BP made its case for a brighter, albeit smaller, future on Monday morning, as BP CEO Bob Dudley and other key executives met with investors for Investor Day, explaining the company’s views on its legal position, investment in Russia and its growth strategy. More »
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