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Yahoo! News: Business - Energy & Oil Industry
Business - Energy & Oil Industry
Feds launch investigation of Gulf platform fire
(AP)
3 Sep 2010 at 3:02am
AP - The agency that oversees offshore drilling will investigate the fire on an oil platform in the Gulf of Mexico.
Latest Gulf oil rig problem differs from BP spill
(AP)
3 Sep 2010 at 2:53am
AP - Stark differences exist between the oil platform fire in the Gulf of Mexico and the blast that led to the massive BP spill. Most notably, no one was killed and no crude was gushing into the water, but the distinctions don't end there.
BP oil spill costs hit $8 billion as ends rig probe
(Reuters)
3 Sep 2010 at 2:02am
Reuters - BP Plc said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion as the oil giant prepared to release the findings of an internal probe into the causes of the disaster.
Oil falls below $75 ahead of US jobs report
(AP)
3 Sep 2010 at 1:01am
AP - Oil prices fell below $75 a barrel Friday in Asia as investors awaited a report on U.S. employment that will influence guesses about the strength of future energy demand from the No. 1 economy.
What makes the 2 Gulf oil explosions different?
(AP)
2 Sep 2010 at 5:07pm
AP - Here are some differences between the Deepwater Horizon rig disaster April 20 and the oil production platform explosion Thursday in the Gulf of Mexico:
U.S. offshore oil fire may delay lift of drill ban
(Reuters)
2 Sep 2010 at 4:54pm
Reuters - The Obama Administration is likely to stay focused on toughening regulatory oversight of the U.S. offshore oil industry and may push back lifting a ban on deepwater drilling after the latest accident in the Gulf of Mexico, analysts said on Thursday.
Temporary cap that stopped oil gusher removed
(AP)
2 Sep 2010 at 2:55pm
AP - Engineers removed a temporary cap Thursday that stopped oil from gushing into the Gulf of Mexico from BP's blown-out well in mid-July. No more oil was expected to leak into the sea, but crews were standing by with collection vessels just in case.
Fire out on Gulf of Mexico rig, no oil slick: Coast Guard
(AFP)
2 Sep 2010 at 2:52pm
AFP - Crews managed to extinguish a massive blaze on a rig in the Gulf of Mexico Thursday and have not been able to locate an oil slick spotted earlier in the day, the Coast Guard said.
Fishing reopened in 5,130 square miles of Gulf
(AP)
2 Sep 2010 at 2:08pm
AP - Federal authorities have lifted a fishing ban in part of the northern Gulf of Mexico from the Florida Panhandle to the far eastern coast of Louisiana.
Oil prices rise after mixed economic news
(AP)
2 Sep 2010 at 12:51pm
AP - Oil prices ended higher Thursday after an initial retreat as investors put a positive spin on reports about jobs, manufacturing and home sales.
Slick seen from rig ablaze in Gulf of Mexico: Coast Guard
(AFP)
2 Sep 2010 at 12:24pm
AFP - A mile-long slick was spreading from an oil platform ablaze in the Gulf of Mexico Thursday, the Coast Guard said, citing a report from rig workers who jumped into the sea to safety.
Canada oil industry to see strong profits in 2010: report
(Reuters)
2 Sep 2010 at 12:17pm
Reuters - Canadian oil producers are likely to widen their bottom line this year, helped by a rebound in global consumption and rising oil prices, an industry report by a non-profit research organization said.
No sign of oil after Gulf platform fire - Gov't
(Reuters)
2 Sep 2010 at 4:46pm
Reuters - An oil and gas platform operated by Mariner Energy burst into flames in the Gulf of Mexico on Thursday, but the crew of 13 escaped and there were no signs of an oil spill, the U.S. Coast Guard said.
Explosion on Gulf of Mexico oil platform sends crew into sea
(AFP)
2 Sep 2010 at 3:11pm
AFP - An oil platform explosion Thursday in the Gulf of Mexico forced the crew to jump into the sea and threatened further damage to waters still recovering from the BP disaster.
No sign of oil leak after Gulf of Mexico rig blast: company
(AFP)
2 Sep 2010 at 10:21am
AFP - There is no sign of an oil spill after a rig caught fire in the Gulf of Mexico, a spokesman for rig operator Mariner Energy said.
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