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Gulf Keystone shares worth �47m awarded in Kozel divorce
Gulf Keystone shares worth �47m awarded in Kozel divorce. Todd Kozel, the colourful oil entrpreneur behind Gulf Keystone Petroleum, has handed �47m of shares to his former wife as part of a divorce settlement.
Petroplus bankruptcy: Government 'confident' no petrol shortage as refinery ...
Petroplus's lenders have issued demands for repayment within a limited timeframe, Petroplus said, triggering default on $1.75bn (�1.12bn) of senior notes and convertible bonds.
Anadarko lines up for Rockhopper
The company that worked with BP on its ill-fated Deepwater Horizon well in the Gulf of Mexico is understood to have sent a team to the Falkland Islands to examine options.
Refinery closures raise fears on oil prices
These decisions will have a lasting impact on petroleum markets, say analysts. Refineries are the main customers for the world's oil producers.
Rejecting Pipeline Proposal, Obama Blames Congress
WASHINGTON - President Obama on Wednesday rejected, for now, the proposed Keystone XL oil pipeline, saying the $7 billion project could not be adequately reviewed within the 60-day deadline set by Congress.
Jack-up Drilling Rig Catches Fire in Nigeria, UPDATE: Chevron Issues Statement
A fire has broke out on a Chevron-owned jack-up rig operating offshore Nigeria. The fire was reported on the K.S. Endeavor in the Nigeria Delta region on Monday according to statement released by Chevron.
China's oil-sands deal will have lasting impact
Meet the new boss: Jiang Jemin, the 55-year-old chairman of China National Petroleum Corp. ... In December, another Chinese firm, Sinopec, closed a $2.2-billion deal for Daylight Energy Ltd. ... After U.S. President Barack Obama delayed a decision on ...
The Expert's Report that Damns the Northern Gateway Pipeline
Of the remaining 143 billion barrels, 90 per cent can only be exploited by in situ methods, which are so energy wasteful and water intensive that many experts think this technology should be banned or severely limited. According to the "growth ...
Ethical Oil My Gas!
Exxon Valdez going aground in 1989, British Petroleum oil rig explosion in 2010 in the Gulf of Mexico off Louisiana -- what could go wrong?
Crack in the Northern Gateway pipe dream
Pentagon still can't define 'energy security,' much less achieve it
Hurricane Katrina humbled U.S. military bases in 2005, cutting power at air towers, training facilities and command centers just as it did everywhere else along the Gulf Coast. The Naval Construction Battalion Center in Gulfport, Miss., for example ...