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Gulf Drilling Moratorium May Be Lifted Early

WASHINGTON (Sept. 27) -- The Interior Department plans to issue two new oil drilling regulations later this week, signaling that a six-month deepwater drilling moratorium for the Gulf of Mexico may be lifted early, a presidential panel was told here Monday. But Michael Bromwich, director of the newly organized Bureau of...

Key Oil Spill Evidence Raised to Gulf's Surface

ON THE GULF OF MEXICO (Sept. 5) -- Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is secure aboard a ship. Engineers took 29½ hours to lift the 50-foot, 300-ton blowout preventer from a mile beneath the sea. The five-story high...

Corexit: 5 Questions About Chemical Dispersant Answered

(Aug. 13) -- BP's runaway well is close to being officially killed for good, but that doesn't mean the problem it created will be solved. The nation's worst oil spill will continue to cause issues for a long time to come. One of those issues might stem from the inordinate amount of chemical dispersant, called Corexit,...

Drilling on Relief Wells to Continue: 4 Questions Answered

(Aug. 13) -- BP oil spill incident commander Thad Allen announced this afternoon that the relief wells at the Macondo well site will be finished after all. There had been debate over whether or not to proceed after the static kill operation appeared to have succeeded in plugging the leak last week. Below, Surge Desk...

China Strengthens Port Safety in Wake of Oil Spill

(July 23) -- China is strengthening safety measures at its ports after an explosion caused an oil spill at the port city of Dalian, in the northeast of the country. Ports that handle oil and chemical shipments will have to check their facilities every two years, and the government will dispatch occasional patrols to...

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THE HUFFINGTON POST - BUSINESS

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05/28/12 Raging River Exploration Inc. Announces First Quarter... Source: Marketwire CALGARY, ALBERTA -- (Marketwire) -- 05/28/12 -- Raging River Exploration Inc. (the "Company" or "Raging River") (TSX VENTURE:RRX) is pleased to announce its operating and financial results for the three months ended March 31, 2012.
05/28/12 Oil and gas prices boost Aveva Source: FT.com Shares in Aveva jumped more than 10 per cent on Monday after the soaring price of oil and gas drove up full-year revenues at the FTSE 250 engineering software group.
05/28/12 Taipan appoints Lowden to board Source: StockWatch This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
05/28/12 Oil prices rise on optimism about Greece - Christian... Source: Stockwatch - Cyprus Oil rose to near $92 a barrel Monday as Greek polls suggested pro-austerity parties might win elections next month, raising the likelihood the country will stay in the euro common currency.
05/28/12 Pranab parries question on roll back of petrol price... Source: moneycontrol.com New Delhi, May 28 (PTI) Finance Minister Pranab Mukherjee today parried a question on whether the government would roll back the price hike of petrol.