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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...

hydrocarbons News From AOL

THE HUFFINGTON POST

Frances Beinecke: An Oil Industry Witch Hunt in Canada Threatens Us All

Big Oil and the Canadian government are showing their true colors these days, and what an ugly spectacle it is.

THE HUFFINGTON POST - BUSINESS

State Could See Fracking In Two Years

North Carolina lawmakers are adding protections for neighbors and landowners in a new proposal to legalize a form of underground gas drilling widely criticized for causing harm to water supplies and roads.

THE HUFFINGTON POST - BUSINESS

Emails Reveal High-Level Discord at BP Over Flow Estimates During 2010 Oil Spill

A BP engineering executive warned senior BP management early on in the 2010 Gulf of Mexico oil spill that internal models did not support estimates of the size of the undersea leak being provided to government officials and the public, according to company emails.

AOL MONEY & FINANCE

Only 3 of 12 lots sold in Iraqi energy auction

BAGHDAD -Iraq's fourth postwar energy auction drew a cool response from foreign energy companies Wednesday, dealing a setback to the country's hopes to dig out from years of conflict and sanctions and develop its vast untapped hydrocarbon reserves.

THE HUFFINGTON POST - BUSINESS

Big Oil CEO Sees Major Pay Boost

Exxon Mobil Corp.'s CEO had a good year in 2011 â he got compensation valued at $25.2 million.

hydrocarbons News From the Web

06/02/12 Badal demands complete rollback in petrol prices Source: DNA (Daily News & Analysis) Demanding total rollback of the hike in petrol prices, Punjab Chief Minister Parkash Singh Badal today said the cut in the price of the fuel by Rs two was merely an "eyewash".
06/02/12 Government hoodwinking people with petrol price cut:... Source: DNA (Daily News & Analysis) Slamming the partial rollback of petrol prices by State oil companies, the Bhartiya Janata Party (BJP) on Saturday dismissed the move, calling it "hogwash", "betrayal" and "fraud" against the people.
06/02/12 Pa. to remain center of gas drilling Source: NBC - Wood TV8 - Grand Rapids MI Like a runner who's gotten a big head start in a race, Pennsylvania may be set to dominate natural gas production in the Marcellus Shale region for many years, experts say.
06/02/12 Get Paid to Bet on Rising Energy Prices Source: Morningstar The charts below show how much the average implied volatility for each sector differs from its trailing-three-month and trailing-one-year averages for U.S.-listed equity options (vertical bars, indexed on the right-hand scale), the change in implied volatility from week to week (dark blue line, indexed on the left-hand scale), the implied correlations of small- and large-cap stocks, and the relationship of implied volatility across size and value stocks.
06/02/12 An Initiative that Pays Source: Newswatch The past one year of the administration of President Goodluck Jonathan, has been that of a marathon race, unprecedented moves at jockeying and juggling policies to strengthen the socio-economic fabrics of the country.