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The oil industry prepares for tropical storm Isaac

Aug 28, 2012
Tropical storm Isaac is expected to become a hurricane, though it won't be nearly as powerful as Katrina. The storm has already shut down off-shore oil rigs in the gulf.
Posted In: hurricane, Oil

How Americans rank industries' reputations

Aug 23, 2012
Which industries do well in public opinion polls? Computers get mostly positive marks, as do retail and anything having to do with food. The federal government and oil and gas, not so much.
Posted In: Gallup, computers, Oil, federal government

Romney's energy plan: Less regulation, more exploration

Aug 23, 2012
But it probably won't have much impact on consumer's pocketbooks, especially when it comes to the price of gas or electricity.
Posted In: Mitt Romney, energy, Oil

In Nigeria, former bandits getting government pay

Aug 22, 2012
From Nigeria, the Wall Street Journal has a provocative piece this morning on how the country's protecting its oil industry. The government's paying warlords, thieves and terrorists to guard the same oil pipelines they once plundered.
Posted In: Nigeria, Oil

An oil refinery secures an essential material: Water

Aug 21, 2012
Oil refineries are among the many industries that use large volumes of water. A refinery in water-parched southern California turned to waste water for its needs.
Posted In: refineries, Oil, water

Oil prices jump despite expected lower demand

Aug 13, 2012
Oil prices have jumped to a three month high in overseas trading. Brent Crude is at $114 a barrel this morning, despite forecasts that say global oil demand will be lower than first expected.
Posted In: Oil, consumer

Chevron refinery fire hits oil market

Aug 7, 2012
A major refinery for Chevron caught fire in California last night. The fire in Richmond, outside of San Francisco, has been extinguished, but the fire could be bad news for drivers across the West, because one less refinery online is likely to mean higher gas prices.
Posted In: Oil, Chevron, fire

Oil refinery catches fire in Northern California

Aug 7, 2012
A major refinery for Chevron caught fire in California last night. The fire has been contained, but it's still burning. And one less refinery won't be any help for already high gas prices.
Posted In: Oil, Chevron, fire

BP oil earnings report shows signs of weakness

Jul 31, 2012
The British oil company BP is reporting a sharp drop in profits. The company made just $238 million last quarter, compared with more than $5 billion a year ago.
Posted In: BP, Oil, Earnings

China wants oil company with U.S. assets

Jul 24, 2012
Analysts don't expect a replay of the fight that stopped CNOOC from buying Unocal.
Posted In: Oil, China, CNOOC

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