Oil & Gas News

Petro-Canada is putting its interest in a major Syrian oil and gas joint venture on the auction block to concentrate on other assets in which it has operating control, a spokeswoman said Wednesday.

NORCO, La. - Rodney Harris jokes that there's little chance of his being late for work at Valero Energy Corp.'s refinery.

Japan's Nikkei 225 Stock Average rose, paced by energy stocks such Showa Shell Sekiyu K.K. and Inpex Corp., after oil jumped by the most this month.

Delta Air Lines Inc. and Northwest Airlines, the third- and fourth-largest U.S. air carriers, both declared bankruptcy on Wednesday as the industry's struggle with soaring oil prices and low-cost competition ...2.7

PetroKazakhstan Inc. China with further crude supplies from Central Asia ... China's ambitions to speed up the acquisition of overseas oil assets became apparent in late June when CNOOC, China's third-largest oil group, launched a bidding war with Chevron for Unocal , the California-based oil company.2.9

Halliburton, others, take the cash for real by James Ridgeway September 14th, 2005 2:27 PM WASHINGTON, D.C.-While George Bush promises to take "responsibility" for the disastrous government response to Hurricae ...2.7

Shortly after Hurricane Katrina roared through South Mississippi knocking out electricity and communication systems, the White House ordered power restored to a pipeline that sends fuel to the Northeast.2.9

The global IT company has said 968 jobs from the UK will go, as part of its plans to cut costs and remain competitive.2.7

CITGO is one of the largest oil companies in the United States and is a major fuel provider in Texas.2.7

Tiger Electronics new I-DOG, interactive music companion, is on display at the Hasbro, Inc., showroom in New York on Wednesday.4.2

LOS ANGELES - Three oil refineries that lost power during a citywide outage were still working Wednesday to restore normal levels of gasoline production and prevent a possible spike in oil prices.3.2

Randy See, water director at Western Colorado Congress, is looking for help in a fight against the oil and gas industry.

Petro-Canada is putting its interest in a major Syrian oil and gas joint venture on the auction block to concentrate on other assets in which it has operating control, a spokeswoman said Wednesday.4

Offshore oil and gas drilling contractor GlobalSantaFe today provided a preliminary estimate for the expected start of operations for its four offshore drilling rigs damaged by Hurricane Katrina.2.7

EPCOR Utilities Inc. announced today the sale of Alberta mid-sized commercial, industrial and institutional electricity contracts to Nexen Marketing .2.7

Technip and Subsea 7 has signed a Memorandum of Understanding where affiliates Technip Oceania Pty Ltd and Subsea 7 Singapore Pte Ltd had expressed intention to form a jointly operated company for subsea ...2.7

FORMER Shell chairman Sir Philip Watts has lost a showdown with the City watchdog into how it handled the investigation into the oil major's reserves crisis.2.7

U.S. stock-index futures climbed as investors speculated that yesterday's decline overstated the impact of Hurricane Katrina on corporate profit.2.7

Hurricane Katrina's lingering effects threatened to upset maintenance plans at refineries on the Delaware River on Tuesday, but Valero Energy Corp.2.7

COMPUTER giant Hewlett-Packard has confirmed it will cut 968 posts in the UK over the next 12 months, part of job losses totalling 5900 across the group's Europe, Middle East and Africa region.2.7

The company is preparing for possible outages, but hopes the damage from the storm won't be too severe like with Isabel.2.7

Today the Bellwether Report has identified Forest Oil Corporation , a company that our analysts will be tracking over the ensuing weeks.2.7

Kathy McLaughlin/Poughkeepsie Journal Kris Walker climbs aboard a Gentle Giant Moving Co ... is on a move of its own, entering the metropolitan area market with Walker as head of its White Plains office, its first in New York.3.1

Nanjing, the capital city of Jiangsu Province in east China, has kicked off the construction of a large chemical exchange that will serve as a floor-based and E-commerce chemical trading platform for Jiangsu ...2.7

STEAMBOAT SPRINGS — A road adjacent to the Three Forks Ranch can be built, Routt County commissioners decided Tuesday night.3.1

Indonesian state oil firm Pertamina and U.S. oil giant Exxon Mobil Corp. XOM.N plan to sign a long-awaited deal on developing the Cepu oil block this week, the government said on Wednesday.3.3

UK-based Cairn Energy has started a survey for laying a 400 km-long pipeline at a cost of Rs 10 billion between Barmer and Mundra port in Gujarat, ONGC sources said here.2.7

Time Warner said yesterday that it was on track to meet its 2005 objectives, a day after the corporate raider Carl C. Icahn said he would seek a seat on the board to push for changes.3.1

By James Moore, Financial Correspondent Former Shell chairman Sir Philip Watts yesterday lost his appeal against the chief financial regulator's handling of an investigation into the oil giant's reserves ...4

There was a changing of the guard at Deer Creek Energy Ltd. on Tuesday as the company's chief executive and other directors resigned following Total E&P; Canada's acquisition of majority control of the oil sands ...3.1

The teachings of the value masters -- Graham, Buffett, Munger, Ruane, Whitman -- are the first, last, and most important lessons to learn in investing.

A lot of people are using the hubs of Manchester and London to travel on, so rather than buy their money at Heathrow or Gatwick, they can get it at Ronaldsway.3.1

Niko Resources Ltd. is being sued in the United States by a number of plaintiffs who claim to have suffered damages from the uncontrolled release of gas in Bangladesh in January and June - a lawsuit the ...4.2

The California Supreme Court has set Oct. 5 for oral arguments in a closely watched premises liability asbestos suit in which the justices will decide a premises owner's obligations toward a contractor's ...2.7

Jo Maynard of San Rafael had a simple request when she showed up Sept. 2 at the Marin office of the American Red Cross.2.7