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BD for BP :) Who is BP’s New Boss?
Multisource political news,
Posted by Brian Simpson on July 29, 2010 at 5:41am
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Latest Oil & Gas News
Crude rallies to end higher
US crude oil futures turned positive to end the month higher today, shrugging off earlier concerns about the pace of economic growth amid mixed data and lifted by a late rally in refined products futures as August contracts expired.
Chevron-Ecuador verdict pushed back
A verdict in a multibillion-dollar trial against Chevron in Ecuador over rain forest pollution looks unlikely to be reached until next year, according to the new judge on the case.
Spill strengthens states' royalty push
BP massive oil spill has given Gulf Coast lawmakers leverage to push for a larger share of the billions of dollars in royalties that oil companies pay to drill in US waters.
ABB scores Brazilian rig work
Swiss engineer ABB won a $20 million order to provide complete power systems, drilling drive and propulsion systems for a new deep-water semi-submersible drilling rig to be built by Daewoo Shipbuilding and Marine Engineering (DSME) at its shipyard in South Korea.
Feds ask for 'corrective action' from Enbridge
Canadian pipe giant Enbridge will not be able to start its 268-mile pipeline that spilled oil in Michigan until it takes “corrective action,” the Department of Transportation said.
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