More From Pierre Bertrand
After Civil War, BP Returns To Libya
After the Libyan civil war last year call but halted the country's oil and natural gas industry, BP on Tuesday announced it will resume its exploration work in the biggest oil-producing nation in Africa .
May 29, 2012
NY Comptroller To Chevron: Time To Pay $18 Billion Ecuador Fine
New York Comptroller Thomas DiNapoli renewed his call on Friday that Chevron Corp. (NYSE: CVX), the second-largest oil company in the U.S., settle its legal battle against a multibillion-dollar judgment in Ecuador, to avoid further damaging its reputation and shareholder value.
May 25, 2012
Federal Regulators Plan Arctic Oil Spill Response Drills
The Bureau of Safety and Environmental Enforcement will be conducting a series of possibly unannounced equipment inspections and on-water drills to test the oil spill responsiveness of companies planning to operate off the coast of Alaska in the Arctic Ocean.
May 25, 2012
U.S. Calls For Exercise In Gulf Of Mexico To Prevent Oil Spill Disasters
The Department of the Interior on Thursday called for a deepwater oil and natural gas containment exercise, designed to test the oil industry's readiness and capacity to respond to a future accident like the Deepwater Horizon in the Gulf of Mexico.
May 25, 2012
Fracking Debate Complicates As Group Accuses University Of Parroting Oil Industry
In the debate on hydraulic fracturing's safety record, the back and forth between industry groups, activist, and academic studies creates a lot of noise for the average person to sort out. But when a university is accused of misrepresenting its own data, that makes understanding the controversial drilling technique even more challenging.
May 25, 2012
Repsol Makes Big 1.2 Billion-Barrel Oil Find Off Brazilian Coast
Spanish oil company Repsol on Thursday announced it made one of the year's largest oil and natural gas discoveries off the coast of Brazil.
May 24, 2012
State Fracking Laws Expand As Ohio Is Set To Approve Its Own Bill
The Ohio House on Thursday is expected to vote on a bill that would bolster the state's rules on hydraulic fracturing
May 24, 2012
Nebraska Landowners Sue Governor Over Keystone XL Pipeline Constitutionality
The national debate on the Keystone XL pipeline enters the courtroom, as Nebraska landowners sue their state over how the pipeline project could be approved.
May 23, 2012
US Gas Prices Fall With Crude, But Still Too High: Oil Trade Group
The American Petroleum Institute has again called on Washington to increase domestic production of oil on both federal and public lands, to help consumers by bringing gasoline prices down even further.
May 23, 2012
Fracking Opponents Don't Like Ohio's Proposed Disclosure Law
Ohio representatives this week will vote on a set of new natural gas drilling regulations, including chemical disclosure laws, that opponents say favor natural gas drillers.
May 23, 2012
Oil Drops After Mild Monday Gains As Iran Tensions Ease
Good news out of Iran on Tuesday helped add to crude oil's price decline, already spurred by economic woes plaguing Europe.
May 22, 2012
Petrobras Says It Holds Billions Of Barrels Of Offshore Oil
Brazilian state-owned oil company Petrobras announced Tuesday the company has tens of billions of barrels of oil to be developed from offshore oil fields.
May 22, 2012
Coal Issue Catches Fire In Presidential Campaign
The Obama administration is increasingly under fire this month for its policy on the nation's coal sector.
May 22, 2012
Total Plugs North Sea Natural Gas Leak
Officials with French oil company Total on Monday announced one of the company's producing platforms in the North Sea has stopped leaking natural gas.
May 21, 2012
East Texas Rocked Again By Weekend Quake
East Texas has again been hit by an earthquake in a region that has seen a small rash of quakes in the past year.
May 21, 2012
Cuba's Hope Of Energy Independence Suffers Blow As Repsol Drills Dry Hole
Cuba's hope of cutting its energy dependence on Venezuela by developing new domestic sources of crude oil has suffered a blow -- the first in a series of exploratory offshore wells is a dry hole.
May 18, 2012
Texas Town Rocked By Unusual Quakes Suspects Natural Gas Drilling
East Texas has been shaken this past week by two earthquakes, and the region's natural gas drilling could be what has triggered them.
May 18, 2012
Former BP Engineer In Gulf Spill Probe Requests Lift On Travel Restrictions
Kurt Mix, a former engineer for BP PLC who is accused of deleting hundreds of telling text messages about the amount of oil flowing into the Gulf of Mexico because of the company's Deepwater Horizon disaster in 2010, has asked a federal judge to allow him to travel freely while on bail.
May 18, 2012
Oil Sheen Spotted Near Brazilian Offshore Oil Platform
Brazilian naval authorities are investigating yet another oil sheen seen floating near a platform owned by state oil company Petrobras.
May 17, 2012
Next 9/11 Will Come From The Ground, Says Ex-Pilot Congressman
The perpetrators of the next 9/11 terrorist attack may avoid airport terminal security altogether by infiltrating airports and planes parked on the tarmac, said Chip Cravaack, a Republican congressman who knows the industry well - he used to be an airline pilot.
May 17, 2012
Judge Recuses Herself From Engineer's Criminal Case In 2010 BP Gulf Spill
Federal judge Jane Triche Milazzo has recused herself this week from the first criminal case stemming from BP's Deepwater Horizon 2010 oil spill.
May 17, 2012
Chevron Expulsion From Brazil 'Unlikely,' Says Petrobras
Brazilian oil company Petrobras, which helps U.S.-based Chevron develop offshore oil fields in Brazil, said regulators there are not likely to shut down Chevron's operations in the Frade oil field in the wake of oil spills.
May 17, 2012
Vermont Bans Hydraulic Fracturing, Becomes First State To Do So
The state of Vermont became on Wednesday the first in the United States to ban the controversial natural gas drilling technique known as hydraulic fracturing or fracking.
May 16, 2012
Study Slams EPA's Draft Fracking Report On Wyoming Water Pollution
The U.S. Environmental Protection Agency is again under fire for a draft study released late last year that suggests natural gas drilling contaminated ground water.
May 16, 2012
Ethanol In Gasoline Potentially Harmful To Millions Of Engines, Says Report
A new blend of ethanol in gasoline could likely cause billions in damages to millions of engines across the country said a final report released by the Coordinating Research Council on Wednesday.
May 16, 2012
Fracking Violations Decreasing In Pennsylvania: Report
A study released on Tuesday by the University of Buffalo's Shale Resources and Society Institute suggests that Pennsylvania is getting better at regulating natural gas drilling, and that the state has a regulatory model that New York could implement as it considers opening its own doors to high-volume horizontal hydraulic fracturing.
May 15, 2012
Former BP Engineer Says Evidence Will Absolve Him Of Criminal Charges In Gulf Disaster
Kurt Mix, the former BP engineer arrested for deleting messages revealing how much oil was really seeping from the stricken Deepwater Horizon well in 2010, said evidence not yet submitted to federal investigators will absolve him of all criminal charges.
May 15, 2012
Petroleum Trade Group Offers Energy Policy Tips To Both Parties
In a joint presentation to both Republican and Democratic party platform committees, the American Petroleum Institute, the largest petroleum industry-backed trade group, released a series of recommendations it would like to see implemented by the next presidential administration.
May 15, 2012
Repsol Moves To Sue Argentina Following Seizure Of Oil Company
Spanish oil company Repsol started motions Tuesday to sue the Argentine government in the hope of collecting at least $10 billion for the seizure of its subsidiary YPF.
May 15, 2012
Chevron Shareholders Ask SEC To Investigate Company Disclosures On $18B Ecuador Judgment
A group of Chevron Corp., shareholders has asked that the Securities and Exchange Commission investigate claims the oil major is not fully disclosing the effect that a multi-billion dollar environmental case in Ecuador would have on the company and its numerous stakeholders.
May 14, 2012
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