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Despite concerns, BP panel to prioritize projects
Florida Keys KeynoterNo one knows how much it will be or when it will come, but a new Monroe County committee has been tasked with ranking projects for local money from Deepwater Horizon settlements. "This literally could go on for next couple years or it could crack open...Tags: Punishment, Marathon, Gulf of Mexico Oil Spill (2010), Key Largo, Fines
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US Midwest gasoline pump prices surge on tight refinery supplies
ReutersBy Brendan O'Brien MILWAUKEE, Wis. May 17 (Reuters) - Retail gasoline prices hit all-time highs on Friday in several U.S. Midwestern cities due to maintenance and outages at refineries in the region resulting in a tightening of supplies, according to...Tags: Petroleum Industry, Joliet, Automotive Equipment, Manufacturing and Engineering, Car Repair and Maintenance Tips
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Activist investor says Petrogrand should exit Russia
ReutersBy Greg Roumeliotis May 17 (Reuters) - An activist hedge fund has urged Swedish oil and gas company Petrogrand AB to drop exploration activities in Russia, explore strategic alternatives and replace its chief executive, according to a letter from the...Tags: Petroleum Industry, Corporate Officers, Russia, Companies and Corporations
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RPT-INTERVIEW-Payout official set for surge in BP spill claims
Reuters(Repeats to reach more customers) By Kathy Finn NEW ORLEANS, May 16 (Reuters) - The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday...Tags: Gulf of Mexico Oil Spill (2010), Business, Oil Spills, Justice System, Lawyers
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Clash between Russian oil chiefs could undercut Putin ally
Reuters* Tokarev rounds on Rosneft deal to treble China exports * Could worsen Russia's export overcapacity * China plan relies on "undiscovered reserves" - Transneft * Hits back over audit on cost overruns By Olesya Astakhova and Douglas Busvine MOSCOW,...Tags: Petroleum Industry, Pacific Ocean, Moscow (Russia), Marketing, Russia
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As Memorial Day nears, California gasoline prices rise above $4
Summer is coming. The long Memorial Day weekend is just two weeks away and, of course, average gasoline prices in California are back up above $4 a gallon. On Friday, the average price of a gallon of regular gasoline in California was $4.062, up 7.6...
Tags: Petroleum Industry, Auto Trends, Memorial Day, AAA, Gasoline Industry
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Oregon refinery employee featured in BP ad campaign
The BladeA longtime employee of BP's oil refinery in suburban Toledo is prominently featured in a national television ad touting the energy company's commitment to safety as it moves forward from the 2010 Gulf Coast disaster. Jon Parker is the assistant chief of...Tags: Husky Energy Incorporated, Gulf of Mexico Oil Spill (2010), Oil Spills, Hurricane Sandy (2012), Upstream Oil and Gas Activities
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Investigación europea por precios del petróleo se amplÃa a firma holandesa
ReutersLONDRES, 17 mayo (Reuters) - La investigación de la Comisión Europea sobre la posible manipulación de los precios del petróleo se extendió más allá de tres grandes compañÃas del sector a una pequeña firma comercializadora, en tanto una refinerÃ...Tags: Royal Dutch Shell Plc, McGraw-Hill Incorporated, Thomson Corporation
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Tesoro wins US antitrust approval to buy California BP refinery
ReutersWASHINGTON, May 17 (Reuters) - U.S. refiner Tesoro Corp. has received formal antitrust approval to buy a BP refinery in southern California without conditions. The Federal Trade Commission, which assessed the deal to ensure that it complied with U.S....Tags: Anti Trust Crime, Antitrust Issues, Federal Trade Commission, Corporate Crime
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U.S. FTC OKs Tesoro purchase of BP Calif. refinery, assets
ReutersMay 17 (Reuters) - The U.S. Federal Trade Commission on Friday said it approved Tesoro Corp's purchase of BP Plc's 240,000 barrel per day Los Angles area refinery and other assets in a 3-0 vote. The commission found the deal would not substantially...Tags: Kamala D. Harris
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U.S. senator seeks probe into impact of alleged EU oil price manipulation
ReutersWASHINGTON, May 16 (Reuters) - The chairman of the U.S. Senate's energy committee asked the Justice Department on Friday to investigate whether alleged price manipulation by three oil companies in Europe has boosted fuel prices for U.S. consumers....Tags: Petroleum Industry, Royal Dutch Shell Plc, Eric Holder, Justice System
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FACTBOX-Freeport becomes second US LNG plant to win export approval
ReutersNEW YORK, May 17 (Reuters) - Freeport LNG, one of the first natural gas importers to switch gears and target exports, has been given the green light by U.S. regulators to sell frozen gas to non-Free Trade nations, with Japanese utilities and BP Plc...Tags: Petroleum Industry, Osaka (Japan), Trade Dispute, Dow Chemical Co., Imports
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