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By Joe Carroll, Tim Catts and David Wethe, Bloomberg |
February 7, 2013
Deep-water oil exploration has been disrupted from the Gulf of Mexico to Brazil by the discovery of faulty bolts used in safety equipment less than three years after the worst-ever U.S. maritime crude spill.
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By Jim Efstathiou Jr., Bloomberg |
February 6, 2013
Drilling regulators directed offshore operators to halt work on some oil and gas wells in the U.S. Gulf of Mexico after discovering faulty bolts on equipment used to prevent blowouts.
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By Mark Shenk, Bloomberg |
September 19, 2012
Oil tumbled to a six-week low after U.S. crude inventories surged the most since March as production and imports rebounded from Hurricane Isaac.
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By Phil Flynn |
August 31, 2012
Ben Bernanke and his Jackson Hole speech may overshadow news coming from the aftermath of Hurricane Isaac, yet it is in Russia that America’s new shale gas revolution is shaking things up.
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By Phil Flynn |
August 29, 2012
Hurricane Isaac makes a second landfall at Port Fourchon, La. and it is becoming clearer that the threat from this slow moving storm may not come from the winds but the potential flooding.
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By Phil Flynn |
August 27, 2012
Wind and rain and Isaac have taken a nasty turn right into the heart of Gulf oil production. State of emergency and evacuation orders are in place along the Gulf oil and refining areas.
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By Ayesha Daya, Bloomberg |
June 26, 2012
Oil was little changed in New York after a storm avoided the Gulf of Mexico’s energy-producing area and amid speculation European leaders will fail to stem its debt crisis that threatens to curb fuel demand.
