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Conoco says suspending rig work in southern Louisiana on Gustav
ConocoPhillips, eyeing the path of Tropical Storm Gustav, said work will be suspended Thursday on rigs drilling new wells for the company in southern Louisiana. The company, in an notice posted on...More...
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Diesel and gasoline: the impact on refining margins
Unquestionably the most visible part of the modern oil industry is the filling station. Our abject reliance upon diesel and gasoline, its influencing of every aspect of our lives, from job choices, to European Refining Marketsfood prices, to social activities, renders the filling station the unlikely backdrop to a shared global experience
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Gas DailyGulf lease sale yields $487 million in high bids
Supermajors ExxonMobil and Chevron showed a renewed interest in the Gulf of Mexico at this week's Western region lease sale, leading all other companies with 150 combined high bids that represented over half of the sale's $487 million total, the Minerals Management Service reported August 20.
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