A US commodity trading house has filed a class-action lawsuit in New York against BP, Shell and Statoil, the three European oil companies being investigated by the European Commission for suspected manipulation of oil prices. The oil ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Gasoline prices in Western Canada and the US Midwest have jumped due to supply issues surrounding the turnaround of Suncor's 135,000 b/d Edmonton, Alberta, refinery, industry sources said Thursday. "Suncor's move to secure gasoline and ...
Tags: Retail Gasoline, Chemicals
The Novatek-led Yamal LNG consortium's marketing of LNG from the project and final investment decision are not dependent on whether the Russian government would allow companies other than Gazprom to export gas from the country, ...
The rapid pace of new US crude production has traders scrambling to assess constantly moving crude differentials as supporting infrastructure grows and changes the dynamics. Not long ago, there was too much crude in Cushing, Oklahoma, the ...
Tags: US Debottlenecking, Chemicals
In 2003, Yukos was preparing for a game-changing merger with another private Russian oil company, Roman Abramovich's Sibneft, to create a 2.3 million b/d Russian oil producing giant. The deal was scuppered, however, in large part because ...
Tags: Yukos Demise, Giant Oil Producer
To get an idea of how American coastal waters might look just before they succumb to all the degradations they have suffered these past five centuries, it would be worth taking a July trip to Mobile Bay, an Alabama inlet that feeds into the ...
Tags: Agriculture, Food
Westlake Chemical Corporation announced that Mr. Michael J. Graff (57) and Mr. R. Bruce Northcutt (53) have been elected to the company's board of directors. Mr. Graff is Chairman and Chief Executive Officer of American Air Liquide ...
Tags: Westlake Chemical, BoD, Metallurgy, Mineral&Energy
UK oil and gas major BP has sought environmental approvals from the Australian federal government for a $600 million exploration program in the frontier waters of the Great Australian Bight, off the continent's south coast. BP holds four ...
Some predictions of surging global production of light, tight oil from unconventional source rocks may be overblown, with a of number of environmental and political question marks still hanging over the industry, delegates at a London oil ...
The recent narrowing in the Brent premium to NYMEX crude, which fell to a 17-month low of $7.48/b on Thursday, is set to continue into the third quarter, with $5/b a possibility, before widening again early next year, Goldman Sachs analysts ...
Tags: Brent/WTI, Brent premium
As a result of renewed focus and restructuring over the past few years, BP now will direct as much as 75-80% of its capital expenditures to upstream projects over the next decade, BP's chief executive of upstream said Monday. The world ...
The history of cooking vessels before the development of pottery is minimal due to the limited archaeological evidence. The earliest pottery vessels, dating from 19,2000–20,000 BP, were discovered in Xianrendong Cave, Jiangxi, China. ...
A bed is a piece of furniture used as a place to sleep or relax. It has a secondary use as a location to engage in sexual relations. Most modern beds consists of a mattress on a bed frame, with the mattress resting either on a solid ...
Tags: Bed
Norway's Statoil Thursday reported first-quarter output of 1.998 million b/d of oil equivalent, down 9% year-on-year, which, coupled with lower prices, cut net profit by more than half. However, CEO Helge Lund said in the results ...
Tags: Statoil, CFO Torgrim Reitan
Early beds were little more than piles of straw or some other natural material (e.g. a heap of palm leaves, animal skins or dried bracken). An important change was raising them off the ground, to avoid drafts, dirt, and pests. Bedding dated ...
Tags: Bed, Ancient World