Tag: bp
Report: Alaska Pipeline Could Reopen Within Days
by Danny King on Jan.10, 2011, under Towing
Oil prices rose modestly, after spiking by almost $2 a barrel earlier Monday, on reports that an Alaskan pipeline that was shut down Saturday because of an oil leak will reopen within days.
Continue reading Report: Alaska Pipeline Could Reopen Within Days
Report: Alaska Pipeline Could Reopen Within Days originally appeared on DailyFinance on Mon, 10 Jan 2011 23:00:00.
Filed Under: Energy, Exxon Mobil, BP
Alaska Pipeline Shutdown Has Immediate Impact on Oil Prices
by Douglas McIntyre on Jan.10, 2011, under Towing
BP (BP), ConocoPhillips (COP) and Exxon Mobil (XOM) have cut their oil production from Alaska’s Prudhoe Bay field by 95% after a leak was discovered in the Trans-Alaska Pipeline. No one is certain how long the leak will take to fix. It appears to be in a concrete casing along the pipeline at the North Slope pumping station. Alyeska Pipeline Service, the partnership among the oil firms that handles…
Continue reading Alaska Pipeline Shutdown Has Immediate Impact on Oil Prices
Alaska Pipeline Shutdown Has Immediate Impact on Oil Prices originally appeared on DailyFinance on Mon, 10 Jan 2011 06:55:00.
Filed Under: Energy, Exxon Mobil, BP
BP Station Owners See Business Rebound as Oil Spill Anger Fades
by Jonathan Berr on Jan.06, 2011, under Towing
Facing widespread calls for boycotts, owners responded by hammering home the message that the U.K. oil company doesn’t own most of the retail locations that bear its name. Now as anger fades, business is coming back, and few owners ditched the brand.
Continue reading BP Station Owners See Business Rebound as Oil Spill Anger Fades
BP Station Owners See Business Rebound as Oil Spill Anger Fades originally appeared on DailyFinance on Thu, 06 Jan 2011 15:00:00.
Filed Under: Energy, Company News, Retail, BP
BP Shares Jump on Reports That Shell Considered Merger Bid
by Hugh Collins on Jan.04, 2011, under Towing
Shares of BP (BP) jumped to the highest level in six months on media reports that Royal Dutch Shell (RDS.A) considered bidding for the British company during the Gulf Oil disaster.
BP shares climbed 5% to 488.85 pence at 10:00 GMT, Reuters reported.
British newspaper The Daily Mail reported that Shell considered a bid, but was discouraged by the uncertainty over the size of the compensation claims…
Continue reading BP Shares Jump on Reports That Shell Considered Merger Bid
BP Shares Jump on Reports That Shell Considered Merger Bid originally appeared on DailyFinance on Tue, 04 Jan 2011 07:08:00.
Filed Under: Energy, Company News, BP, Market News
Oil Industry Plans Record Spending in 2011
by Melly Alazraki on Dec.29, 2010, under Towing
One would think that BP’s massive Gulf of Mexico oil spill this year would have given pause to the global oil industry, but that doesn’t appear to be the case. Companies in the sector are planning to spend a record $490 billion in 2011, including a large amount for deep-water development.
Continue reading Oil Industry Plans Record Spending in 2011
Oil Industry Plans Record Spending in 2011 originally appeared on DailyFinance on Wed, 29 Dec 2010 09:10:00.
Filed Under: Energy, Exxon Mobil, BP, Chevron
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