| Key oil spill evidence raised to Gulf's surface
(AP) |
AP - Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is secure aboard a ship.
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| Busted BP well no longer 'threat' to Gulf
(AFP) |
AFP - The Macondo well, which spilled an estimated 4.9 million barrels of oil into the Gulf of Mexico, has been secured and no longer constitutes "a threat," a senior US official said.
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| BP replaces failed blowout preventer on Gulf well
(Reuters) |
Reuters - BP Plc successfully replaced a failed blowout preventer from atop its ruptured Gulf of Mexico oil well late on Friday, the top U.S. official overseeing the spill response said. |
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| What now for Gulf? Fire complicates drill debate
(AP) |
AP - What now for the Gulf? News of another oil rig fire in the Gulf of Mexico, so soon after the BP oil spill, has set off a wave of anxiety along the Gulf Coast and prompted calls for the government to extend its six-month ban on deepwater drilling.
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| Interior chief Salazar voices doubt on Arctic drilling
(Reuters) |
Reuters - Interior Secretary Ken Salazar said on Friday he cannot predict whether Royal Dutch Shell, which has invested $3.5 billion in an offshore Arctic oil-development program, will be allowed to drill the five wells it plans next year in Alaska's Chukchi and Beaufort Seas. |
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| Court reinstates markup law for Wisconsin gasoline
(AP) |
AP - A federal appeals court on Friday reinstated Wisconsin's 71-year-old minimum markup law on gasoline, a decision that could save some jobs but increase the cost of gas. |
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| Petrobras sells 64 bln dlrs of stock to fund oil exploration
(AFP) |
AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.
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| Glance: Oil settles above $74, down 42 cents
(AP) |
AP - Oil prices dipped Friday as traders remained worried about a glut of supply and sluggish demand as the summer driving season comes to a close. |
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| Watch those gas pumps; prices expected to fall
(AP) |
AP - Gasoline prices have been falling for weeks, and they could go even lower as autumn's leaves begin to drop.
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| AP Exclusive: Mariner opposed federal safety rule
(AP) |
AP - The company whose Gulf of Mexico oil platform erupted in flames this week cited the industry's "excellent safety record" when it opposed a proposed federal rule last year that would require offshore oil and gas operators to have safety systems aimed at reducing workers' mistakes. |
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| U.S. offshore oil fire may delay lift of drill ban
(Reuters) |
Reuters - The Obama Administration is likely to stay focused on toughening regulatory oversight of the U.S. offshore oil industry and may push back lifting a ban on deepwater drilling after the latest accident in the Gulf of Mexico, analysts said on Thursday.
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| Texas firm temporarily plugs leaking ND oil well
(AP) |
AP - A ruptured oil well in western North Dakota was temporarily plugged on Friday after leaking more than 2,400 barrels of crude and water, company officials said. |
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