US | Egypt Oil & Gas - Part 23
New Offshore Rig Training Facility to be Opened by BP and Maersk
BP and Maersk training announced they are working together to provide offshore rig crew training in Houston. BP awarded Maersk, which has doubled its training operations in the last three years, a five-year training ...
BP Loses Appeal for Reduction in Oil Spill Fines
A federal judge has rejected an attempt by BP to lower the fines it faces from its catastrophic Gulf of Mexico oil spill in 2010.
Baker Hughes, Halliburton Issue Joint Proxy Statement
Halliburton and Baker Hughes have issued a joint proxy statement/prospectus relating to the merger of Baker Hughes into a wholly owned subsidiary of Halliburton.
Train Derailment in West Virginia Sends Oil Tanker into River
A train carrying crude oil derailed in southern West Virginia on Monday, sending at least one tanker into the Kanawha River and sparking a house fire, officials said.
North Dakota Oil Production Increases to Record Levels Despite Rig Count Drop
The number of barrels of oil produced per day in North Dakota set a record in December, but the tally of rigs in the oil patch has dropped precipitously since then, state regulators said Friday. Texas Supreme Court Blocks BP’s $750 Million Insurance Claim
BP Plc isn’t covered under Transocean Ltd.’s insurance policies for the undersea well blowout that caused the 2010 Gulf of Mexico disaster, the Texas Supreme Court said, blocking the oil company’s access to $750 mill ...
TransCanada Halts Efforts to Acquire Land for Keystone Pipeline
TransCanada Corp. will temporarily suspend efforts to seize Nebraska land for its much-delayed Keystone XL oil pipeline after landowners sued, in what is one obstacle the Canadian company still faces in the 1,179-mi ...
Halliburton to Cut 5,000 Jobs
Oil and gas drilling services company Halliburton says it will eliminate at least 5,000 jobs in response to falling oil prices.
