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Libya Unrest, BP stop Exploration more Oil Companies and Industry Fallout
Oil companies, including Italy’s Eni, Royal Dutch Shell PLC, U.K.-based BP and Germany’s Wintershall, a subsidiary of BASF, were evacuating their expat workers or their families or both. BP and Wintershall said they were temporarily suspending operations; Eni said production continued normally. Libya is one of the world’s biggest oil producers and has the largest [...]
Monday, February 21st, 2011ADX Energy Limited announce mobilisation Atwood Southern Cross to Lambouka-1
The Energy news, ADX Energy Ltd (ASX: ADX.AX) (PINK:ADXRF) is pleased to announce that it has commenced the mobilisation of the Atwood Southern Cross semi submersible drilling rig to the Lambouka-1 location on the Kerkouane exploration license offshore Tunisia. Whilst the exact duration of the rig tow is weather dependant, it is estimated that the [...]
Friday, June 18th, 2010Gas Prices Retail Growth per Gallon Today
Retail gas prices rose for the fifth straight day on monday, adding less than a penny overnight to a new national average of $2.648 a gallon, according to AAA, Wright Express and Oil Price Information Service. A gallon of regular unleaded is still cheaper than it was a month ago. It’s also 73.1 cents more [...]
Tuesday, February 23rd, 2010