Drilling opponents ask Interior secretary to halt plans for oil and gas drilling off AlaskaSeptember 21st, 2009 Opponents ask Salazar to halt offshore drillingWASHINGTON — Opponents of offshore drilling — including some dressed as salmon and a polar bear — delivered more than 250,000 postcards and letters to the Interior Department Monday on a proposal to open vast waters off the Pacific and Atlantic coasts to oil and gas drilling. Interior Secretary Ken Salazar invited public comments on a sweeping blueprint for expanded offshore drilling that was initially proposed in the final days of the Bush administration.
Exxon Mobil has completed surface section of first Point Thomson gas wellSeptember 14th, 2009 Exxon Mobil has started 1st Point Thomson gas wellANCHORAGE, Alaska — Exxon Mobil has drilled the first section of its first production well at the Point Thomson field on Alaska's North Slope. The Anchorage Daily News reports Exxon plans to complete the well by the end of next year and begin production by the end of 2014.
A brief history of the Exxon Mobil sabotage caseAugust 28th, 2009 A brief history of the Exxon Mobil sabotage caseA quick look at the history of the case in which Exxon Mobil Corp. is accused of sabotaging wells it has abandoned.
Chevron 2Q earns fall 71 percent as global petroleum demand falls; production increasesJuly 31st, 2009 Chevron profits tumble 71 pct because of cheap oilNEW YORK — Chevron on Friday said that its second-quarter profits fell 71 percent and the second-largest U.S. oil company put its entire land-based natural gas drilling operations on hold, citing dismal demand.
Chevron 2Q earns fall 71 pct as energy demand falls; natural gas drilling in US shut downJuly 31st, 2009 Chevron profits sink; natural gas drills shut downNEW YORK — Chevron on Friday said that its second-quarter profits fell 71 percent and the second-largest U.S. oil company put its entire land-based natural gas drilling operation on hold, citing dismal demand.
Exxon Mobil 2Q profit down 66 percent as lower crude, gas prices cut into earningsJuly 30th, 2009 Exxon Mobil 2Q profit falls a surprising 66 pctExxon Mobil Corp. on Thursday reported its lowest profit in nearly six years, a 66 percent plunge from the second quarter a year ago as the world's biggest publicly traded oil company confronted sharply lower crude and gas prices and anemic demand for refined products.
Exxon says it won't appeal, will pay $470M interest on Valdez oil spill punitive damagesJune 30th, 2009 Exxon to pay interest on Valdez oil spill damagesANCHORAGE, Alaska — Oil giant Exxon Mobil Corp. has decided not to appeal hundreds of millions of dollars in interest on punitive damages resulting from the 1989 Exxon Valdez oil spill.
Federal court orders Exxon to pay $500 million in interest on settlement for 1989 oil spillJune 16th, 2009 Exxon told to pay interest on Alaska spill awardANCHORAGE, Alaska — Exxon Mobil Corp. was ordered Monday to pay about $500 million in interest on punitive damages for the Exxon Valdez oil spill off Alaska, nearly doubling the payout to Alaska Natives, fishermen, business owners and others harmed by the 1989 disaster.
Federal court orders Exxon Mobil to pay $507.5 million, plus interest, for 1989 oil spillJune 15th, 2009 Exxon ordered to pay $507.5M for 1989 Alaska spillSAN FRANCISCO — Exxon Mobil Corp. has been ordered to pay $507.5 million in punitive damages to Alaska natives, fishermen, business owners and others harmed by the massive 1989 oil spill off Alaska.
Exxon takes role in massive pipeline project to bring Alaskan natural gas to lower 48June 11th, 2009 Exxon brought in on Alaskan pipeline projectANCHORAGE, Alaska — Exxon Mobil Corp. will partner with TransCanada to help build a massive pipeline capable of bringing natural gas from Alaska to the lower 48 states, the companies said Thursday.
Oil giant says it has started drilling operations at Point ThomsonMay 10th, 2009 Exxon begins drilling at Point ThomsonANCHORAGE, Alaska — Exxon Mobil says it has begun drilling at Alaska's Point Thomson oil and gas field. Patrick McGinn, a company spokesman, says drilling operations were launched Friday.
Exxon Mobil profit falls 58 percent as lower crude, gas prices cut into earningsApril 30th, 2009 Exxon Mobil profits fall 58 percent to $4.6BHOUSTON — Exxon Mobil says its first-quarter profit fell 58 percent as the world's biggest publicly traded oil company, like smaller rivals, encountered far lower year-over-year oil and gas prices. Exxon Mobil Corp., based in Irving, Texas, said Thursday that earnings for the first three months of the year came to $4.6 billion, or 92 cents a share, down from $10.9 billion, or $2.02 a share, a year ago.
Exxon Mobil 1Q profit down 58 percent as lower crude, gas prices cut into earningsApril 30th, 2009 Exxon Mobil 1Q profit fall 58 percentHOUSTON — Exxon Mobil says its first-quarter profit fell 58 percent as the world's biggest publicly traded oil company, like smaller rivals, encountered far lower year-over-year oil and gas prices. Exxon Mobil Corp., based in Irving, Texas, said Thursday that earnings for the first three months of the year came to $4.6 billion, or 92 cents a share, down from $10.9 billion, or $2.02 a share, a year ago.
Exxon Mobil 1Q profit down 58 percent as lower crude, gas prices cut into earningsApril 30th, 2009 Exxon Mobil 1Q profit falls 58 percentHOUSTON — Exxon Mobil Corp. said Thursday first-quarter earnings fell 58 percent from a year ago, its lowest profit in more than five years, as the world's biggest publicly traded oil company saw crude and gas prices fall precipitously.
ONGC to start drilling wells in Gulf of KhambhatMarch 10th, 2009 SURAT - Oil and Natural Gas Corp (ONGC) will soon start drilling three exploration wells at a depth of 2,500 to 4,500 metres in the Gulf of Khambhat off northwest Gujarat, officials said. The company has got the clearance from the ministry of environment and forests Feb 22 to start drilling the wells in the CB-ONN-2004/1/2 blocks, they said.
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