Friday, July 4, 2025

Explosion at Exxon LA-area refinery, gas prices spike

Story by CNBC An explosion and fire ripped through a gasoline processing unit at anExxon Mobil refinery in Torrance, California, near Los Angeles on Wednesday, slightly injuring four workers and shattering windows of surrounding buildings, authorities said. Exxon confirmed that there had been an “incident” at the refinery but it did not offer further details. It said emergency procedures had

Samson Oil & Gas Advisory

Samson Oil & Gas Limited (ASX: SSN; NYSE MKT: SSN): TOTAL COMPANY PRODUCTION Samson’s net monthly production for the December 2014 quarter and for January 2015 was as follows: October November December January OIL, BO 6,591 17,619 18,906 15,221 GAS, MCF 11,861 9,363 12,102 15,384 BOE 8,567 19,180 20,923 17,785 BOEPD 285 618 675 574 January production was lower than

Harvest Natural Resources Receives Continued Notice Listing From NYSE

Harvest Natural Resources, Inc. (NYSE: HNR) (Harvest or the Company) today announced that on February 13, 2015, the Company received notification from the New York Stock Exchange(NYSE) that the Company had fallen below the NYSE’s continued listing standard, which requires a minimum average closing price of $1.00 per share over 30 consecutive trading days. Under the NYSE’s rules, Harvest has

South Stream

Russia Ready to Consider Alternatives to South Stream

President Putin to explore alternatives to South Stream with the E.U. Russia is ready to discuss alternative options to South Stream with its European Union partners, says President Vladimir Putin. The Russian president said his country was not trying to punish its E.U. partners by deciding to stop the project, and is open to alternatives, but will not abandon cooperation

Ohio Supreme Court Upholds State’s Supremacy in Drilling Regulations

The Ohio Supreme Court rules that regulating oil and gas drilling is up to the state, not local authorities In a 4-3 decision with three written dissents, the Ohio Supreme Court has decided that certain local zoning laws aimed at limiting hydraulic fracturing cannot be used to circumvent state’s authority over oil and gas drilling. The court said that the