(Oil Price)– The $5-billion East African Crude Oil Pipeline (EACOP), which is planned to export crude oil from Uganda via a port in Tanzania, is now 75% complete, moving landlocked Uganda a step closer to becoming an oil exporter. EACOP, a controversial pipeline project that has seen a lot of environmental opposition and planning and construction delays, is now about
(World Oil)– Brazil’s state-controlled energy company received approval to explore for oil near the mouth of the Amazon River, capping a yearslong standoff with environmental regulators Petroleo Brasileiro SA said in a filing Monday that it received permission to drill one exploratory well in the Foz do Amazonas basin. “The drill rig is at the well site and drilling is
Houston Chronicle Losses continue to mount for Houston oil field service company National Oilwell Varco, which posted a nearly quarter billion dollar loss during the third quarter. In a statement released after close of market on Monday, NOV reported a $244 million loss on $2.1 billion of revenue during the third quarter. The figures were down from the $1 million
From Reuters Harris County, Texas sued Exxon Mobil Corp on Thursday over pollution from a fire a day earlier at the company’s Baytown Olefins Plant, according to an attorney for the county. The fire was being investigated by federal and state agencies. The U.S. Occupational Safety and Health Administration (OSHA) and the Texas Commission on Environmental Quality (TCEQ) were at
By Bevo Beaven, Editor, Oil & Gas 360 Local control in Colorado: one city works out strict health, safety, environmental controls for oil and gas operators; lands in environmental movement crosshairs anyway Adjacent to Denver’s eastern border, the city of Aurora, Colorado sprawls into three counties—Arapahoe, Adams and Douglas. It is one of the nation’s fastest growing cities. It’s bigger
