Louisiana, United States. A production platform has exploded 80 miles off the central coast of Louisiana, with 13 people overboard, including one injured, the Coast Guard said Thursday morning.
Louisiana, United States. A production platform has exploded 80 miles off the central coast of Louisiana, with 13 people overboard, including one injured, the Coast Guard said Thursday morning.
South Portland. Wright Express has signed a five-year agreement to provide private label fleet card services for Houston-based ConocoPhillips. Wright Express announced today that it will issue fleet cards and provide related services to Conoco, Phillips 66 and 76, the three ConocoPhillips brands affiliated with motor fuels. Wright Express' primary business is handling fleet transactions -- issuing charge cards that companies' fleet drivers use for fuel or repairs.
Washington. Energy giant BP spent more than 93 million dollars on advertising in the three months after the April 20 Gulf oil spill, triple what it spent over the same period in 2009, US lawmakers said Wednesday.
Brasilia. OGX's subsidiary, OGX Maranhão, has identified additional evidence of gas in the Devonian section of well 1-OGX-16-MA, in block PN-T-68, in the onshore basin of Parnaiba. OGX Maranhão, an entity formed by OGX S.A. (66.6%) and MPX Energia S.A. (33.3%) is the operator and holds a 70% stake in this block, while Petra Energia S.A. holds the remaining 30%.
Calgary. Enbridge Inc. (TSX:ENB) (NYSE:ENB) announced today that it will undertake an expansion of its Athabasca Pipeline to accommodate recent shipping commitments by the Christina Lake oil sands project operated by Cenovus. The estimated cost of the project is approximately $185 million. The Athabasca Pipeline transports crude oil from various oil sands projects to the mainline hub at Hardisty, Alberta. Following this expansion, which is expected to be in service in the third quarter of 2013, the capacity of the Athabasca Pipeline will be 430,000 bpd, depending on crude slate.
Rio de Janeiro. A diversified utility company with a large portfolio of thermal energy projects, announced today that OGX Maranhão has identified additional evidence of gas in the Devonian section of well 1-OGX-16-MA, in block PN-T-68, in the onshore basin of Parnaiba. OGX Maranhão, an entity formed by MPX Energia S.A. (33.3%) and OGX S.A. (66.6%) is the operator and holds a 70% stake in this block, while Petra Energia S.A. holds the remaining 30%.
Charlotte. Duke Energy (NYSE: DUK) has selected California-based Echelon Corporation and Massachusetts-based Ambient Corporation to further develop its grid-based communications architecture that connects various digital devices such as smart meters, power line sensors and automated power switching equipment.
New York. Williams Cos. Inc.'s $12 billion restructuring was completed Tuesday when unitholders of one subsidiary accepted an exchange offer from another. Williams Pipeline Partners LP (WMZ on the stock ticker) unitholders approved the merger with Williams Partners LP. The move will fold WMZ into Williams Partners and, after Tuesday, eliminates the former as a publicly traded entity on the New York Stock Exchange.
Greenland. Environmental campaigners claim to have shut down a "dangerous" oil drilling operation by a British energy company in the Arctic. Greenpeace said four expert climbers in inflatable speedboats had evaded Danish navy commanders to climb up the inside of the Cairn Energy oil rig off Greenland.
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