Complete

As the supermajor gets back to business in the Gulf of Mexico (GOM) deepwater, one of its core areas, BP plc executives are hopeful that they can complete “in a few days” the $7.8 billion settlement tentatively reached last month with thousands of individuals and businesses that were impacted by the April 2010 Macondo well blowout, Chairman Carl-Henric Svanberg said Thursday at the company’s annual meeting.

BP plc executives are hopeful that they can complete “in a few days” the $7.8 billion settlement tentatively reached last month with thousands of individuals and businesses that were impacted by the April 2010 Macondo well blowout in the deepwater Gulf of Mexico (GOM), Chairman Carl-Henric Svanberg said Thursday at the company’s annual meeting.

Climate change impacts are lessened when power plants burn natural gas instead of coal, but the same is not necessarily true when vehicles burn natural gas instead of traditional fuels because methane leakage more than offsets the clean-burning benefits of gas, according to a methane leakage model developed by the Environmental Defense Fund (EDF) and university researchers. However, the gas industry countered that the model relies on “outdated and incomplete” data.

With the spinoff of its exploration arm now complete, a transformed Williams has its sights set on new business and major infrastructure expansion projects both onshore and offshore in North America, CEO Alan Armstrong said last week.

With the spinoff of its exploration arm now complete, a transformed Williams has its sights set on new business and major infrastructure expansion projects both onshore and offshore in North America, CEO Alan Armstrong said Thursday.

Canadian producers are riding shale gas technology imported from the United States to complete an about-face in drilling targets this year by switching over to tight oil formations.

Canadian producers are riding shale gas technology imported from the United States to complete an about-face in drilling targets next year by switching over to tight oil formations.

Canadian producers are riding shale gas technology imported from the United States to complete an about-face in drilling targets next year by switching over to tight oil formations.

Prices were close to a complete turnaround Wednesday from the declines at nearly all points that had begun the week’s trading. Only three Gulf Coast drops of a couple of pennies were left out of flat or higher numbers elsewhere.