Fallout

Five Workers Hurt in North Dakota Oilfield Flash Fire

There apparently is no environmental or public health fallout from an oilfield flash fire in the Bakken south of Williston, ND, that injured five workers, one of whom was airlifted to a nearby hospital in McKenzie County with burns, according to Trustland Oilfield Services and the North Dakota Department of Emergency Services.

July 19, 2013

Out-of-Work Gas Rigs Get Oil Jobs, Driller Says

The natural gas market may be in a “dire state,” but Tulsa-based contract driller Helmerich & Payne Inc. is poised to benefit as customers migrate to oil and liquids-rich shale plays where its high-performance AC-drive rigs are well suited to the more complicated work, CEO Hans Helmerich said Tuesday.

February 2, 2012

California Butane Tanks Causing Safety Concerns

The fallout from last year’s fatal San Bruno natural gas transmission pipeline rupture has spilled into Southern California where two 40-year-old butane storage tanks operated by a unit of a Houston-based company are stirring up local safety concerns. Three different risk scenarios completed in the past two years have stimulated debate.

October 11, 2011

BP Remains Atop NGI’s Gas Marketers Survey Despite Setbacks

While it continues to deal with the fallout of the Macondo well blowout in the Gulf of Mexico (GOM) last April and it reported decreases in both quarterly and annual physical sales of natural gas, BP plc remains firmly atop both NGI’s 4Q2010 Top North American Gas Marketers Ranking and NGI’s Full-Year 2010 Top North American Gas Marketers Ranking.

March 21, 2011

BP Remains Atop NGI’s Gas Marketers Survey Despite Setbacks

While it continues to deal with the fallout of the Macondo well blowout in the Gulf of Mexico last April and it reported decreases in both quarterly and annual physical sales of natural gas, BP plc remains firmly atop both NGI’s 4Q2010 Top North American Gas Marketers Ranking and NGI’s Full-Year 2010 Top North American Gas Marketers Ranking.

March 16, 2011

BP’s New Focus: Value Over Volumes

With fallout from last April’s Macondo well blowout a lingering financial and legal concern, BP plc last week cautiously reinstated a shareholder dividend and announced substantial changes to its worldwide portfolio.

February 7, 2011

BP’s New Focus: Value Over Volumes

With fallout from last April’s Macondo well blowout a lingering financial and legal concern, BP plc on Tuesday cautiously reinstated a shareholder dividend and announced new substantial changes to its worldwide portfolio.

February 2, 2011

Drilling Moratorium ‘An Opportunity Lost,’ Says Shell Executive

Fallout from the drilling moratorium in the deepwater Gulf of Mexico (GOM) could last more than a year, Royal Dutch Shell plc CFO Simon Henry said Thursday. He noted that Shell is taking a $59 million charge against its 3Q2010 results because of the moratorium.

November 1, 2010

Impact from Drilling Moratorium to Linger, Says Shell Executive

Fallout from the drilling moratorium in the deepwater Gulf of Mexico (GOM) could last more than a year, the CFO of Royal Dutch Shell plc said Thursday.

November 1, 2010

Insurer: Economy Raises Hurricane Stakes

The economic storm that has ravaged U.S. credit markets and driven down commodity prices could exacerbate the economic fallout of any hurricanes that bedevil the energy sector this year in the Gulf of Mexico, an executive with insurance firm Marsh & McLennan Companies Inc. said last Thursday.

June 1, 2009
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