The risk management and emergency response plans of BP America and Transocean Ltd. for accidental oil and gas releases have garnered lawmaker scrutiny as a Gulf of Mexico (GOM) oil slick grows following an apparent well blowout last week.
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GOM Rig Disaster Sparks House Inquiry
The risk management and emergency response plans of BP America and Transocean Ltd. for accidental oil and gas releases have garnered lawmaker scrutiny as a Gulf of Mexico (GOM) oil slick grows following an apparent well blowout last week.
Chevron Shareholders Reject Call for Environmental Protection Report
Chevron Corp. shareholders on Wednesday overwhelmingly rejected a proposal to compel the oil major to issue an environmental protection report on its worldwide operations.
NGI The Weekly Gas Market Report
Texas Blackouts Grab Legislative, Regulatory Attention
Rolling blackouts last Monday in Texas raised the hackles of state and U.S. congress members and garnered the attention of FERC Chairman Joseph Kelliher, meaning the Electric Reliability Council of Texas (ERCOT) will be coming in for scrutiny.
KN Energy Sells Tom Brown Shares for $29M
The recent sale of one million shares of Tom Brown Inc. stock toan undisclosed investor garnered Lakewood, CO-based KN Energy about$29 million in cash and should help the company digest itsacquisition of Kinder Morgan Inc.
KN Energy Sells Tom Brown Shares for $29M
The recent sale of 1 million shares of Tom Brown Inc. stock toan undisclosed investor garnered Lakewood, CO-based KN Energy about$29 million in cash and should help the company digest itsacquisition of Kinder Morgan Inc.
Central Gulf Sale Results Weaker
Central Gulf of Mexico Lease Sale 172, held Wednesday in NewOrleans, garnered nearly $171.62 million in high bids out of$199.64 million in total bids. Of 3,806 blocks offered, 207received bids. There were 272 bids with an average of 1.31 bids perblock and 67 companies participating.
Seagull Asset Sales Gross $52M
Houston-based Seagull Energy Corp. said it garnered about $52.5million in gross proceeds from asset dispositions made during thefinal months of 1998. The money will be used to cut debt.