March 1, 2012

A Surprise Turnaround for a Drilling Giant

Suzanne McGee, Fiscal Times

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The Dow Jones Industrial Average closed above the 13,000 level – an event last recorded before the financial crisis struck in 2008 – and among the stocks participating in the celebration was Transocean (RIG). . .

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TAGGED: Oil Spill, Transocean, Offshore Oil Drilling, Offshore Oil, Oil, Energy Investment, Fiscal Times


October 24, 2013
Containing North Dakota's Oil Spills
Dan Frosch, New York Times
For several days last month, Steven Jensen smelled the oil, wafting up over his rolling wheat farm near Tioga. . . more ››
  Scientists who helped calculate oil spilled from a broken BP well into the Gulf of Mexico are questioning the methodology used to estimate the amount of crude that recently leaked from a ruptured pipeline into a ... more ››
 Nine blackened tankers are scattered around the site. Part of the rail is mangled, warped, and burned black.A train carrying propane and crude that crashed in the hamlet of Gainford, Alta., early Saturday morning is once... more ››
North Dakota Gov. Jack Dalrymple announced a new oil spill Thursday night, the same day he met with an oil company official amid suggestions that the company may have known about problems with a pipeline before a 20,000-barrel... more ››
October 21, 2013
Is Deepwater the Next Oil Bonanza?
Daniel Graeber,
Strong growth in international drilling activity helped increase quarterly profits for some of the largest oil companies in the industry. Oil services company Baker Hughes Inc. said last week the number of rigs counted... more ››