Fire extinguished at oilfield service business – The Daily Advertiser

Fire extinguished at oilfield service business
The Daily Advertiser
HOUMA, La. (AP) — Firefighters have extinguished a blaze at Schlumberger, an oilfield service facility in Terrebonne Parish. State police say the fire was reported about 2 p.m. Thursday. Two buildings were on fire, one of which contains explosives.
Explosives not compromised in local fire, officials sayHouma Courier

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Mullen Group Signs Memorandum of Understanding for New Oilfield Services … – NASDAQ

Mullen Group Signs Memorandum of Understanding for New Oilfield Services
NASDAQ
TO) has entered into a memorandum of understanding with two northern business partners to provide oilfield services, transportation and logistics services in the Sahtu Settlement Area in the Northwest Territories. The other two parties, HCI Holdings
Mullen Group partners to develop oil and gas fields in Northwest TerritoriesCanadian Transportation & Logistics
Mullen Group Ltd. signs memorandum of understanding with northern business Stockhouse

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Chevron Receives Notice to Halt Brazil Operations – Wall Street Journal


AFP
Chevron Receives Notice to Halt Brazil Operations
Wall Street Journal
The ban on Chevron and Transocean is the latest move in a series of court cases related to a drilling accident at the Chevron-operated Frade offshore oil field last November, when an estimated 3,7000 barrels of crude oil seeped from cracks in the seabed.
UPDATE 1-Chevron pays $17.3 million Brazil fine for Nov. spillReuters
Chevron pays $17.5 mn fine for Brazil spillFRANCE 24
For Brazil Oil Spill, Chevron Gets A DiscountForbes

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Oil prices shoot higher on US unemployment claims, Spain budget, hope for … – Washington Post


Arab News
Oil prices shoot higher on US unemployment claims, Spain budget, hope for
Washington Post
NEW YORK — The price of oil gained almost $2 per barrel Thursday after three straight days of declines. A positive report on the U.S. job market, signs that Spain can meet its deficit-cutting targets and hope the central bank of China will act soon to
Oil prices rise after 3 days of declinesBoston.com
Lower oil prices seen for rest of 2012, 2013Arab News
Oil price falls while gas prices are rising [Milwaukee Journal Sentinel]Equities.com

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Gasoline prices remain ‘stubbornly high’ – Houston Chronicle (blog)


Houston Chronicle (blog)
Gasoline prices remain 'stubbornly high'
Houston Chronicle (blog)
Crude oil prices are down by about $10 a barrel since early September, Kloza noted. “People are flummoxed,” he said. “They see (oil) prices down, and gas prices, they're moving down at less than the normal pace.” Still, he said, gasoline prices are
Relief at the Pump: Gas Prices Falling from Summer PeakPatch.com
Fuel prices finally declineFleet Owner

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Gold hovers near one-week high; Spain, oil support – Reuters


Proactive Investors USA & Canada
Gold hovers near one-week high; Spain, oil support
Reuters
SINGAPORE (Reuters) – Gold firmed slightly on Friday, holding near a one-week peak hit in the previous session as Spain's economic reform plan eased worries about euro zone's finances, while the strength in oil prices also lent support. Spot gold is
Gold price near 1-week high on oil supportIndian Express
Gold futures jump to seven-month high, oil rises on China moveProactive Investors USA & Canada

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Oil prices drops, but gas prices liable to hold – Tulsa World


South African Broadcasting Corporation
Oil prices drops, but gas prices liable to hold
Tulsa World
Tom Kloza, chief oil analyst for the New Jersey-based Oil Price Information Service, cautioned that Tulsans should not anticipate a "sustained" downturn in gasoline prices. "I think the trend for the next 100 days is lower, but be careful – gasoline
Gas prices unlikely to fall as fast as oilHuffington Post
Oil price falls while gas prices are risingMilwaukee Journal Sentinel

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Targeting Our Efforts to Reduce National Oil Addiction – Natural Resources Defense Council (blog)


Natural Resources Defense Council (blog)
Targeting Our Efforts to Reduce National Oil Addiction
Natural Resources Defense Council (blog)
And swinging oil prices exacerbate the pain we feel at the pump. It seems every year there's oil price volatility. When people drive to work and oil prices unexpectedly shoot up, they can then feel trapped between the need to commute and run errands in

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Report: Enforcement of Texas Oil and Gas Laws Is Kind of a Joke – Dallas Observer (blog)


FuelFix (blog)
Report: Enforcement of Texas Oil and Gas Laws Is Kind of a Joke
Dallas Observer (blog)
Anybody who is at all familiar with the Texas Railroad Commission won't be surprised to learn that the almighty oil and gas regulator isn't exactly aggressive in its enforcement of the rules. The highly political commission's contradictory charges are
States fail to oversee fracking, environmental group saysFuelFix (blog)
Not all oil and gas wells inspected in TexasKFDA
Watchdog group faults states' inspections of oil, gas wellsLos Angeles Times
KOSA –Fort Worth Star Telegram
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Why Oil Prices Are Likely to Decline Further – CNBC.com (blog)


CNBC.com (blog)
Why Oil Prices Are Likely to Decline Further
CNBC.com (blog)
West Texas Intermediate crude futures lost more than 1.5 percent Wednesday to $89.98 per barrel, after U.S. government inventory data showed a drop of 8.7 percent in demand for distillates, which include diesel fuel and heating oil. U.S. crude oil
Oil Rebounds From Eight-Week Low as Declines Seen ExaggeratedBusinessweek
Crude Oil ETF Investing 101 – ETF News And CommentaryNASDAQ
Crude Oil Prices are Headed HigherThe Market Oracle
San Francisco Chronicle
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Cutting-Edge Technologies Will ‘Green’ Fracking: Keith Schaefer – Seeking Alpha


Globe and Mail
Cutting-Edge Technologies Will 'Green' Fracking: Keith Schaefer
Seeking Alpha
Fracking in the U.S. is here to stay, affirms Keith Schaefer, editor of the Oil & Gas Investments Bulletin. North American business is dependent on cheap energy, and even energy utilities are switching from coal to natural gas. Although environmental
Renewables Must Learn From Natural GasEnergy Collective
DNV leads on global standard for shale gas risk managementYour Oil and Gas News (press release)

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US Pumps Most Oil Since 1997 as Energy Independence Grows – Businessweek


Money Morning
US Pumps Most Oil Since 1997 as Energy Independence Grows
Businessweek
U.S. oil production surged last week to the highest level since January 1997, reducing the country's dependence on imported fuels as new technology unlocks crude trapped in shale formations. Crude output rose by 3.7 percent to 6.509 million barrels a
The Consensus in Europe is Simple, Oil Prices are Headed HigherMoney Morning

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ZERO Has Strong Technology And An Achieveable Business Plan – Seeking Alpha

ZERO Has Strong Technology And An Achieveable Business Plan
Seeking Alpha
STWA's advancement in this field is the AOT, Applied Oil Technology. I have personally worked with the co-inventor of AOT technology in the laboratory at Temple University. He is the current Chairman of the Physics Department at Temple University.
STWA Announces Results of Shareholder Meeting & Updates on Further U.S. Politics Today

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3 Great Ways to Play Technology in Energy – DailyFinance

3 Great Ways to Play Technology in Energy
DailyFinance
Technology has long been assumed to play a key role in oil and gas exploration and production. But in the 1980s, for instance, the industry's technological progress, while steady, often appeared to occur at nearly a glacial pace. More recently, however
5 Oil Services Companies–Who Serves Shareholders Best?The motley Fool (blog)

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