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Tag: oil drops
Brent crude drops as Iranian oil supplies loom
2016-01-14 01:00:00| Offshore Technology
Brent crude has fallen to another 12-year low due to Iranian oil supplies looming on the market.
Tags: supplies
oil
drops
crude
Oil price drops to lowest since 2009, sinking energy stocks
2015-12-07 23:53:16| Energy - Topix.net
A sharp drop in the price of oil on Monday rattled investors and helped push stocks lower across several industries. Investors sold from the start of trading following a decision by OPEC last week not to cut production.
Louisiana parish drops lawsuits against oil, gas companies over alleged environmental damage
2015-11-13 02:20:17| Oil & Gas - Topix.net
A coastal Louisiana parish on Thursday voted to drop its lawsuits against oil and gas companies over damages officials had said the oil industry caused to wetlands by digging numerous canals. The Plaquemines Parish council voted to dismiss 21 suits it had pending against 68 oil companies, officials and a lawyer said.
Tags: companies
gas
oil
environmental
Louisiana parish drops suits against oil and gas companies
2015-11-13 02:20:16| Oil & Gas - Topix.net
A coastal Louisiana parish has dropped its lawsuits against oil and gas companies over damages parish officials have said the oil industry caused to wetlands by digging numerous canals. The council's move was a blow to environmentalists and others who've argued for years that the oil and gas industry should be forced to pay for damage to wetlands.
Tags: companies
gas
oil
louisiana
Eagle Ford drilling activity shrinks as oil price drops to $52 a barrel
2015-07-13 03:14:57| Oil & Gas - Topix.net
New drilling activity took a slide in the Eagle Ford shale amid $52 per barrel oil prices, according to figures released on July 10. West Texas Intermediate crude oil prices had been trading around $60 per barrel in recent weeks, but it since sank to around $52 in recent days over uncertainty about Greece and Iran flooding the market with cheap oil. Figures from the Baker Hughes rig count released on July 10 showed that new drilling fell from 106 active rigs to 102 operating in the Eagle Ford shale region just south of San Antonio.
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