Carlsbad Sues New Mexico Company Over Brine Well
SANTA FE, N.M. (AP) — The state of New Mexico and city of Carlsbad are legally pursuing an oilfield services company they said is responsible for a giant cavern that has formed a few hundred feet...
View ArticleNumber Of Active US Rigs Up 34
HOUSTON (AP) — The number of rigs actively exploring for oil and natural gas in the U.S. rose by 34 this week to 1,282. Baker Hughes Inc., based in Houston, said Friday 833 rigs were exploring for...
View ArticleRussia’s Economy Back On Its Feet
MOSCOW (AP) — Russia’s oil-dependent economy is getting back on track after its biggest downturn in a decade as higher crude prices and new inflows of capital have shored up the country’s banks,...
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Pipeline to Power: BE’s Industrial/Service Company of the Year
Stephen Hightower, president and CEO of Hightowers Petroleum Co. Stephen Hightower has never accidentally been in the right place at the right time. He’s always made sure he was prepared for any...
View ArticleBlast at Illegal Nigerian Oil Refinery Kills More Than 100 People
Charred bodies were left scattered among burnt palms, cars and vans on Sunday after a weekend explosion which killed more than 100 people at an illegal oil refining depot on the border of Nigeria‘s...
View ArticleBlack Dallas Magnate Kneeland Youngblood Sues ConocoPhillips For $900 Million...
Dallas magnate Kneeland Youngblood is suing oil and gas conglomerate ConocoPhillips, claiming that the company is allegedly depriving his family of a $900 million tract of oil-rich land. Youngblood...
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