Archives for April 2017
Gasoline prices keep rising
Houston area gas prices have climbed 20 cents over the past month as crude prices have risen and refiners switch to more expensive summer blends, according to GasBuddy.com, a website that tracks gas prices and...
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Oil spill reported in Alaska, volume unknown
ANCHORAGE, Alaska — A subsidiary of BP is reporting a crude oil spill on Alaska’s North Slope. BP Exploration Alaska Inc. told state regulators Friday that oil is spraying from a well onto a pad...
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Hilcorp plugs pipeline leak in Alaska
ANCHORAGE, Alaska — Divers have placed a clamp over a hole in an underwater Alaska pipeline, stopping the flow of millions of cubic feet of natural gas into Cook Inlet, home to endangered beluga whales. Hilcorp...
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Conoco’s oil sands, gas asset sales slash output back to 2002 levels
ConocoPhillips’ two recently announced multibillion-dollar asset sales in North America will reduce its oil and gas production to the lowest levels since 2002. The Houston oil company estimates its annual energy output will fall from...
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China looks away from OPEC for oil imports
China, the world’s largest oil importer, is getting more and more of its crude from outside its traditional suppliers in the Organization of Petroleum Exporting Countries. According to a new report from the U.S. Energy...
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