oil News

Oil Well Control Veteran, Krause, Joins J.H. Blades & Co.

Brian Krause has joined Houston-based J.H. Blades & Co. Inc., a division of Swett & Crawford. Krause is a veteran in the oil and gas well control and firefighting world. He began his well control career as a 19-year-old apprentice …

Arctic Ice Melt Lifts Hopes for Russian Maritime Trade

When severe snowstorms prevented life-sustaining fuel supplies from reaching the frozen Alaskan town of Nome, U.S. officials turned to a Russian company for help. The relief mission through perilous, ice-choked seas was the first mid-winter fuel delivery to western Alaska, …

Travelers Broadens Coverage and Raises Limits for Oil and Gas Risks

Travelers Oil & Gas has enhanced its EnergyPro Control of Well Care, Custody and Control coverage by increasing limits and broadening coverage. More contracts for specialized oil and gas field services, such as well-fracturing services, are incorporating special event or …

Cyclone Heidi Shuts Australian Iron Ore Ports, Oil Fields

A tropical cyclone bearing down on Western Australia forced the closure of some of the world’s largest iron ore ports and several offshore oil fields on Wednesday, the first major series of shutdowns in what is forecast to be a …

Fire at Shell Singapore Refinery Contained

A fire at Royal Dutch Shell’s petroleum complex offshore Singapore is still burning, but has been contained, although it was not clear what impact the blaze was having on operations. “We confirm that a fire in the Pulau Bukom Manufacturing …

Shell North Sea Pipeline Leak – ‘Substantial’

Royal Dutch Shell’s ruptured pipeline in the North Sea has already caused a “substantial” oil spill, with oil still leaking into the sea on Monday, the British government said on Monday. The Department of Energy and Climate Change (DECC) said: …

Arctic Nations Meet to Chart Future of World’s Final Frontier

Leaders of Arctic nations will gather in Greenland this week to chart future cooperation as global warming sets off a race for oil, mineral, fishing and shipping opportunities in the world’s fragile final frontier. U.S. Secretary of State Hillary Clinton …

Shipowner Calls for Suez Canal Boycott over Pirate Threat

A leading Norwegian shipowner called on tanker operators to boycott the Suez Canal which he said would force global powers to intervene in Somalia to crush piracy by forcing up oil and commodity prices. The call, which has yet to …

Pirates Hijack U.S.-bound Oil Tanker off Oman

Suspected Somali pirates captured a U.S.-bound tanker carrying around $200 million worth of crude oil in the Indian Ocean on Wednesday in one of the biggest hijackings in the area so far. The Irene SL, the length of three soccer …