Nov 3rd, 2009 - ABC News
The Federal Government says an inquiry into a massive oil leak off the north-west coast of Australia will be announced in the next few days now that the leaking well has been sealed.
The oil and gas leak in the Timor Sea was finally stopped yesterday, and the huge fire which started on the wellhead of the West Atlas rig on Sunday was extinguished.
The oil leak started spreading oil across large areas of the Timor Sea on August 21, and yesterday the company involved, PTTEP Australasia, finally had some good news to share.
Related stories:
Marathon Oil Profit Tops Estimates as Output Climbs
Nov 3rd, 2009 - Bloomberg
Nov. 3 (Bloomberg) -- Marathon Oil Corp., the fourth-largest U.S. energy company, said third-quarter profit fell lessthan estimated as increased production cushioned the impact ofdeclines in crude and natural-gas prices.
Denbury to buy oil developer Encore for $2.64B
Nov 1st, 2009 - Houston Chronicle
DALLAS — Oil and gas developer Denbury Resources Inc. said Sunday it will pay $2.64 billion in cash and stock to purchase Encore Acquisition Co., in a move to become...
Up and away — retail gas prices hit $2.70 a gallon, highest level in a year
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Retail gasoline prices chugged higher Friday to a new peak for the year, forcing consumers to dig deeper into already-thin wallets to pay for fuel. At the same time, natural...
No boom time for Big Oil, but production up again
Oct 29th, 2009 - Boston
NEW YORK—Oil companies have begun to pump more petroleum and bring in more profits as they recover from an otherwise miserable year. None of the world's biggest producers...Utah bidder asserts oil auction was illegal
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SALT LAKE CITY—Defense lawyers for a college student who disrupted the auction of oil and gas drilling leases on land around some of Utah's national parks outlined...
Related videos from YouTube:
1:04Worst offshore disaster ever that left 167 dead.
The oil platform piper alpha was destroyed by a gas leak in july 1988, and is still the worst offshore oilfield disaster to date. www.rig189.8m.com
3:16H2S Leak @ Oil Rig
H2S Leak at Oil Rig
1:51Oil spill from leaking oil rig off West Australian coast in whale migration route since August!
Raw video - Environmentalists have warned that an oil slick caused by an accident on a rig in the Timor Sea is threatening wildlife in Australian waters. Oil has been flowing from the West Atlas platform for over a month now. ...
2:23Leaking West Atlas oil rig in Timor Sea... part 3/3 ...inquiry on oil spill
THE Federal Government will conduct a full inquiry into an oil leak which has been spewing oil into the Timor Sea for 10 weeks when the spill is contained, Resources Minister Martin Ferguson said. A fire broke out on the deck ...
