Posts Tagged ‘isaac’

BP surges on profit rise

by on October 30, 2012 8:01 am GMT
The UK supermajor, which has just agreed a huge sale of its Russian joint venture stake to Rosneft, managed to weather the storm of Hurricane Isaac which somewhat negated positives in the upstream sector.Net profit for the three months to the end of September was $5.5 billion as against

Chevron expects earnings to fall

by on October 10, 2012 2:52 am GMT
Output from the company’s US operations dropped from an average of 659,000 barrels of oil equivalent per day in the second quarter to an average of about 640,000 boepd in the first two months of the third quarter.The 19,000 boepd drop was mainly attributed to the effect of Hurricane Isaac which hit

Isaac turns up Macondo oil

by on September 6, 2012 9:21 pm GMT
Lab tests confirmed that some of the oil found on two Louisiana beaches matched the crude that spewed for several weeks from BP's Macondo well in the Gulf of Mexico after the semi-submersible Deepwater Horizon exploded and sank in April 2010, killing 11 men.Louisiana state wildlife officials tested oil that

Anadarko restarted production at Independence Hub in Gulf

by on September 5, 2012 4:20 am GMT
Anadarko restarted production at independence Hub in GulfHOUSTON--Anadarko said that it has restarted production at its Independence Hub platform in the Gulf of Mexico following Hurricane Isaac. The company said it is ramping up volumes there and at its constitution, Marco Polo and Gunnison platforms.Anadarko said it will