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PennEnergy Video News Update From the effects of Hurricane Sandy, to the suspicious murder of an Exxon exec, to the upcoming Deepwater Horizon trial, all of the week's biggest headlines are in the PennEnergy Video News Update. Full Article Share: |
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Sandy strikes: Crude oil price falls as demand drops The superstorm Hurricane Sandy hit the east coast of the U.S. Monday, causing excessive destruction and several deaths. Markets are seeing the effect, as the price of crude oil falls due to diminished demand. Full Article Share: |
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• Diesel spills into New Jersey creek after damaged tanks rupture
• Sandy closing East Coast oil refineries
• Deadly shooting of Exxon exec compared to assassination
• Japan asks for exemption from Iran oil sanctions
• BP oil rig spill trial now set to begin in February
• Shale gas boom helps Exxon Mobil raw material gains
• Oil and gas exploration improving US economy, job market
• Glitne offshore oil field to close after 12 years of production
• BG Group agrees to sell QCLNG stake and new LNG supply to CNOOC
• Tullow hits oil at Twiga South-1 onshore well
• Future gas field, pipeline planned for Russia
• TransCanada and Phoenix Energy form joint venture for Grand Rapids Pipeline System
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