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Judge in drilling case held stock in oil company affected by moratorium

The federal judge who presided over a challenge to the Obama administration’s six-month moratorium on deepwater oil drilling simultaneously owned stock in an oil company affected by the ban, according to a financial disclosure statement released Friday.
Petroleum industry – Business – Energy – Oil and Gas – Service Companies
Judge in drilling case held stock [...]

100 Days Later: BP Taps New CEO, Seeks Fresh Start

One hundred days after the rig explosion that set off the worst offshore oil spill in U.S. history, the oil giant behind it is hoping to move beyond the losses, the gaffes and the live video that ran for weeks of the busted well coughing up massive amounts of crude every second.
100 Days Later: BP [...]

SEC Investigating Trading of BP Shares After Gulf Explosion

The SEC is closely looking at dates between April 20?when the oil explosion happened in the Gulf of Mexico?and late June?when the company was deeply engaged in trying to cap the oil well.
SEC Investigating Trading of BP Shares After Gulf Explosion

Investing in Big Oil

It’s been a big week for big oil stocks, with Chris Edmonds, FIG PArtners Energy Research Group and John Kilduff, again Capital.
Investing in Big Oil

US Readies Criminal Probe of Oil Spill: Report

Several U.S. government agencies are preparing a criminal probe of at least three companies involved in the massive oil spill in the Gulf of Mexico, though it could take more than a year before any charges are filed, the Washington Post reported on Wednesday.
US Readies Criminal Probe of Oil Spill: Report

Dudley a veteran of shareholder conflicts

When Bob Dudley ran TNK-BP, BP’s Russian oil venture, he regularly faced down some of the toughest operators in Russian business
Dudley a veteran of shareholder conflicts

Spill Makes Gulf Coast the Land of Opportunity for Some

“The money is nice,” said Randy Riggins, who lives in a BP trailer town and makes a living lifting oil-containing booms onto boats for a Louisiana-based firm.
Spill Makes Gulf Coast the Land of Opportunity for Some

15% of Gulf Oil Output Still Shut Due to Bonnie

More than 15 percent of Gulf of Mexico oil output and 6.5 percent of natural gas production remained shut Tuesday due to tropical depression Bonnie, the U.S. Bureau of Ocean Energy Management said Tuesday.
15% of Gulf Oil Output Still Shut Due to Bonnie

BP Is Expected to Replace Chief With American Robert Dudley

BP’s board is expected on Monday to name an American, Robert Dudley, as its chief executive, replacing Tony Hayward, whose repeated stumbles during the company?s three-month oil spill in the Gulf of Mexico alienated federal and state officials.
BP Is Expected to Replace Chief With American Robert Dudley

Oil rig worker tells of disabled alarms

A technician has told investigators that Transocean managers ordered the general alarm on the Deepwater Horizon platform to be disabled, a claim that follows criticism of safety inspections
Oil rig worker tells of disabled alarms