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Seafood company, lawyers must return $1 million in spill money

oil, spill, Seafood company

NEW ORLEANS (AP) — A federal judge has ordered the return of more than $1 million in settlement money granted to a seafood company after the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl Barbier (BAHR’-bee-aye) ruled Tuesday that Crystal Seafood Company defrauded administrators of a BP settlement fund by claiming to be an ongoing Port-Arthur, Texas-based business ...

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Feds: Company hasn’t done enough to end slow-motion oil leak

BATON ROUGE, La. (AP) — The Justice Department is urging a federal court to let industry regulators decide if a New Orleans company has done enough to end a decade-old oil leak in the Gulf of Mexico that could last another century. Taylor Energy Company sued the federal government in January to recover more than $400 million that it set ...

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Global stock markets rally on US recovery hopes

global stock market

SEOUL, South Korea (AP) — Global stock markets rallied Wednesday as solid U.S. data raised expectations for a strong recovery in the world’s largest economy. European stocks were buoyed also by a deal to get Greece more rescue loans. KEEPING SCORE: Britain’s FTSE 100 rose 0.6 percent to 6,255 while France’s CAC gained 0.9 percent to 4,472. Germany’s DAX advanced ...

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Energy expert says oil prices won’t top $100 a barrel

oil prices

Following a stunning decline, oil prices have clawed back near the $50 level this year. Production boomed in the U.S. but is now slumping. Globally, OPEC is in disarray and major producers can’t agree on steps to boost prices. Daniel Yergin is the vice chairman of research firm IHS Inc. He has written two books on energy, including the Pulitzer-winning ...

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Feds: Failures led to prolonged California oil spill

oil spill, California

LOS ANGELES (AP) — A pipeline company responsible for spilling more than 120,000 gallons of oil on the California coast failed to prevent corrosion in its pipes, detect the rupture or respond swiftly as crude streamed toward the ocean, federal regulators said Thursday. Plains All American Pipeline operators working remotely in Texas had turned off an alarm that would have ...

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Texas lawmakers champion local control, to a point

DALLAS (AP) — Texas leaders have sued the federal government dozens of times, costing millions of dollars, for what they contend are policies that infringe on local control and states’ rights. But when cities across Texas have attempted to pass laws on issues from fracking bans to regulating ride-hailing companies, state lawmakers time and again have moved to quash those ...

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Workers evacuated from Alberta oil camps due to wildfire

oil camps, wildfire, Alberta, Canada

FORT MCMURRAY, Alberta (AP) — Some 8,000 workers at oil camps north of the fire-ravaged Canadian city of Fort McMurray were ordered to evacuate late Monday as authorities continued the battle to bring wildfires under control. The mandatory evacuation zone was extended to 50 kilometers (30 miles) north of the city, whose 80,000 residents have been out of their homes ...

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Scientists head out to study Shell oil spill in the Gulf

Gulf of Mexico, oil spill, Shell

NEW ORLEANS (AP) — Scientists are heading out to study the latest oil spill in the Gulf of Mexico, a release of about 88,200 gallons from a Shell oil field about 90 miles off the coast of Louisiana. Last Thursday a leak from a pipeline at the Shell oil production field was spotted and clean-up vessels began to skim oil ...

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US rig count drops 5 this week to 415

rig count, oil natural gas

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. dropped by five this week to 415, another all-time low amid depressed energy prices. A year ago, 894 rigs were active. Houston oilfield services company Baker Hughes Inc. said Friday that 338 rigs sought oil and 86 explored for natural gas. One was listed ...

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