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Conventional (Non-Renewable) Energy News

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Oil Platform Catches Fire In Gulf; Workers OK

Yahoo - Energy News

Thu, 02 Sep 2010 23:03:41 CDT

AP - An oil platform that burned off the Louisiana coast Thursday was the second such disaster in the Gulf of Mexico in less than five months. This time, the Coast Guard said there was no leak, and no one was killed.

Fire On A Gulf Of Mexico Production Platform

Geology.COM

Thu, 02 Sep 2010 22:49:52 CDT

An oil and gas production platform in the Gulf of Mexico was hit by a severe fire. All thirteen crew members abandoned the platform and were picked out of the water by a passing ship. There were no serious injuries.

Gulf Of Mexico Energy Facts

Geology.COM

Thu, 02 Sep 2010 22:38:03 CDT

"The Gulf of Mexico area, both onshore and offshore, is one of the most important regions for energy resources and infrastructure. Gulf of Mexico offshore oil production accounts for 30 percent of total U.S. crude oil production and offshore natural gas production in the Gulf accounts for 13 percent of total U.S. production.

Blaze In Gulf Shakes Oil Industry

Wall Street Journal

Thu, 02 Sep 2010 20:24:19 CDT

The fire that engulfed an oil and gas platform in the Gulf of Mexico heightened pressure on the energy industry, which is battling greater regulation and a deep-water drilling ban.

What Makes The 2 Gulf Oil Explosions Different?

Yahoo - Energy News

Thu, 02 Sep 2010 19:07:43 CDT

AP - Here are some differences between the Deepwater Horizon rig disaster April 20 and the oil production platform explosion Thursday in the Gulf of Mexico:

No Sign Of Oil After Gulf Platform Fire - Gov't

Yahoo - Energy News

Thu, 02 Sep 2010 18:46:27 CDT

Reuters - An oil and gas platform operated by Mariner Energy burst into flames in the Gulf of Mexico on Thursday, but the crew of 13 escaped and there were no signs of an oil spill, the U.S. Coast Guard said.

Why Is So Much Oil In The Gulf Of Mexico?

AP - Tidal Energy

Thu, 02 Sep 2010 18:20:46 CDT

An explosion on the Mariner Energy oil platform in the Gulf of Mexico is the latest in a series of drilling-related disasters in the Gulf.

Statoil Paves Way For IPO Of Filling Stations

Yahoo Sector - Major Integrated Oil and Gas

Thu, 02 Sep 2010 17:48:02 CDT

Statoil STO on Thursday signalled it was pushing ahead with the planned spin-off of its international chain of filling stations as the Norwegian energy group sought to sharpen its focus on oil and gas exploration.

Nabors Gets Commitments For $700M Credit Facility

Yahoo Sector - Oil and Gas Drilling

Thu, 02 Sep 2010 17:39:43 CDT

Oil and gas driller Nabors Industries Ltd. said Thursday that it received commitments from lenders for a $700 million revolving credit facility.

Kosmos Considers $5bn Listing In UK Or US

Yahoo Sector - Major Integrated Oil and Gas

Thu, 02 Sep 2010 17:29:00 CDT

The US private equity owners of Kosmos, the operator of Ghana's large Jubilee oil field, are considering a potential initial public offering of the Texas-based oil exploration company, which would value it at about $5bn.

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  • Coal

    Coal is a combustible black or brownish-black sedimentary rock composed mostly of carbon and hydrocarbons. It is the most abundant fossil fuel produced in the United States. Over 90 percent of the coal used in the United States is used to generate electricity. It's also used as a basic energy source in many industries, including, steel, cement and paper.
    last updated: Thu, 02 Sep 2010 09:26:13 CDT
  • Nuclear

    Nuclear power is a type of nuclear technology involving the controlled use of nuclear reactions, usually nuclear fission, to release energy for work including propulsion, heat, and the generation of electricity. Nuclear energy is produced by a controlled nuclear chain reaction and creates heat—which is used to boil water, produce steam, and drive a steam turbine. The turbine can be used for mechanical work and also to generate electricity.
    last updated: Thu, 02 Sep 2010 18:37:41 CDT
  • Oil & Natural Gas

    Crude oil and natural gas are naturally occurring substances present in rock amidst the earth's crust. The origin of oil and gas is organic material - the remains of plants and animals - compressed in sedimentary rock such as sandstone, limestone and shale. Sedimentary rock is a product of sediment deposits in ancient oceans and other bodies of water. As layers of sediment were deposited on the ocean floor, decaying remains of plants and animals were integrated into the forming rock. This organic material eventually transformed into oil and gas after being exposed to a specific temperature and pressure range deep within the earth's crust.
    last updated: Thu, 02 Sep 2010 22:49:52 CDT
  • Oil & Tar Sands

    Oil & Tar Sands are a colloquialism for what are technically described as bituminous sands, and commonly known as oil sands or (in Venezuela) extra heavy oil. The sands are naturally occurring mixtures of sand or clay, water and an extremely dense and viscous form of petroleum called bitumen. They are found in large amounts in many countries throughout the world, but are found in extremely large quantities in Canada and Venezuela.
    last updated: Thu, 02 Sep 2010 13:00:00 CDT
  • Oil Shale

    The United States has the largest known deposits of oil shale in the world, according to the Bureau of Land Management and holds an estimated 2,500 gigabarrels of potentially recoverable oil, enough to meet U.S. demand for oil at current rates for 110 years. However, oil shale does not actually contain oil, but a waxy oil precursor known as kerogen. For this reason and because there is not yet any significant commercial production of oil from oil shale in the United States as of 2008, its oil shale reserves do not meet the petroleum industry definition of proven oil reserves.
    last updated: Thu, 02 Sep 2010 16:37:23 CDT
 
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