Tag: oil

Residents push back on proposed oil and gas project near Aurora Reservoir

AURORA, Colo. (KDVR) — Aurora residents made it clear to the state on Thursday night that they do not want a proposed oil and gas project to move forward in the area. The Colorado Energy and Carbon Management Commission hosted a public hearing Thursday night regarding the Lowry Ranch Comprehensive Area Plan, which would bring […]

US oil giant quits North Sea as Hunt refuses to scrap tax

Hunt points to Labour’s tax policies as the key deterrent to investors. – Hollie Adams/REUTERS The US oil giant Chevron has announced it will quit the North Sea after 55 years, the day after Jeremy Hunt turned down industry pleas for support at a private meeting. Chevron said that it had decided to leave the region following […]

Chevron to sell North Sea oil interests after 55 years

Chevron is gearing up to sell its remaining oil and gas assets in the North Sea, marking the energy giant’s exit from the region after more than five decades. The American energy super major, which is the third-largest in the world by market value, confirmed on Thursday that it will market its assets in the […]

Barge collides into bridge off Texas coast, causing oil spill

A barge has collided into a bridge in Galveston, Texas, spilling oil and closing the lone road to a nearby island. Images from the incident, which occurred on Wednesday morning, show a damaged column from the bridge, partly collapsed onto the barge. The barge was carrying a base petroleum product, a type of petroleum oil, […]