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Montana oil spill cleanup to slow as river gets dangerous

2015-01-29 02:40:02| Energy - Topix.net

The struggle to recover 30,000 gallons of oil from a pipeline spill into Montana's Yellowstone River is expected to grind to a near-halt in coming days as warmer weather makes ice on the river increasingly dangerous, state regulators and a company spokesman said Wednesday. Because of brittle ice, crews trying to recover oil trapped beneath the Yellowstone could be pulled off the river as early as Thursday, said Bonnie Lovelace with the Montana Department of Environmental Quality.

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Montana oil spill cleanup to slow as river gets dangerous

2015-01-29 02:09:54| Oil & Gas - Topix.net

The struggle to recover 30,000 gallons of oil from a pipeline spill into Montana's Yellowstone River is expected to grind to a near-halt in coming days as warmer weather makes ice on the river increasingly dangerous, state regulators and a company spokesman said Wednesday. Because of brittle ice, crews trying to recover oil trapped beneath the Yellowstone could be pulled off the river as early as Thursday, said Bonnie Lovelace with the Montana Department of Environmental Quality .

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Slow Seed Sales Contribute to Dow Earnings Drop

2015-01-27 20:32:11| Chemicals - Topix.net

Agriculture companies continue to be negatively impacted by falling corn prices in the fourth quarter - David Begleiter, a New York-based analyst at Deutsche Bank AG DuPont Co., the chemicals company facing a proxy contest with activist shareholder Trian Fund Management LP, posted an unexpected drop in fourth-quarter sales and forecast 2015 earnings that trailed analysts' estimates. Revenue fell to $7.38 billion from $7.75 billion, Wilmington, Delaware-based DuPont said in a statement Tuesday, compared with the $7.79 billion average of 12 estimates compiled by Bloomberg.

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Drilling activity continues to slow down in Eagle Ford, Permian Basin

2015-01-24 22:06:12| Oil & Gas - Topix.net

Crude oil prices managed to stay above $45 per barrel this week but drilling activity continues to slow down in both the Eagle Ford Shale-producing region just south of San Antonio and the Permian Basin in West Texas. Data released early Friday afternoon from the Baker Hughes Rig Count shows slight decreases in activity in both Texas and the United States.

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Exxon Mobil: Slow But Steady, Value Erosion Is Underway

2015-01-21 12:10:08| Chemicals - Topix.net

Despite $100 oil and much higher capital spending, Exxon's oil production has continued to decline at a high rate. When measured on a free cash flow basis, after adjusting for production declines, financial returns over the past five years were poor and the outlook remains bleak.

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