All Posts Tagged Tag: ‘Oil’

Sue Ann Hamm Plans to Appeal $1 Billion Settlement

Sue Ann Hamm, who was awarded roughly $1 billion in cash and assets in a divorce settlement this week, feels that she was entitled to more, and plans to appeal the ruling. Sue Ann is the ex-wife of Harold Hamm, an Oklahoma oil baron worth an estimated $13.5 billion. Sue Ann’s settlement comprises around six percent of Harold’s holdings, Attorney …

Read More

North Dakota Oil Fire Extinguished

A large fire that broke out at an oil supply and logistics company in Williston, North Dakota has been extinguished. The blaze, which ignited in an oil patch hub in the western part of the state, grew so hot that fireballs shot hundreds of feet into the air. The fire started at around midnight Monday, and Williston Fire Department shift …

Read More

Sonic Cannons Approved: A Good Thing Or A Bad Thing?

The Obama administration recently approved the use of sonic cannons that will be used to find oil deposits beneath the ocean floor. This could also allow for drilling off the Eastern Seaboard. While some people see this decision as a good one, there are many other people who are worried that the drilling and the cannons will harm sea life …

Read More

George W. Bush Won’t Bash Obama On Iraq

George W. Bush is taking the high road. The former president could comment on Barack Obama’s weak foreign policy and blame that for the strengthening of terror groups and the rise of ISIS (Islamic State of Iraq and Syria). He could say “I told you so” to those who say he imagined Saddam Hussein had stockpiles of weapons of mass …

Read More

Oil Cleansing And Pulling: 20 Minute Mouth Remedy

When a friend replied to me recently, saying he was busy “oil pulling” and would get back to me, I really didn’t want to know what that meant. He told me anyway. Essentially, the idea is that you slosh around a tablespoon of oil (sesame, coconut, or sunflower are some popular ones) through the teeth in your mouth (hence the …

Read More

Casselton Residents Allowed To Return Home

On December 30th, authorities ordered the evacuation of Casselton, ND residents after a massive train collision. A BNSF train carrying oil tankers crashed into another train and several of the oil tanks caught fire. Despite the lack of injuries or fatalities directly associated with the crash, a series of blasts and toxic smoke remained a cause for alarm. This was …

Read More

Mexico City Site Of Major Protest Over Energy Reform

The one year anniversary of President Enrique Pena Nieto’s inauguration saw tens of thousands of protesters take to the streets of Mexico City. The new administration recently moved to open up the Mexican oil industry to foreign interests. Mexican oil had been for a long time controlled by the citizens of Mexico. The change was seen by some as the …

Read More

Dmitry Medvedev Visits China, Strikes Oil Agreement

Russian Prime Minister Dmitry Medvedev has been on an official trip to China since tuesday, when he arrived in Beijing after an official invite from the Chinese Premier, Li Keqiang. On the table for Medvedev’s visit are such activites as visiting the Anhui province of China, an online chat with some Chinese “netizens” on the popular news website, Xinhuanet.com, and …

Read More

Talisman Energy Stocks Climb with Icahn Tweet

The Canadian global oil and gas production company, Talisman Energy, has seen its value slide over the past several years due to poor business planning. However, stocks of Talisman Energy grew over 10% Tuesday morning following this Tweet by Carl Icahn Monday afternoon: Through his 61 million share purchase, Icahn now owns 5.97% stake in Talisman Energy. Icahn is the …

Read More

African Billionaires Numbered at 55

In a recent study conducted by Ventures magazine, a Nigerian business magazine which champions capitalist developments in Africa, has identified at least 55 billionaires on the continent of Africa. While this number is a conservative estimate, according to founder Chi-Chi Okonjo, it is still a drastic increase 16, from the number formerly reported by Forbes. Chi-Chi Okonjo contributes the under-reporting …

Read More

Gas Prices Are Dropping at the Pump

Many motorists have noticed something different when filling up their cars lately–gas prices at the pump are slowly going down. According to GasBuddy, a website that monitors gas prices around the country, prices have dropped to as low as $3.08 per gallon in South Carolina. See where your state’s gas prices are here. According to an analyst for Gas Buddy, …

Read More

$1.5 Trillion In Oil Discovered In Gulf Of Mexico

Good news for the oil industry and big business! Nearly $1.5 trillion worth of crude oil was just discovered through drilling pipes in the Gulf of Mexico. Robert Ryan, a geologist working with Texaco Inc. had no way of predicting that he would be changing the future of energy that exists in the Gulf of Mexico when he set it …

Read More

Oil Mislabeled in Canadian Train Disaster

Earlier this year, a freight train carrying North Dakota crude oil derailed and exploded in Canada. Now it seems the oil was mislabeled as a less dangerous type of crude oil, according to Canadian Transportation Safety Board (TSB) officials. The disaster, which happened in Lac-Megantic, Quebec in July, killed 47 people. The deaths were a result of the train derailing, …

Read More

Petrobras Discovered as Target of NSA Spying

Globo, Brazil’s largest television network, has reported on its show “Fantastico” that according to the NSA documents leaked by Edward Snowden, the US has been spying on Brazil’s state-run oil firm, Petrobras. Glenn Greenwald, a US journalist who has intimate ties with Edward Snowden, assisted Globo with their report on the situation. According to the documents, Petrobras has not been …

Read More

Al-Qaeda Plot to Bomb Yemeni Industries Foiled

The country of Yemen has foiled a plot by al Qaeda in the Arabian Peninsula (also known as Ansar al-Sharia). The plot comes in the wake of warnings from al Qaeda that would impact travelling Americans, as well as the shutting down of many American embassies in Africa and the Middle East. Considered the most active and dangerous cell in …

Read More

Analysts are expecting gas prices to rise

If you are going to be traveling, especially this weekend, you can plan on seeing gas prices at the pump ranging anywhere from 10 to 20 cents more per gallon. With this being a peak time for travel in the U.S., the rise in gas prices could have an impact on what people are planning on doing when it comes …

Read More

Oil Prices Rise By $2, Egyptian Unrest Partially To Blame

Oil prices are volatile as always. The situation in Egypt isn’t making things easier as the violence in the country is causing the price to go up. Reuters reports that oil prices jumped by $2 on Friday – the biggest weekly gain in a year. One of the big reasons for the price increase has been the recent unrest in …

Read More

China, Iraq Oil Partnership Has Donald Trump Fuming

When the United States sent troops into Iraq ten years ago with the intent of toppling Saddam Hussein’s government, many questioned whether the Bush administration was really seeking to liberate Iraq’s oppressed people, or to liberate the country’s vast oil reserves. In the decade since the invasion, Iraq has seen a massive oil boom, becoming one of the world’s top …

Read More

NASA Develops a 3-D Imaging Radar For Oil Spills

NASA Jet Propulsion Laboratory (JPL) researchers have developed a method of using a specialized 3-D imaging radar to “characterize” the oil in oil spills. This represents the first time it has been demonstrated that such a radar system can be used to distinguish thin films, such as oil sheen, from from thick oil emulsions. The technique was developed in part …

Read More

Anonymous Targets Oil Companies in #OpSaveTheArctic

Anonymous has been really busy the past few weeks with operations ranging from stopping Internet laws in Japan to exposing Internet pedophiles in #OpPedoChat. Their latest operation has them going against large corporations with a massive dump of email addresses with the correlating hashed passwords. The operation this time is #OpSaveTheArctic, an operation carried out in support of Greenpeace’s Save …

Read More