"Gulf Oil Blocks May Be at High Risk during 2009 Active Hurricane Season"
According to the Houston-based Weather Research Center's forecasts, the 2009 Hurricane Season will have at least 7 named storms with 4 of these tropical storms intensifying into hurricanes....Complete Story
"NOPSA Investigates Fatal Accident Aboard Karratha Spirit Facility"
NOPSA is currently investigating a fatal accident which occurred on the Karratha Spirit facility offshore Australia during disconnection of the facility from its mooring buoy in response to adverse weather arising from Tropical Cyclone Billy....Complete Story
"Crude Oil, Gasoline Inventories Higher"
Crude oil stockpiles were unexpectedly higher in the recent week, according to Energy Information Administration data released on Wednesday morning. Gasoline inventories also rose, but less than expected....Complete Story
"Oil Falls In Quiet Trading To Cap Turbulent Year"
Oil traded below $40 per barrel on the last day of 2008, quietly wrapping up what has been the most turbulent year ever in crude markets. In just five months....Complete Story
