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An oil and gas platform exploded and caught fire off the coast of Louisiana on Friday, injuring 11, leaving two missing and resulting in a two-by-a-quarter mile oil sheen around the site, the U.S. Coast Guard said.Coast Guard spokesman Jonathan Lally said it is possible the two missing people went overboard, and several commercial vessels are participating in the search. Mr. Lally said there are "no confirmed fatalities," and the fire on the platform was extinguished.The platform is located in shallow water 25 miles off Grand Isle, La. in the offshore West Delta 32 block in the U.S. Gulf of Mexico. It is owned by Black Elk Energy, an independent Houston-based oil and gas company. The company didn't reply to requests for comment.Mr. Lally said four people injured in the explosion were flown to the West Jefferson Parish Medical Center in Marrero, La. Taslin Alfonzo, a medical center spokeswoman, said the four patients were in critical condition; two are being moved to the Baton Rouge Gen...
British stocks climbed out of negative territory on Thursday, as miners rallied along with firmer metals prices, while shares in Royal Dutch Shell PLC dropped follow...
Shares of Royal Dutch Shell (NYSE:RDS.A) ticked lower on Thursday after the company said it spotted an "oil sheen" in the Gulf of Mexico.The Netherlands-based oil an...
Energy stocks on Thursday bounced back from losses in the previous session, with oil service firm Rowan Cos. up 5.5%. The company's board of directors OK'd a plan to...
A federal prosecutor in Brazil will file criminal charges Wednesday against executives from U.S. oil major Chevron Corp. (CVX) and drilling-rig operator Transocean L...
BP (NYSE:BP) is investigating the potential source of a sheen found by the U.S. Coast Guard in the Gulf of Mexico last week, but the British oil giant told The Wall ...
Royal Dutch Shell's ruptured pipeline in the North Sea has already caused a "substantial" oil spill, with oil still leaking into the sea on Monday, the British gover...
(Reuters) - Energy production and distribution is a dangerousbusiness, in spite of strict safety regulations in most countries in North andSouth America for oil and ...
* Mariner fire an "industrial accident"-Salazar (Recasts, adds government inspectors don't find leaking oil)By Bruce NicholsHOUSTON, Sept 3 (Reuters) - U.S. governme...
WASHINGTON (Reuters) - The U.S. Coast Guard saidThursday it had found no evidence of an oil sheen after theMariner Energy <ME.N> oil platform fire in the Gulf of Mex...
There's No Business Like FOX BusinessWall Street displayed virtually no jobs jitters on Thursday as the bulls used a string of decent economic indicators and improve...
FBN's Robert Gray on why the markets ended the day higher.
FBN's Robert Gray breaks down Thursday's biggest mergers and acquisitions.
said Thursday that it capped and plugged a containment dome left on the sea floor during the Deepwater Horizon disaster, thought to be the source of an oil sheen fir...
A natural seafloor seep is likely to be the source of an oil sheen reported earlier this week in the Gulf of Mexico, federal regulators said Friday, adding that the ...
British stocks reversed early losses to end with strong gains Thursday, finding support as miners rallied along with firmer metals prices and Wall Street moved solid...
Royal Dutch Shell PLC (RDSA, RDSA.LN) said that an oil sheen floating in the central U.S. Gulf of Mexico didn't stem from two nearby oil and gas platforms owned by t...
Royal Dutch Shell PLC (RDSA, RDSA.LN) said that an oil sheen floating in the central U.S. Gulf of Mexico didn't stem from two nearby oil and gas platforms owned by t...
Shares of Royal Dutch Shell PLC pared steep losses in afternoon trade on Thursday, after the firm said an oil sheen in the Gulf of Mexico didn't originate from the o...
Royal Dutch Shell (RDSA.LN), the oil company, said Thursday that following reports of an oil sheen in the vicinity of the Mars and Ursa production area in the Gulf o...
