Wednesday, April 7, 2010 as of 11:14 AM ET
The United States Geological Survey (USGS) is a scientific agency of the United States government. The scientists of the USGS study the landscape of the United States, its natural resources, and the natural hazards that threaten it.
Read More at Wikipedia ›Spanish oil firm Repsol YPF SA (REP.
MC) said Friday that an exploratory well in Cuban waters wasn't successful and will be capped.In February, Repsol initiated deep-water exploration drilling about 50 kilometers north of Havana as part of its global exploration operations. Repsol's drilling efforts represented the beginning of Cuba's push to develop its offshore oil resources, in part to wean itself off imports from Venezuela."The well was dry," said Repsol spokesman Kristian Rix. "Geologists are evaluating how we move forward."Repsol resumed exploration in the area after it failed to find exploitable oil in 2004. The U.S. Geological Survey has said there could be 5 billion barrels of untapped oil off the Cuban coast.Cuba's efforts to develop its offshore oil resources have presented a thorny problem for U.S. regulators. If an oil spill were to occur, a decades-long embargo against Cuba would prevent U.S. companies from responding without first getting special permission from the U.S. ...FBN’s Diane Macedo breaks down the stories moving the markets around the world.
An 8.6 magnitude earthquake struck off Indonesia on Wednesday, sending residents around the region scurrying from buildings and raising fears of a huge tsunami as in...
The Schork Report Editor Stephen Schork on the political obstacles to increasing U.S. oil production.
International oil majors and Polish state-controlled companies should ramp up their shale gas exploration efforts in Poland to continue gathering more data, Polish o...
FBN’s Diane Macedo breaks down the stories moving the markets.
The U.S. Geological Survey estimates shale formations on the North Slope of Alaska could contain up to two billion barrels of recoverable oil and 80 trillion cubic f...
Spanish oil firm Repsol YPF SA (REP) has begun offshore drilling in Cuban waters as part of its global exploration operations, a person familiar with the situation s...
Royal Dutch Shell PLC's (RDSA.LN) plans to drill for oil and gas in the Arctic region will be centered on Alaska and Greenland, though the Anglo-Dutch major is also ...
An Italian drilling rig scheduled to drill a deep-water well offshore Cuba has arrived to the shores of Havana, Cuban media said Thursday.The website cubadebate.cu s...
FBN's Adam Shapiro on earnings optimism boosting stocks on Wall Street, plus FBN's Charlie Gasparino reporting EU regulators made a preliminary decision to nix the NYSE- Deutsche Boerse deal
FBN’s Adam Shapiro on the 5.9 magnitude earthquake that hit near the Fukushima Nuclear Plant in Japan.
Floodwaters finally started to recede from areas of the U.S. northeast devastated by Hurricane Irene but many communities were still under water Wednesday as relief ...
Spanish oil firm Repsol YPF SA (REP.MC) said Friday that an exploratory well in Cuban waters was not successful and will be capped.In February, Repsol initiated deep...
If a man-made earthquake damages your home, would your home insurance cover your losses? The answer lies in the details of your policy.Standard homeowners and renter...
The U.S. is prioritizing China's development of shale gas in discussions relating to energy at an upcoming bilateral summit, as it views the unconventional fuel as v...
FBN’s Gerri Willis on Obama’s misleading facts and statements on U.S. oil.
A magnitude 6.2 earthquake, followed by a magnitude 6.9 earthquake, struck off the Gulf of California on Thursday, the U.S. Geological Survey said.There was no immed...
A magnitude 7 earthquake struck Michoacan, Mexico on the western coast of the country, about 209 miles from Acapulco, the U.S. Geological Survey said Wednesday. The ...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
