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Oct 17, 2014

Texas hospital aims to restore image after Ebola infections

DALLAS (Reuters) – The Texas hospital accused of mishandling care for the first Ebola patient diagnosed in the United States is hitting back at critics with an aggressive public relations campaign aimed at rehabilitating its battered image.

Texas Health Presbyterian Hospital, where a Liberian man was treated for Ebola and later died and where two nurses have been infected with the virus, has weathered intense criticism from the public, healthcare workers and politicians over what have been characterized as lax safety protocols.

Oct 16, 2014

Dallas health workers monitored for Ebola to stay out of public

DALLAS (Reuters) – Some 75 healthcare workers being monitored for Ebola after treating an infected patient in Dallas will stay out of public places and avoid public transportation, officials said on Thursday.

The voluntary agreement with the workers from Texas Health Presbyterian Hospital comes after one of their co-workers raised concerns about spreading the disease by taking a round-trip flight from Texas to Ohio before testing positive for Ebola.

Oct 2, 2014

Exxon sees some disruption from Ebola outbreak: CEO

HOUSTON (Reuters) – Exxon Mobil Corp has seen some of its oil and gas activities in West Africa disrupted by the Ebola outbreak, including plans to drill offshore Liberia, the company’s chief executive officer said on Thursday.

Exxon, the world’s largest publicly traded oil company which has operations in Nigeria and Liberia, is prohibiting some employees from traveling to the countries directly affected by the disease, and is taking precautionary measures related to workers’ families, executive said.

Sep 8, 2014

Doubts return at SandRidge a year after CEO ousted by investors

HOUSTON (Reuters) – In June 2013, activist investors got the board of SandRidge Energy Inc (SD.N: Quote, Profile, Research, Stock Buzz) to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value.

The oil and gas producer’s shares rose as much as 50 percent in the year following Ward’s ousting on optimism about the impact of cost cutting, asset sales and higher initial production rates from some of its wells. But in the past 10 weeks a lot has gone wrong – and the stock has lost virtually all of those gains.

Sep 6, 2014

Iraq refiles case in U.S. court over disputed Kurdish crude

HOUSTON (Reuters) – Iraq has refiled in U.S. court to gain control of $100 million of Kurdish crude oil on a tanker near Texas, days after the court ruled it lacked jurisdiction to seize the cargo but said it could hear arguments over who is the oil’s rightful owner.

Iraq, in court documents seen on Friday, widened its case to include potential buyers of the cargo and said the Kurdistan Regional Government has not stated if it currently owns it.

Sep 4, 2014

BP ‘grossly negligent’ in 2010 U.S. spill, fines could be $18 billion

HOUSTON/NEW YORK (Reuters) – A U.S. judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in charges the company took for the worst offshore environmental disaster in U.S. history.

BP said it would appeal Thursday’s ruling by U.S. District Judge Carl Barbier in New Orleans, Louisiana, who held a trial without a jury last year to determine who was responsible for the April 20, 2010 rig explosion and spill that killed 11 workers and spewed oil for nearly three months onto the shorelines of several states.

Aug 26, 2014

U.S. court scraps order to seize Kurdish crude from tanker near Texas

HOUSTON, Aug 25 (Reuters) – A U.S. court on Monday threw out
an order to seize some 1 million barrels of disputed Iraqi
Kurdish crude oil from a tanker near Texas, a move that could
allow the cargo to be delivered and end a nearly month-long
impasse.

The United Kalavrvta tanker, carrying about $100 million
worth of Kurdish crude, has been anchored in the Gulf of Mexico
for weeks, as the Iraqi region of Kurdistan wages a legal battle
over ownership with the central government of Iraq.

Aug 20, 2014

Refracking brings ‘vintage’ oil and gas wells to life

HOUSTON/WILLISTON, NORTH DAKOTA Aug 20 (Reuters) – A
fracking boom isn’t enough for U.S. oil and gas producers -
they’re now starting the re-fracking boom.

Wells sunk as little as three years ago are being fracked
again, the latest innovation in the technology-driven shale oil
revolution. Hydraulic fracturing, which has upended global
energy markets by lifting U.S. crude oil output to a 25-year
high, has been troubled by quick declines in oil and gas output.

Aug 11, 2014

Kinder CEO sees acquisition opportunities; units soar

HOUSTON (Reuters) – Kinder Morgan Inc (KMI.N: Quote, Profile, Research, Stock Buzz) as a combined company would be able to make sizable acquisitions in the natural gas and crude oil pipeline and processing sector, Chief Executive Officer Rich Kinder told investors on a conference call on Monday.

“We have such a broad platform, virtually anything in the midstream area would fit us,” Kinder said.

Aug 6, 2014

Chesapeake profit falls; output seen rising slightly

Aug 6 (Reuters) – Chesapeake Energy Corp on
Wednesday reported a lower-than-expected quarterly profit on
higher costs, but the second-largest U.S. producer of natural
gas said it expected increased year-end output as more wells
are connected to pipelines.

Chesapeake has several hundred wells in the Marcellus and
Utica fields in the U.S. Northeast and Midwest. The wells have
been drilled but are waiting for pipelines and other
infrastructure to be built so gas and oil can be transported to
market.

    • About Anna

      "I currently cover large U.S. oil and gas companies including Exxon Mobil and ConocoPhillips as part of the equities desk's Raw Materials Team. I am based in Houston, Texas."
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