HOUSTON, July 28- AET Offshore Services, a company in Texas hired to unload a tanker full of crude oil from Iraqi Kurdistan, said in a court filing on Monday the Republic of Iraq has laid claim to the cargo. AET, before starting to unload the ship, asked a federal district court in Texas to determine whether Iraq's claim was valid.» Read More
HOUSTON, July 27- A tanker carrying crude oil from Iraqi Kurdistan was cleared by the U.S. Coast Guard to unload its cargo at sea off Texas on Sunday as a State Department official signaled Washington would not intervene to block delivery of the controversial crude.
HOUSTON, July 26- A tanker carrying crude oil from Iraqi Kurdistan is hours away from the Port of Galveston in Texas, according to Reuters ship tracking data and the U.S. Coast Guard, its arrival imminent despite Washington's concerns about independent oil sales from the autonomous region.
Of the major oil- and gas-producing states, North Dakota and Louisiana gained six each, Ohio and Oklahoma were up two apiece and Colorado one. Texas lost 10 rigs, Alaska was off four, California and New Mexico were down two each and Kansas and Pennsylvania each dropped one. Arkansas, Utah, West Virginia and Wyoming were unchanged.
WASHINGTON, July 23- The U.S. ethanol industry pushed back on Wednesday against what they called a "one size fits all" approach to proposed federal rules for shipping fuel by rail, saying regulators must distinguish between the often corn-based biofuel and crude oil.
*U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23- Crude oil futures rose on Wednesday, as oil stockpiles in the United States fell more than expected and geopolitical tensions in Eastern Europe and the Middle East persisted.
*U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23 (Reuters)- Oil futures rose on Wednesday, with U.S. crude outpacing Brent, after oil stockpiles in the United States fell more than expected. Brent crude for September delivery was up 9 cents at $107.42 a barrel at 12:59 p.m. EDT ( 1659 GMT), after slipping 35 cents in the previous session.
MEXICO CITY, July 23- Mexican state oil giant Pemex said on Wednesday that work at most of its Ciudad Madero refinery in northern Mexico had been halted while it tried to contain an ongoing blaze in a storage tank.
JUNEAU, Alaska— The trans- Alaska pipeline has moved its 17 billionth barrel of oil. The operator of the 37- year-old pipeline, Alyeska Pipeline Service Co., announced the milestone Monday. The pipeline runs from the prodigious North Slope to Valdez, from where tankers are shipped.
July 21- Halliburton Co, North America's top oilfield services provider, said it would add fracking equipment and crew to take advantage of higher demand in the region, signaling an industry-wide recovery after a two-year slump.
But away from the bad-tempered litigation in U.S. courts, which has dominated the news about Argentina for months, the country is experiencing an oil drilling boom as international companies seek to cash on its huge shale resources.
July 21- Halliburton Co, the world's No.2 oilfield services provider, said it expect higher margins in North America in the current quarter due to strong drilling activity, signaling an industry-wide recovery in the region after a two-year slump.
HOUSTON— Halliburton Co. said Monday that its second-quarter earnings rose 20 percent, and it raised its share buyback authorization to $6 billion. The Houston- based company, which provides drilling services to oil and gas operators, earned $774 million, or 91 cents per share, for the period ended June 30.
July 21- Halliburton Co, the world's No. 2 oilfield services provider, reported a 20 percent rise in quarterly profit as drilling activity increased in the United States and the Gulf of Mexico. The company also increased its share repurchase program to $6 billion from $5 billion.
SOUTH PORTLAND, Maine— The South Portland City Council has voted to ban the transfer of crude oil onto ocean tankers, effectively ending any attempt to bring oil from western Canada through a pipeline into the city. The City Council voted 6-1 Monday night in favor of the ordinance that was hailed by environmentalists.
WILLISTON, N.D.— Three massive fires since the beginning of June have highlighted the threat lightning poses in the North Dakota oil patch, and in each case it was tanks that store the toxic saltwater associated with drilling— not the oil wells or drilling rigs— that were to blame.
July 18- General Electric Co reported a 13- percent jump in quarterly net income Friday on improved sales of its jet engines and oil and gas equipment, and said it was targeting the initial public offering of its private-label credit-card business for the end of the month.
July 18- General Electric Co posted a 13 percent rise in quarterly net income on Friday, helped by increases in sales of its jet engines and oil and gas equipment. Second-quarter net income rose to $3.55 billion, or 35 cents per share, from $3.13 billion, or 30 cents per share, a year earlier.
July 17- Schlumberger Ltd's, the world's largest oilfield services company, reported better-than-expected second quarter revenue as drilling activity picked up in North America. Schlumberger and Baker Hughes provide several services, including seismic surveys that determine where oil lies under the earth's surface and hydraulic fracturing of wells.
July 17- Schlumberger Ltd, the world's largest oilfield services company, reported a nearly 24 percent fall in quarterly profit. Net income fell to about $1.60 billion, or $1.21 per share, in the second quarter ended June 30, from $2.10 billion, or $1.57 per share, a year earlier. Revenue rose 8 percent to $12.05 billion.
By Swetha Gopinath and Ashutosh Pandey. July 17- Baker Hughes Inc, the world's third-largest oilfield services company, said it expects strong growth in North America as oil and gas producers turn to its new technologies to reduce drilling time and cut costs.