BP to seek restart of part of Prudhoe Bay pipeline
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BP Plc BP.L this week will conduct   safety tests and seek permission to restart part of the eastern   Prudhoe Bay oil field pipeline in Alaska that was shut due to   corrosion, the company told Congress on Tuesday.
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WASHINGTON -- Oil prices finished slightly above $70 a barrel yesterday as traders eyed the nuclear dispute between Iran and the West and after BP PLC officials said the company's Prudhoe Bay output could be restored earlier than expected.
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Oil giant BP is being questioned over its role in the alleged manipulation of global crude oil and petrol markets in 2003 and 2004.
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The head of the House Energy and  Commerce Committee chided BP Plc. executives on Thursday for  overlooking corrosion that threatened to shut down the giant  Prudhoe Bay oil field in Alaska, calling the UK-based energy  giant's policies "as rusty as its pipelines."
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Oil giant BP sees production levels fall in the third quarter of 2006 after problems at its Prudhoe Bay site in Alaska.
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CALGARY, Alberta - It could could be days before Canada&#39;s second-largest offshore oil project, Terra Nova, restarts after being shut down last weekend when crude spilled into the ocean, an official with operator Petro-Canada said Thursday.
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By Mike Taugher, Contra Costa Times, Walnut Creek, Calif.  Jun. 9--Massive water pumps that were shut down last week in an unprecedented move to protect Delta fish will resume limited operations Sunday, state water officials announced.
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The head of the House Energy and   Commerce Committee chided BP Plc. BP.L executives on Thursday   for overlooking corrosion that threatened to shut down the   giant Prudhoe Bay oil field in Alaska, calling the UK-based   energy giant's policies "as rusty as its pipelines."
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Oil prices fell to a six-month low   under $60 a barrel on Monday as BP's move to restore output at   Prudhoe Bay earlier than expected added to a sense of healthy,   secure supplies, while demand growth questions loomed large.
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The head of the House Energy and  Commerce Committee chided BP Plc.  executives on Thursday  for overlooking corrosion that threatened to shut down the  giant Prudhoe Bay oil field in Alaska, calling the UK-based  energy giant's policies "as rusty as its pipelines."
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The U.S. Congress comes back to town   next week to sift through the pieces of the latest oil patch   disaster -- pipeline corrosion that threatened to shut down the   giant Prudhoe Bay oil field in Alaska.
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After recent mishaps involving its energy facilities, BP PLC's (BP) latest accident may add fuel to the uproar from regulators, politicians, and environmentalists who are questioning the company's business and safety practices. But investors appear to be unfazed.  BP said late Tuesday Sept.
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British energy giant BP said that it expected to resume full production by the end of October of 400,000 barrels of oil a day from Prudhoe Bay, the biggest US oil field.
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Oil giant BP is set to announce its return to Libya, Prime Minister Tony Blair&#39;s official spokesman said, shortly before taking off for the north African country.
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The Department of Transportation said it would need more data from an Alaska pipeline before it could approve a plan to restart some production from the eastern half of the oil field.
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The Prime Minister's spokesman says BP will announce shortly that it is returning to Libya.
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The Department of Transportation said  it is investigating allegations by some workers that two safety  valves at BP PLC's  oil field in Prudhoe Bay, Alaska,  were not working at the time of a large oil leak in March, the  Wall Street Journal reported on Friday.