US Federal Reserve Raises Interest Rates Despite Lower Inflation
Why Is ConocoPhillips (COP) Moving So Hard, So Fast?
U.S. stocks edge up slightly as oil prices stabilize
Johnson: Senate bill doesn't address health care costs
DUP demands £2bn to prop up Theresa May's government
Alaska Says BP Oil And Gas Leak Stopped
21 April 2017, 07:30 | Kelvin Horton
Oil spill reported in Alaska, volume unknown
DEC is coordinating with BPXA and the Alaska Oil and Gas Conservation Commission to investigate the cause. This last March, daily output in the area hit 565,000 bpd - the highest in more than three years. Oil was spraying from a leak near the top of the well. But the continuing natural gas leak continues to be a problem. "The bottom leak has been reduced, but is now leaking gas as well as some minor amount of crude oil". The spill was discovered on Friday, and the oil leakage has since been contained but gas is still flowing from the well, according to the Alaskan Department of Environmental Conservation.
On Monday, almost three days after the leak was found, ADEC announced the unified command had to managed to "kill" the well overnight and end the gas leak.
"It's tough to determine collateral impacts at this point, but some incident-related slowdown at Prudhoe Bay seems at least a reasonable risk to consider", Tudor Pickering Holt & Co., a Houston-based energy investment bank, wrote in a Monday note.
The network said other quantities of natural gas were leaking from the site along with crude oil and investigations were underway to find out the causes of the accident. But its infamous 2010 Deepwater Horizon oil spill focused the world's attention on the environmental and economic importance of the Gulf of Mexico.
No injuries have been reported. By Sunday night, the well had settled about 11 in. So far, officials have triggered a safety valve to slow the release of natural gas from the well, but the well was still leaking as of Sunday afternoon.
On Friday, an oil spill occurred at a well on the frozen tundra of Alaska's North Slope near Prudhoe Bay, The Wall Street Journal.
The Alaskan North Slope crude was valued at a per barrel value of $1.9 over the U.S. benchmark West Texas Intermediate on 13th April.
Missing Tennessee Teacher Arrested, Teenager Found Safe
The TBI reached out to authorities in Siskiyou County, CA , who said they had received the same tip from the same person. Cummins faces state charges of aggravated kidnapping and sexual contact with a minor as well as the federal charges.
LeBron James helps Cavs erase record playoff halftime deficit
Top seeds in the Eastern Conference , the Boston Celtics trail the Bulls 2-0 ahead of a trip to Chicago for game three on Friday. Now, they sit down 3-0 with little chance of making this thing a series . "It was a very poorly officiated basketball game".
Justin Rose charges into share of lead at the Masters
He was five shots behind until a tee shot to the left pin on No 12 landed 5 feet from the cup, starting his run of birdies. Garcia, Fowler and England's Westwood are each hoping to finally land one of golf's four most prestigious tournaments.