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Crews scour for tar balls and use cannon booms to scare birds as they clean up Texas oil spill

GALVESTON, Texas - The U.S. Coast Guard is hoping it will be able to reopen one of the busiest U.S. seaports three days after a barge collision dumped as many as 170,000 gallons (643,500 litres) of heavy oil into the water near Galveston, Texas. Authorities hope the closure of the Houston Ship Channel could end sometime Tuesday, allowing more than 80 stranded ships to resume activity.

US oil prices edge higher as key shipping route shut

US crude prices Monday edged higher after traffic was halted on a key petroleum-industry waterway in Houston due to an oil spill. US benchmark West Texas Intermediate for May delivery rose 14 cents to $99.60 a barrel on the New York Mercantile Exchange. European benchmark Brent oil for May delivery slipped 11 cents to $106.81 a barrel on the Intercontinental Exchange in London.

US oil prices edge higher as key shipping route shut

US crude prices Monday edged higher after traffic was halted on a key petroleum-industry waterway in Houston due to an oil spill. US benchmark West Texas Intermediate for May delivery rose 14 cents to $99.60 a barrel on the New York Mercantile Exchange. European benchmark Brent oil for May delivery slipped 11 cents to $106.81 a barrel on the Intercontinental Exchange in London.

B.C. oil pipeline opponents mark 25th anniversary of Exxon Valdez spill

VANCOUVER - Opponents of any increase in oil tankers off the B.C. coast are marking the 25th anniversary of the Exxon Valdez oil spill by launching a renewed campaign against two major pipeline projects. Coastal First Nations are running newspaper and radio ads about the impacts they fear from oil spills at sea from Enbridge's (TSX:ENB) Northern Gateway and Kinder Morgan's Trans Mountain pipelines. The coalition of aboriginal communities along the B.C. coast are asking residents to support a ban on oil tankers in their traditional territories.

Fire extinguished at oil depot in Argentina

Buenos Aires, Mar 23 (EFE).- Firefighters brought the blaze that caused an explosion that injured 17 people at an oil depot in the western Argentine province of Mendoza under control on Sunday, state-controlled oil company YPF said in a statement. The storage tank at the Cerro Divisadero complex exploded on Saturday. The explosion was caused by a fire that started on Friday night at the oil depot located about 1,000 kilometers (621 miles) west of Buenos Aires.

Mexico's Pemex submits list of desired oil fields

Mexico City, Mar 22 (EFE).- Mexican state-owned oil giant Petroleos Mexicanos said it informed the Energy Secretariat of the oil fields it would like to keep in the wake of an historic energy overhaul, including areas it has been exploring and others already under production. The company said in a statement that it submitted the list by Friday's deadline in compliance with the terms of last year's overhaul, which ended its monopoly on crude development.

North Dakota to pay for cleanup of illegal radioactive oil waste; culprit can't be found

BISMARCK, N.D. - North Dakota will pay for the cleanup of illegally dumped radioactive oil field waste found on the outskirts of a tiny town in the northwest corner of the state, a document obtained Thursday by The Associated Press shows. Regulators planned to announce a contractor to clean up the site near Noonan on Monday, an attorney for the Legislative Council — the Legislature's research arm — said in an email obtained by the AP.

1989 Exxon Valdez disaster, then world's worst oil spill, as reported by The Associated Press

EDITOR'S NOTE: Early on March 24, 1989, Dean Fosdick, the Alaska bureau chief of The Associated Press, was awakened around 5:30 a.m. by a phone call. The caller had a tip that a tanker had run aground outside Valdez. Fosdick quickly confirmed with a top Coast Guard official that the Exxon Valdez had struck a reef and was leaking thick, toxic crude oil into Prince William Sound, and sent out first word to the world of what at the time was the nation's worst-ever oil spill.

US oil prices rise following inventory report

Oil prices in New York rose Wednesday after a US oil inventory report showed lower supplies at a crucial trading hub. US benchmark West Texas Intermediate (WTI) for April delivery advanced 67 cents to finish trade at $100.37 a barrel on the New York Mercantile Exchange. European benchmark Brent oil for May delivery fell 94 cents to $105.85 a barrel in London.

KNOC discovers additional oil reserve in Iraq

SEOUL, March 16 (Yonhap) -- A joint oil exploration project involving South Korea's state-run oil company in Iraq has made another significant oil discovery in the Middle Eastern country, the company said Sunday. The discovery was made at the Hawler minefield in Iraq's northern Kurdish region, according to the Korea National Oil Corp. (KNOC). The Banan drill hole is the fourth exploration hole in the Hawler minefield, and it has successfully produced 4,320 barrels of light crude oil per day in a drill stem test that began in January, the company said.
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