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Tag Archives: fuel

Judge suspends some oil spill settlement payments

NEW ORLEANS — A federal judge has ordered the administrator of a multibillion-dollar settlement over BP’s 2010 Gulf oil spill to immediately suspend making settlement offers and payments to some businesses that claim the company’s 2010 oil spill cost them money. U.S. District Carl Barbier issued Thursday’s order a day after an appeals court reversed his rulings in a dispute ...

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KiOR unveils Columbus II that will double production

COLUMBUS — Texas-based KiOR Inc. has announced that it will double the production capacity at its biofuels production facility in Columbus. KiOR said in a news release yesterday from its Pasadena, Texas, headquarters that it will build a second cellulosic fuels facility in Columbus. KiOR estimates the project — called Columbus II — will cost about $225 million. Fred Cannon, ...

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Oil well explosion puts five workers in hospital with burns

WAYNESBORO — Five workers have been injured in an explosion at an oil well near Waynesboro. Sean Dunlap, spokesman for Wayne County Emergency Management Agency, says the workers suffered burns. He did not know the extent of their injuries. They were taken to Wayne General Hospital in Waynesboro. Dunlap says the explosion caused a small fire, which emergency responders quickly ...

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BP wants wants cut in oil spill settlement budget

NEW ORLEANS — BP has urged a federal judge to reject a $111-million budget request by the court-supervised administrator of the company’s multibillion-dollar settlement with Gulf Coast businesses and residents following its 2010 Gulf oil spill. In a court filing yesterday, BP attorneys said claims administrator Patrick Juneau refused to cut his office’s fourth-quarter budget request by at least $25.5 ...

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Sanders Oil sells to Alabama company for undisclosed price

COLUMBUS — Sanders Oil Company has been sold to Midstates Petroleum Company in Vernon, Ala. The sale includes Sanders Oil’s 14 gasoline stations. Terms of the sale were not made public. Sanders Oil vice president Will Sanders tells The Commercial Dispatch that the sale was finalized Monday. The sale includes Sanders’ six consignment stores and hundreds of commercial accounts. Sanders ...

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Syria agrees to turn over chemical weapons; oil prices fall

Syria has agreed to turn over its chemical weapons, which is helping ease international tensions as well as anxiety at the gas pumps. Oil prices, which have shot up in recent days over the threat of a U.S. strike against Syria, dropped below $108 a barrel today after Damascus said it would go along with a proposal to turn over ...

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Interstate pipeline complete, transporting fuel to eastern U.S.

COLLINS — Construction of the approximately 141-mile, 16-inch diameter Parkway Pipeline, a 50-50 joint venture between Kinder Morgan Energy Partners, L.P. and Valero Energy Corp, is complete and is now transporting refined petroleum products from refineries in Norco, La., to an existing petroleum transportation hub in Collins, owned by Plantation Pipe Line Company. From this hub the products will be ...

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Court reverses decision on BP getting oil spill insurance money

NEW ORLEANS — A federal appeals court has withdrawn its earlier ruling that BP is entitled to a portion of $750 million in coverage under a contractor’s insurance policies to help the London-based oil giant pay for costs associated with its massive 2010 oil spill in the Gulf of Mexico. A three-judge panel of the 5th U.S. Circuit Court of ...

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Judge refuses to suspend oil spill settlement payments

NEW ORLEANS — A federal judge has rejected BP’s latest request to suspend settlement payments to Gulf Coast residents and businesses while former FBI Director Louis Freeh leads an independent investigation of the program, which compensates victims of the company’s 2010 oil spill. U.S. District Judge Carl Barbier’s order today says an internal probe by the claims administrator’s office didn’t ...

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Report blames welding for fatal Gulf oil rig fire

GULF OF MEXICO — A consultant’s report for a Texas-based company says a deadly 2012 explosion on its Gulf of Mexico oil platform off the Louisiana coast happened when workers for a subcontractor used unsafe welding practices. The report was released today, the same day two injured workers and their spouses filed a $180 million federal lawsuit in connection with ...

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