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Neighbors complain of smell, San Francisco bacon restaurant shut down
STAVANGER, Norway, May 3 (UPI) -- Norwegian energy company Statoil announced plans to develop a field in the North Sea that holds about 45 million barrels of oil equivalent.
Statoil said it submitted plans to develop and operate the Katla discovery in the North Sea to the Norwegian Ministry of Petroleum and Energy.
The Norwegian company said it plans to drill four wells in the discovery. Two of them will be used to produce oil and natural gas while the others will be used for water injections in order to support reservoir pressure.
Statoil said it included the Katla discovery in its list of fast-track developments. Plans are to start production at the offshore field during the first quarter of 2013.
The company said it uncovered the field in 2009.
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LONDON, May 20 (UPI) --
British investigators say they are "urgently reviewing" whether to join a European Union probe of three oil companies for alleged gasoline price-fixing.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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