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Neighbors complain of smell, San Francisco bacon restaurant shut down
IRVING, Texas, Jan. 7 (UPI) -- U.S. supermajor Exxon Mobil and its partners announced plans to produce more than 700 million barrels of oil from a field off the eastern Canadian shore.
Exxon said it would design a stand-alone structure to develop the Hebron oil field off the coast of Newfoundland and Labrador. The company said the project, which represents $14 billion in capital cost, will be able to recover more than 700 million barrels of oil.
"Hebron is one of several large-scale oil developments that ExxonMobil will bring on stream in the next five years," Exxon Mobil Development Co. President Neil Duffin said in a statement.
Exxon said the facility will be able to withstand encroaching sea ice, icebergs and the tough oceanic climate. The base for the facility is designed to hold 1.2 million barrels of crude oil.
Production from the Hebron field is expected by 2017, said Exxon. Partners to the project include Chevron Canada Ltd, Suncor Energy Inc., Statoil Canada, and Nalcor Energy Oil and Gas.
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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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