NEW ORLEANS — Federal agency confirms fire has broken out on blown-out Gulf gas well that was evacuated.
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For cash-strapped life insurance companies, the deal sounds almost too good to be true: A state law allows them to create complex financial instruments to transfer liabilities to new subsidiaries, instantly wiping huge debts off their balance sheets.
Even as Rhode Island makes history as the first U.S. state with an offshore wind farm, its people are not so fond of wind turbines sprouting up on land near where they live.
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The chief executive of Italian oil and gas company Eni says exploratory drilling off Cyprus' southern shore will begin next year.
A worker was killed in a crane accident at an oil well site in western North Dakota, the Occupational Safety and Health Administration said Tuesday.
Iran's semi-official Fars news agency is reporting that an explosion in a subway tunnel in the capital, Tehran, has killed two workers and damaged a gas pipeline.
Authorities in Florida say a 17-year-old boy is dead following a shooting at a graduation party near West Palm Beach.