Pipeline blaze in the Gulf. Photo credit: AP Photo/US Coast Guard, Petty Officer 3rd Class Carlos Vega.
So far, 2013 isn't shaping up to be the energy industry's safest year. A number of disasters have occurred, which have brought unwanted attention to the industry. Here's a look at the industry's five biggest blunders so far this year.
A Herculean disaster averted in the Gulf
Just this past week, a blowout occurred on a Hercules (NASDAQ: HERO ) -owned rig operating in the shallow waters of the Gulf of Mexico. Natural gas leaking from a well off the coast of Louisiana caught fire and spread to the Hercules rig. Fortunately, all 48 personnel in the rig were safely evacuated. However, the incident underscores the risks of drilling offshore. It could have been a lot worse, as no one was hurt, and this is a natural gas well so the environmental threats are far less than if it were an oil well. While the well is not yet under control, Hercules investors appear to have caught a break, which is why stock was down only about 4% on the week.�
5 Best Heal Care Stocks To Watch For 2014: Panther Secs(PNS.L)
Panther Securities P.L.C. invests and deals in real estate properties and securities in the United Kingdom. It invests primarily in commercial properties, such as offices, retail units, and bars. The company also invests in residential properties and industrial estates. In addition, it provides real-time information systems, including bookmaking, broadcasting, and digital signage. The company was incorporated in 1934 and is based in London, the United Kingdom.
5 Best Heal Care Stocks To Watch For 2014: comScore Inc.(SCOR)
comScore, Inc. provides a range of digital analytics solutions primarily in the United States, Europe, and Canada. The company offers its customers with information regarding usage of their online properties and those of their competitors, coupled with information on consumer demographic characteristics, attitudes, lifestyles, and offline behavior solutions through its digital media measurement platforms. Its digital media measurement platforms consist of proprietary databases and a computational infrastructure that measures, analyzes, and reports on digital activity. The company also provides audience analytics tools that measure the size, behavior, and characteristics of Internet users on PCs, mobile devices, and tablets, as well as insight into online advertising; and advertising analytics products, such as AdEffx, Media Planner 2.0, and Campaign Essentials, which provide solutions for developing, executing, and evaluating online advertising campaigns, as well as valida ted campaign essentials that provide intelligence regarding validated impressions. In addition, it offers Web analytics products and solutions, as well as Web analytics platform that integrates data from multiple sources, including Web, mobile, video, and social media interactions; and mobile and network analytics products, such as comprehensive market intelligence and network solutions to mobile carriers with information on network optimization and capacity planning, customer experience, and market intelligence. The company serves Internet service providers, investment banks, media and digital agencies, consumer banks, wireless carriers, pharmaceutical makers, credit card issuers, and consumer packaged goods companies. comScore, Inc. was founded in 1999 and is headquartered in Reston, Virginia.
Top 5 Energy Companies To Buy Right Now: Martin Midstream Partners L.P.(MMLP)
Martin Midstream Partners L.P. collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The company?s Terminalling and Storage segment owns or operates 27 marine shore based terminal facilities and 12 specialty terminal facilities that provide storage, processing, and handling services for producers and suppliers of petroleum products and by-products, lubricants, and other liquids, including the refining of various grades and quantities of naphthenic lubricants and related products. This segment also offers land rental services to oil and gas companies, and storage and handling services for lubricants and fuel oil. The Natural Gas Services segment is involved in the gathering and processing of natural gas, and distribution of natural gas liquids (NGLs). This segment owns 1 NGL pipeline; and 3 NGL supply and storage facilities, as well as has ownership interests in approximately 719 miles of gathering and transmis sion pipelines located in the natural gas producing regions of east Texas, Northwest Louisiana, the Texas Gulf Coast and offshore Texas and federal waters in the Gulf of Mexico. The Sulfur Services segment processes and distributes sulfur produced by oil refineries that is primarily used in the production of fertilizers and industrial chemicals. This segment own and operates 6 sulfur-based fertilizer production plants, and 1 emulsified sulfur blending plant that manufacture sulfur-based fertilizer products for wholesale distributors and industrial users; 1 sulfuric acid production plant that processes molten sulfur into sulfuric acid; and 1 ammonium sulfate production plant that processes sulfuric acid into ammonium sulfate. The Marine Transportation segment utilizes a fleet of 41 inland marine tank barges, 20 inland push boats, and 4 offshore tug barge units that transport petroleum products and by-products. The company was founded in 2002 and is based in Kilgore, Texas.
5 Best Heal Care Stocks To Watch For 2014: Frontline Gold Corporation(FGC.V)
Frontline Gold Corporation, a junior mineral exploration company, engages in the acquisition, exploration, evaluation, and development of natural resource properties in Canada, Mali, and Turkey. Its principal properties include the Niaouleni gold project that comprise exploration permits for an area of 94 square kilometers located in south Mali, Africa; the Menderes gold project that covers and area of 62 square kilometers located in Izmir Province, Turkey; the Poly property, which covers an area of approximately 3,443 hectares located in the Skeena mining division, British Columbia; and the Stewart property that covers and area of 29707 hectares located in the Skeena mining division, British Columbia. The company has a strategic alliance with Geofine Exploration Consultants Ltd. Frontline Gold Corporation is headquartered in Toronto, Canada.
5 Best Heal Care Stocks To Watch For 2014: Tumi Resources Limited(TM.V)
Tumi Resources Limited, a junior mineral exploration company, engages in the acquisition and exploration of precious metals on mineral properties located in Mexico and Sweden. It primarily explores for silver, as well as gold, tungsten, and base metal deposits. The company was formerly known as Planex Ventures Ltd. and changed its name to Tumi Resources Limited in May 2002. Tumi Resources Limited was incorporated in 2000 and is headquartered in Vancouver, Canada.
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