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The strike also disrupted the rotation of personnel on oil platforms, which usually change every two weeks, but has yet to affect domestic hydrocarbon production.

Total launched its second Nigerian deepwater drilling project, scheduled to come on stream in 2012 and expected eventually to yield 180,000 barrels a day.

Oilfield services company Expro International Group Tuesday said Halliburton continues to carry out due diligence, which may or may not lead it to make an offer for Expro.

President Umaru Yar'Adua has ordered the Nigerian National Petroleum Corp. to take immediate steps to recover over $1.9 billion from Royal Dutch Shell and Exxon Mobil Corp., an official spokesman said Tuesday.

Crude and petroleum products futures settled at fresh record highs Tuesday, spurred by expectations of further gains and market realignment suggesting entrenched higher long-term prices.

The retail vacancy rate in eastern Massachusetts rose to 6.9 during the 17-month period ending March 1, according to a recently released report by KeyPoint Partners.

California investor Jeff Lyon purchased a vacant industrial building in Tempe for $1.45 million and plans to lease the 17,200-square-foot building to a variety of tenants.

Renovations to 511 N. Franklin St. should be completed by this fall, adding to the rejuvenation of north downtown Tampa.