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The Link Between Injection Wells & Earthquakes

July 15, 2014 10:00 am | by EMILY SCHMALL, JUSTIN JUOZAPAVICIUS, Associated Press | Comments

States where hydraulic fracturing is taking place have seen a surge in earthquake activity, raising suspicions that the unconventional drilling method could be to blame, especially the wells where the industry disposes of its wastewater.  

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Royal Dutch Shell said Friday it is selling its Australian gasoline stations and refinery to energy trader Vitol Group for 2.9 billion Australian dollars ($2.6 billion).

Shell Adds Third Major Discovery To Norphlet Play

July 15, 2014 9:58 am | by Associated Press | Comments

Shell announces its third major discovery in the Norphlet play in the deep waters of the Gulf of Mexico with the successful Rydberg exploration well.                           

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Albemarle Buys Rockwood In $6.2B Deal

July 15, 2014 9:53 am | by Associated Press | Comments

Specialty chemicals company Albemarle is buying counterpart Rockwood Holdings Inc. in a cash-and-stock deal valued at about $6.2 billion.                             

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Authorities are investigating the discovery of a body at a southwestern Indiana aluminum plant.

Alcoa Signs $1.1B Deal To Make Jet Engine Parts

July 15, 2014 9:50 am | by Associated Press | Comments

Alcoa signed a $1.1 billion deal to make jet engine parts for a unit of United Technologies Corp.                                           

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Dozens Arrested At Maryland Gas Plant

July 15, 2014 9:48 am | by Associated Press | Comments

More than two dozen activists have been arrested following a protest against plans to build a facility in Maryland to liquefy and export natural gas.                                 

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North Dakota Approves Pipeline To Diesel Refinery

July 15, 2014 9:45 am | by Associated Press | Comments

North Dakota regulators have approved a $7.9 million pipeline that will supply crude for a diesel refinery under construction near Dickinson.                                               

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Chemists Develop Clean-Burning Hydrogen Fuel

July 15, 2014 9:31 am | by Rutgers | Comments

Rutgers researchers have developed a technology that could overcome a major cost barrier to make clean-burning hydrogen fuel – a fuel that could replace expensive and environmentally harmful fossil fuels.                        

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Global Energy, Mining & Utilities Trend Report

July 14, 2014 4:35 pm | by Mergermarket | Comments

Q2 2014's global M&A targetting the Energy, Mining & Utilities (EMU) sector recovered from a subdued Q1. Deal value increased 68.8% to US$ 143.8bn with 400 deals, up from 345 deals at US$ 85.2bn Q1 2014 and marking the hitest valued quarter in over a year (Q4 2012 valued at US$ 190.4bn).

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Railroad Crashes Prompt New Safety Rules

July 14, 2014 10:35 am | by JOAN LOWY, Associated Press | Comments

A string of fiery train derailments across North America has triggered a high-stakes but behind-the-scenes campaign to shape how the U.S. government responds to calls for tighter safety rules.                  

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Reservation Residents Deal With Spill Aftermath

July 14, 2014 10:21 am | by JOSH WOOD, Associated Press | Comments

For many Native Americans on Fort Berthold Indian Reservation — land that accounts for 300,000 of the 1 million barrels of oil produced by North Dakota — there is a difficult balance between the potential prosperity that development can bring and the preservation of a land considered to be sacred. That dilemma has been brought to the fore since 1 million gallons of saltwater spewed from an underground pipeline.

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7 Earthquakes Hit Oklahoma

July 14, 2014 10:09 am | by Associated Press | Comments

The U.S. Geological Survey has recorded seven small earthquakes shaking central Oklahoma in a span of about 14 hours.                                  

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ConAgra Buys Chinese Potato Processor For $93M

July 14, 2014 10:05 am | by Associated Press | Comments

ConAgra Foods Inc., the company behind Chef Boyardee canned pasta, said that it bought a Chinese potato processor for $93 million to help it sell more frozen potato products in Asia.                    

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Whiting Petroleum Purchases Kodiak Oil & Gas For $6B

July 14, 2014 9:58 am | by Associated Press | Comments

Whiting Petroleum Corp. said Sunday it is buying Kodiak Oil & Gas Corp. for $6 billion in stock, worth $13.90 per share, in a deal that will make it the largest producer in the booming Bakken region of North Dakota and Montana.          

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Concerns Arise Over Returning Treated Water To Rivers

July 14, 2014 9:54 am | by Associated Press | Comments

Environmental activists in East Tennessee are opposing a plan that calls for taking water from the Nolichucky River for use by a Greene County industrial chemical plant and then returning the treated water to the river.                       

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Addressing Fracking Health Impacts In Pennsylvania

July 14, 2014 9:50 am | by KEVIN BEGOS, Associated Press | Comments

Pennsylvania's former health secretary says the state has failed to seriously study the potential health impacts of one of the nation's biggest natural gas drilling booms.                                 

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