Advertisement
Oil / Natural Gas
Subscribe to Oil / Natural Gas
View Sample

FREE Email Newsletter

Charges Filed In Runaway Oil Train Disaster

May 13, 2014 11:08 am | by BENJAMIN SHINGLER, ROB GILLIES, Associated Press | News | Comments

Three employees of the railway company involved in the runaway oil train disaster that killed 47 people last summer are due to appear in court Tuesday to face criminal negligence charges in the small Quebec town that was partially incinerated by exploding tanker cars.

Chevron To Pay $875K For Utah Oil Spills

May 13, 2014 10:49 am | by Associated Press | News | Comments

Federal regulators have announced an $875,000 settlement with Chevron related to a pair of Utah oil spills in recent years.                                   

ND Oil Worker Death At 6X The National Average

May 13, 2014 10:42 am | by JOSH WOOD, Associated Press | News | Comments

North Dakota has the country's highest death rate for workers in the oil, gas and mining sector, at more than six times the national average, and an even higher rate among construction workers, according to a new report from the nation's largest labor union.

Advertisement

BLM Seeks Comment On NV Leasing Plans

May 12, 2014 10:53 am | by Associated Press | News | Comments

Federal land managers are seeking public comment on their proposal to nominate 193 parcels of public land for potential oil and gas leasing in eastern Nevada.                              

Colorado Oil Train Spills 6,500 Gallons

May 12, 2014 10:51 am | by Associated Press | News | Comments

The Union Pacific Railroad says 6,500 gallons of oil spilled when a train derailed in northern Colorado on Friday.                                    

Government Failed To Inspect High-Risk Wells

May 12, 2014 10:45 am | by Associated Press | News | Comments

The government has failed to inspect thousands of oil and gas wells it considers potentially high risks for water contamination and other environmental damage, congressional investigators say.                 

Sarah Palin Defends Her Oil Tax Structure

May 9, 2014 11:42 am | by BECKY BOHRER, Associated Press | News | Comments

Former Alaska Gov. Sarah Palin defended as fair and common sense the oil tax structure she championed while in office, a system that has been dismantled by state lawmakers and her successor, fellow Republican Sean Parnell.                   

Exxon Mobil Corporation (NYSE:XOM) expects to start production at a record 10 major projects in 2014, adding new capacity of approximately 300,000 net oil equivalent barrels per day and contributing to profitable production growth

ExxonMobil Donates To Tornado Recovery Effort

May 9, 2014 11:39 am | by CHRISTINA HUYNH, Associated Press | News | Comments

ExxonMobil has donated $250,000 to aid recovery efforts in the state from last week's severe storms that included a deadly tornado.                                      

Advertisement
BNSF plans to upgrade tanker fleet after accidents  MATTHEW BROWN, Associated Press   BILLINGS, Montana (AP) — BNSF Railway Co. said Thursday it intends to buy a fleet of 5,000 strengthened tank cars to haul oil and ethanol in a move that would set a high

Railroad: Emergency Order Will Not Affect Oil Shipments

May 9, 2014 11:35 am | by JAMES MacPHERSON, Associated Press | News | Comments

The main railroad moving crude oil out of the rich Bakken formation in North Dakota and Montana said a new federal emergency order on rail shipments will not affect shipments.                             

Fracking Well Leaks Into Creek

May 8, 2014 10:58 am | by Associated Press | News | Comments

State and federal teams are still cleaning up after a shale well being drilled for fracking in southeast Ohio began leaking and the oily fluid ran into a nearby creek.                   

Keystone Pipeline Hopes Fade

May 8, 2014 10:56 am | by MATTHEW DALY, Associated Press | News | Comments

A bid by supporters of the proposed Keystone XL oil pipeline to force a vote on the controversial project fell apart Wednesday amid partisan bickering over how the vote should be conducted.                                     

Emergency Order Issued For Crude Oil Trains

May 8, 2014 10:51 am | by JOAN LOWY, Associated Press | News | Comments

The Transportation Department issued an emergency order requiring that railroads inform state emergency management officials about the movement of large shipments of crude oil through their states and urged shippers not to use older model tanks cars that are easily ruptured in accidents, even at slow speeds.

Connecticut Bans Fracking Waste Storage

May 8, 2014 10:48 am | by STEPHEN SINGER, Associated Press. | News | Comments

A last-minute tussle over eel fishing in Connecticut interfered briefly with legislation that overwhelmingly passed the House of Representatives halting the storage and disposal of waste from gas exploration.                          

Advertisement

Texas City Contemplates Fracking Ban

May 8, 2014 10:44 am | by EMILY SCHMALL, Associated Press | News | Comments

A North Texas city that sits on top of the Barnett Shale, believed to hold one of the largest natural gas reserves in the U.S., could become the first area in the state to permanently ban hydraulic fracturing.                         

Weigh In On Natural Gas & Oil Production Survey

May 8, 2014 10:27 am | by U.S. Energy Information Administration | News | Comments

As a result of the rapid growth and shifting location of U.S. natural gas and crude oil production, the U.S. Energy Information Administration (EIA) is proposing expanding the geographic coverage of its current monthly natural gas production survey and adding collection of state-level data on crude oil and lease condensate production.

Connecticut Reaches Deal On Fracking Waste Bill

May 7, 2014 11:01 am | by SUSAN HAIGH, Associated Press | News | Comments

Connecticut's Senate endorsed a bipartisan compromise on how to handle the possibility of waste coming to Connecticut from hydraulic fracturing operations in other states.                                

Freeport-McMoRan Sells Eagle Ford Assets For $3.1B

May 7, 2014 10:45 am | by Associated Press | News | Comments

Freeport has been working on selling about $4 billion of its energy assets to help reduce debt and allow it to concentrate more on growth areas like the Gulf of Mexico.                      

Oil & Gas Spending Encourages Exploration & Development

May 7, 2014 9:54 am | by U.S. Energy Information Administration | News | Comments

Annual reports from 42 oil and natural gas companies that have reported data on upstream expenditures since 2000 show that spending on exploration and development throughout the world increased by 5% ($18 billion) in 2013, while spending on property acquisition fell by $17 billion. 

Striking Oil On Campus

May 5, 2014 2:42 pm | by Associated Press | News | Comments

A contractor has struck oil at Indiana State University's campus, but it could be a while before school officials know how much it is worth.                                 

Side Effects Of The Fracking Boom

May 5, 2014 2:38 pm | by JONATHAN FAHEY, KEVIN BEGOS, Associated Press | News | Comments

Booming production of oil and natural gas has exacted a little-known price on some of the nation's roads, contributing to a spike in traffic fatalities in states where many streets and highways are choked with large trucks and heavy drilling equipment.

Exxon Mobil Corporation (NYSE:XOM) expects to start production at a record 10 major projects in 2014, adding new capacity of approximately 300,000 net oil equivalent barrels per day and contributing to profitable production growth

ExxonMobil Ahead Of Schedule At PNG LNG Project

May 5, 2014 2:28 pm | by ExxonMobil | News | Comments

Exxon Mobil Corporation announced the $19 billion PNG LNG project has started producing liquefied natural gas (LNG) in Papua New Guinea ahead of schedule.                            

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 Considers Huge Build In Pennsylvania

May 5, 2014 10:33 am | by Associated Press | News | Comments

Zinc production has shut down at a western Pennsylvania site where Shell Oil Co. is considering building a high dollar petrochemical plant.                                 

Oil Dispute Erupts In The South China Sea

May 5, 2014 10:29 am | by CHRIS BRUMMITT, Associated Press | News | Comments

Vietnam demanded China stop oil drilling operations in a disputed patch of the South China Sea, saying on Monday that Beijing's decision to deploy a deep sea rig over the weekend was illegal.                 

Train Derailment Cause Still Unknown

May 5, 2014 10:15 am | by ALAN SUDERMAN, LARRY O'DELL, Associated Press | News | Comments

Early reviews found no human error or mechanical failure that could have caused a fiery derailment of an oil train in downtown Lynchburg, Virginia, the National Transportation Safety Board said Friday.                

Chevron Profit Plunges

May 2, 2014 10:53 am | by Associated Press | News | Comments

Chevron Corp. says its net income fell 27 percent in the first quarter because of lower global oil prices and decreased production of oil as a result of bad weather.                      

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading