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

FREE Email Newsletter

Railroad Crashes Prompt New Safety Rules

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

Reservation Residents Deal With Spill Aftermath

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

7 Earthquakes Hit Oklahoma

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

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

Advertisement

Whiting Petroleum Purchases Kodiak Oil & Gas For $6B

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

Addressing Fracking Health Impacts In Pennsylvania

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

Pipeline Breach Renews Call For More Monitoring

July 14, 2014 9:47 am | by JOSH WOOD, JAMES MacPHERSON, Associated Press | News | Comments

A saltwater spill from an underground pipeline in North Dakota has renewed calls from farmers and environmentalists to require new monitoring to help ensure that such breaches are prevented or caught quickly.                                  

No Brine In The Bay

July 11, 2014 10:01 am | by JOSH WOOD, JAMES MacPHERSON, Associated Press | News | Comments

The snaking, nearly 2-mile trail of saltwater that an underground pipeline spewed in the rugged hills of western North Dakota's badlands left a 200-yard-long stretch of dead vegetation, a company official said, though she added there is no evidence yet that the spill has contaminated a nearby bay.

Brine Pipeline Leak Cleanup Could Take Weeks

July 9, 2014 2:50 pm | by JOSH WOOD, JAMES MacPHERSON, Associated Press | News | Comments

Company and tribal officials say a pipeline on North Dakota's Fort Berthold Indian reservation has leaked 1 million gallons of saltwater, with some of the fluid finding its way to a bay that leads to a lake that provides drinking water for the reservation.

Advertisement

Oil Boom Boosts State Wage Averages

July 9, 2014 2:33 pm | by JAMES MacPHERSON, Associated Press | News | Comments

Well-paying jobs in western North Dakota's oil-producing counties helped propel the state's average annual pay by 4 percent last year to almost $48,000, state data show, though the state still hovers slightly below the national average.  

Entrepreneur Boone Pickens On America's Oil Boom

July 9, 2014 1:35 pm | by CBS News | Videos | Comments

The U.S. now leads the world in oil and natural gas production, putting out 11 million barrels per day. With that new-found success, oil man and entrepreneur Boone Pickens is calling for a new national energy strategy.                 

Surging Permian Basin Formations

July 9, 2014 11:14 am | by U.S. Energy Information Administration | News | Comments

The Permian Basin in Texas and New Mexico is the nation's most prolific oil producing area. Six formations within the basin have provided the bulk of Permian's 60% increase in oil output since 2007.              

Lightning Causes Explosion, Fire & Oil Spill

July 9, 2014 11:09 am | by JOSH WOOD, Associated Press | News | Comments

A lightning strike sparked a fire and explosion that destroyed the third North Dakota saltwater disposal facility in recent weeks, sending thick black smoke billowing into the sky and leaving the smell of oil in the air.                            

Oil Down To $103 On Bump In Libyan Supplies

July 9, 2014 11:03 am | by PABLO GORONDI, Associated Press | News | Comments

Oil prices inched down toward $103 a barrel Wednesday as supply concerns dissipated and investors awaited the release of figures on U.S. stockpiles of crude and refined fuels that will be a key indicator of demand.                      

Advertisement
BP plans to create a separate, more competitive business to manage its onshore oil and gas assets, including its shale operations, in the 48 contiguous U.S. states.

Court To Reexamine BP Disaster Deaths

July 9, 2014 10:43 am | by KEVIN McGILL, Associated Press | News | Comments

Prosecutors tried Tuesday to persuade a federal appeals court to reinstate some of the manslaughter charges against two BP employees in a case arising from the deaths of 11 workers in the 2010 Deepwater Horizon rig explosion in the Gulf of Mexico.

Maine Takes Another Swing At Banning The Shipment Of Tar Sands

July 9, 2014 10:41 am | by Associated Press | News | Comments

The city council is expecting another large turnout when it takes up a proposed ordinance that would prohibit loading tar sands crude oil onto ships.                               

2 Injured In Fire At Chevron Phillips Chemical

July 8, 2014 11:31 am | by Associated Press | News | Comments

Chevron Phillips Chemical says two people are injured after a fire at its Port Arthur facility. A statement from the company says the situation at the southeast Texas chemical plant is "under control" and that all personnel have been accounted for.

Grieving Family Sues Chevron After Well Explosion

July 7, 2014 10:45 am | by JOE MANDAK, Associated Press | News | Comments

The parents of a contractor killed when a southwestern Pennsylvania natural gas well exploded in February have sued the Chevron subsidiary that owns the well.                          

Misconceptions Helped Kill Australia's Carbon Tax

July 7, 2014 10:26 am | by ROD McGUIRK, Associated Press | News | Comments

Australia's experience illustrates how easy it is to scuttle complicated environmental laws, and serves as a warning to President Barack Obama, whose recent proposal to force a 30 percent cut in power plants' carbon emissions is drawing anger from both sides of politics.

Michigan Natural Gas Pipeline Plans Move Forward

July 7, 2014 10:19 am | by Associated Press | News | Comments

Plans are in the works for a new natural gas transmission pipeline that could pass through Michigan on its way to Ontario, Canada, raising concerns among some residents who have seen their property dug up for an ongoing oil pipeline project.  

Steel Imports Undermining American Business During Shale Boom

July 7, 2014 10:16 am | by John D. Oravecz, The Pittsburgh Tribune-Review | News | Comments

The steel industry was expected to benefit greatly from the domestic boom in oil and gas drilling. But the anticipated windfall from supplying drilling companies with tubular steel for oil and gas pipelines is being undermined by a flood of cheap imports. American steelmakers have blamed foreign dumping for causing a severe oversupply and depressing prices.

Tapping Shale Oil & Gas Through Sustainable Water Management

July 3, 2014 1:00 am | by Dow Water & Process Solutions | Articles | Comments

Check out this infographic on tapping into an abundant energy source through sustainable water management.                                                        

New Oil Field Discovered In Tierra Del Fuego, Chile

July 2, 2014 12:29 pm | by GeoPark Limited | News | Comments

GeoPark Limited (NYSE: GPRK), the Latin American oil and gas explorer, operator and consolidator with operations and producing properties in Chile, Colombia, Brazil and Argentina, announces the discovery of a new oil field in Chile.           

Gas Prices Heading Into The Holiday Weekend

July 2, 2014 11:16 am | by U.S. Energy Information Administration | News | Comments

On Monday, June 30, the national average retail gasoline price was $3.70 per gallon. Although this is the highest average heading into the Fourth of July holiday since 2008, gasoline prices in 2014 have remained well below the spring peaks reached in each of the previous three years.

Stone Energy Sells Gulf Tracts For $200M

July 2, 2014 9:23 am | by Associated Press | News | Comments

Stone Energy Corp. of Lafayette is selling some oil and gas properties on the Gulf of Mexico shelf to Talos Energy Offshore LLC of Houston for $200 million cash.                      

Petroleum Refinery Capacity Up, Ownership Shifts

July 1, 2014 4:16 pm | by U.S. Energy Information Administration | News | Comments

As of January 1, 2014, there were 139 operating refineries and three idle refineries with total atmospheric crude oil distillation capacity (ACDU) of 17.9 million barrels per calendar day (bbl/cd), a 101,000-bbl/cd increase in capacity from January 1, 2013.

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