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New Experimental Data Released To Enhance CO2 Pipeline Design

October 7, 2014 10:01 am | by DNV GL - Oil & Gas | News | Comments

First-of-its-kind data relating to the depressurisation of CO2 pipelines is being made freely available today through industry cooperation. This will help fill knowledge gaps associated with the safe and reliable pipeline transport of CO2 and result in cost efficiencies through a significantly improved design basis for CO2 pipelines.

Turkey Cracks Down On Oil Smugglers Aiding IS

October 6, 2014 10:20 am | by DESMOND BUTLER, Associated Press | News | Comments

Analysts estimate that the Islamic State group gets up to $3 million a day in revenue from oil fields seized in Iraq and Syria. Oil smuggling was a booming business until about six months ago, when Turkish authorities ramped up a multi-layered crackdown that has significantly disrupted the illicit trade... 

Chevron Selling Duvernay Stake For $1.5B

October 6, 2014 10:16 am | by Associated Press | News | Comments

Chevron's Canadian subsidiary is selling its 30 percent stake in its Duvernay shaleplay to Kuwait Foreign Petroleum Exploration Co. in a $1.5 billion deal.                                       

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$627M In Gulf Oil Spill Recovery Projects Approved

October 6, 2014 10:12 am | by JEFF AMY, Associated Press | News | Comments

Officials approved plans Friday to spend $627 million on 44 projects meant to aid recovery from the 2010 oil spill in the Gulf of Mexico, but environmentalists are fuming that $58 million will go to an Alabama beachfront hotel they say will hurt rather than help the Gulf.

Fire At Offshore Platform Prompts Evacuation

October 3, 2014 10:28 am | by RACHEL D'ORO, Associated Press | News | Comments

A fire Thursday at an offshore natural gas platform in Alaska's Cook Inlet destroyed the crew's living quarters and forced four workers to evacuate.                                                    

Pluspetrol Buys Apco Oil & Gas For $427M

October 3, 2014 10:24 am | by Associated Press | News | Comments

Oil and gas exploration and production company Pluspetrol Resources is buying Apco Oil and Gas for $427 million.                                          

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).

Auger: The Deep Water Pioneer

October 3, 2014 1:00 am | by Shell | Videos | Comments

Using a new breed of seismic technology, Shell’s engineers discovered a whole untapped field – called Cardamom – hidden behind a vast salt deposit, 4 miles (6.4 km) below the sea floor. To reach its oil, Auger drilled one of the world’s longest wells. 

Baker Hughes Disclosing Fracking Chemicals

October 2, 2014 10:24 am | by JONATHAN FAHEY, AP Energy Writer | News | Comments

The drilling services company Baker Hughes implemented a policy of disclosing all of the chemicals used in its fracking operations.                                  

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Dover Acquires Accelerated Companies LLC

October 2, 2014 10:22 am | by Associated Press | News | Comments

Dover announced that it has acquired Accelerated Companies LLC, a supplier of artificial lift and fluid handling solutions to oil and gas production markets, for a purchase price of $430 million, subject to a customary adjustment for working capital.

Oil Boom Widens Gap Between The Sexes

October 2, 2014 10:17 am | by JAMES MacPHERSON, Associated Press | News | Comments

North Dakota's unprecedented oil bonanza has boosted salaries throughout the state, though the male-dominated, high-paying energy industry also is widening the wage gap between men and women.                                       

Greenbrier Leads Call For Safer Tank Car Design

September 30, 2014 11:27 am | by Greenbrier | News | Comments

Greenbrier's Tank Car of the Future is designed for safer transportation of crude, ethanol and other flammables in North America, as well as use with other hazardous materials traffic.                

Mexico Detains 5 In Suspected Oil Theft Ring

September 30, 2014 11:08 am | by Associated Press | News | Comments

The ring is believed to have stolen over 1 million gallons (4 million liters) of oil per month in a northeastern state.                                     

Dominion Natural Gas Exports Plan Gets Federal OK

September 30, 2014 11:00 am | by Frederic J. Frommer, Associated Press | News | Comments

The Federal Energy Regulatory Commission concluded that the project, as approved with conditions, would minimize potential adverse impacts on landowners and the environment.                      

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Thousands Attend Anti-Pipeline Gathering In Nebraska

September 29, 2014 11:21 am | by The Associated Press | News | Comments

Roughly 8,000 people filled a northeast Nebraska farm Saturday to hear Willie Nelson and Neil Young perform at a concert organized by opponents of the proposed Keystone XL pipeline.            

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

Judge Leaves Legal Openings For Villagers In Exxon Suit

September 25, 2014 10:34 am | by Associated Press | News | Comments

A federal judge has left a small legal opening for some Indonesian villagers to pursue a lawsuit against Exxon Mobil Corp. for human rights abuses allegedly committed by Indonesian troops guarding an Exxon natural gas field.                                 

Mexican Cartels Steal Billions From The Oil Industry

September 25, 2014 10:15 am | by MARK STEVENSON, Associated Press | News | Comments

Mexico overcame 75 years of nationalist pride to reform its flagging, state-owned oil industry. But as it prepares to develop rich shale fields along the Gulf Coast, and attract foreign investors, another challenge awaits: taming the brutal drug cartels that rule the region and are stealing billions of dollars' worth of oil from pipelines.

North Dakota Calls For More Environmental Protections

September 25, 2014 10:01 am | by JOSH WOOD, Associated Press | News | Comments

A top North Dakota public health official told a meeting of energy company representatives in Dickinson on Wednesday that more needs to be done to ensure environmental protections in the state amid its oil boom.                           

Businesses Won't Have To Return BP Spill Payments

September 24, 2014 4:08 pm | by JANET MCCONNAUGHEY, Associated Press | News | Comments

BP wants its money back — hundreds of millions of dollars of it — but a federal judge said Wednesday that the oil giant must keep its promises to the companies it compensated for losses they blamed on the 2010 Gulf oil spill.                                            

Oil Reps Say ND Has Proper Rail Shipment Rules

September 24, 2014 3:55 pm | by JAMES MacPHERSON, Associated Press | News | Comments

Oil producers in North Dakota are objecting to any new state regulations that would require them to reduce the volatility of crude before it's loaded onto rail cars.                         

Worker Injured In Natural Gas Blast Dies

September 24, 2014 3:51 pm | by Associated Press | News | Comments

One of four men injured in a blast at a western Wyoming natural gas storage tank has died, a Salt Lake City hospital official confirmed Wednesday.                                     

Minnesota Governor Asks For Added Oil Train Safety

September 24, 2014 3:47 pm | by Associated Press | News | Comments

Minnesota Gov. Mark Dayton wants added safety measures for oil trains leaving North Dakota.                                                       

Solar Energy Could Revolutionize Oil Sands Tailings Reclamation

September 24, 2014 3:17 pm | by University of Alberta | News | Comments

Cleaning up oil sands tailings has just gotten a lot greener thanks to a novel technique developed by University of Alberta civil engineering professors that uses solar energy to accelerate tailings pond reclamation efforts by industry.

New Solutions Needed To Recycle Fracking Water

September 24, 2014 2:51 pm | by Rice University | News | Comments

Rice University scientists have performed a detailed analysis of water produced by hydraulic fracturing (aka fracking) of three gas reservoirs and suggested environmentally friendly remedies are needed to treat and reuse it.                

Shale Supply Chain To Add 233,000 American Jobs

September 24, 2014 12:24 pm | by Energy Equipment and Infrastructure Alliance | News | Comments

Firms supplying goods and services to shale oil and gas producers will create more than 233,00 new American jobs over the next ten years, according to a new report.                                     

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.

Judge Hears Oil Spill Cleanup Workers' Claims

September 24, 2014 10:33 am | by JANET MCCONNAUGHEY, Associated Press | News | Comments

The federal judge for Gulf of Mexico oil spill cases was set to hear arguments Wednesday about whether BP PLC should get back hundreds of millions of dollars from businesses that got settlement payments between August 2012 and October 2013.

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