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Oil Rises In Anticipation Of Improved Jobs Report

April 4, 2014 10:30 am | by Associated Press | News | Comments

The price of oil rose as traders anticipated positive news in the monthly U.S. jobs report.                                                   

Illinois Increases Coal Ash Pond Inspections

April 4, 2014 10:15 am | by TAMMY WEBBER, Associated Press | News | Comments

The Illinois Department of Natural Resources said Thursday that it will increase inspections of coal-ash ponds in the wake of high-profile accidents that fouled waterways in other states, and implement other reforms in the division that oversees mining and oil and gas exploration.

Crude Imports Fall, Top Three Suppliers Still Have Highest Share In Decades

April 4, 2014 9:58 am | by U.S. Energy Information Administration | News | Comments

While U.S. total net crude oil imports fell during 2013, the share of imports last year from the United States' top three foreign oil suppliers—Canada, Saudi Arabia, and Mexico—was the highest in at least four decades.               

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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 Selects Detroit For The 2015 Eco-Marathon Americas Challenge

April 3, 2014 11:00 am | by Associated Press | News | Comments

Today, Shell Oil Company, in conjunction with Detroit Mayor Mike Duggan, announced the selection of the iconic "Motor City" as host for the annual Shell Eco-marathon Americas® challenge beginning in 2015.                    

Public Hearing Scheduled For Gas Plant Expansion

April 3, 2014 10:57 am | by Associated Press | News | Comments

North Dakota regulators have scheduled a public hearing to discuss the proposed expansion of the Robinson Lake Gas Plant near New Town.                                  

Bakken Oil Output At 1.1M Barrels A Day

April 3, 2014 10:13 am | by JOSH WOOD, Associated Press | News | Comments

Oil production in North Dakota and Montana's Bakken and Three Forks formations will average 1.1 million barrels per day this year, according to a research firm's estimates.                          

U.S. & EU Vow To Wean Ukraine Off Russian Gas

April 2, 2014 10:55 am | by MATTHEW LEE, RAF CASERT, Associated Press | News | Comments

The United States and European Union on Wednesday sought ways to reduce the political clout Russia gets from its vast energy reserves by promising to wean Ukraine and the rest of the continent off those supplies.                           

BP Engineer Granted Sentencing Delay

April 2, 2014 10:51 am | by Associated Press | News | Comments

A former BP engineer has been granted a delay in his sentencing on an obstruction of justice charge related to the 2010 Gulf oil spill.                                   

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New Audio From Houston Channel Oil Spill

April 2, 2014 10:49 am | by Associated Press | News | Comments

The captains of the two vessels that collided in the Houston Ship Channel were aware they were perilously close to one another but still failed to avert a spill that dumped 168,000 gallons of oil into the water, according to a U.S. Coast Guard audio recording.

Evacuation Lifted After Plant Explosion

April 2, 2014 10:43 am | by JEFF BARNARD, Associated Press | News | Comments

Authorities have lifted the evacuation order around a liquefied natural gas plant on the Washington-Oregon border after an explosion there a day earlier.                            

PG&E Facing Criminal Charges In Fatal Pipeline Blast

April 2, 2014 10:39 am | by JASON DEAREN, Associated Press | News | Comments

Pacific Gas and Electric Co. was charged Tuesday with U.S. felony counts involving safety violations linked to a deadly 2010 natural gas pipeline explosion in the San Francisco Bay Area.

New Natural Gas Pipeline For North Carolina

April 2, 2014 10:36 am | by EMERY P. DALESIO, AP Business Writer | News | Comments

Duke Energy Corp. and Piedmont Natural Gas Company Inc. said Tuesday they want to invest in a new natural gas pipeline into North Carolina that can deliver more of the cheap fuel to customers and especially to new power plants run by the country's largest electricity company.

Petrochemical Plant Protest Turns Violent

April 1, 2014 10:28 am | by Associated Press | News | Comments

A southern Chinese city has vowed to listen to public opinion in deciding whether to go ahead with a petrochemical plant after protests by residents turned into violent riots.                          

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Wyoming Oil & Gas Supervisor Resigns

April 1, 2014 10:09 am | by MEAD GRUVER, Associated Press | News | Comments

Wyoming Oil and Gas Supervisor Grant Black announced his resignation Monday after less than a year on the job, and the state Oil and Gas Conservation Commission named an interim oil and gas supervisor to replace him.                           

4 Hurt, 200 Evacuated After Explosion & Fire At Gas Processing Plant

March 31, 2014 4:19 pm | by Associated Press | News | Comments

A large explosion and fire Monday at natural gas processing plant near the Washington-Oregon border injured four workers and led to the evacuation of about 200 people from nearby homes as flames and a mushroom-shaped cloud of black smoke reached high into the air.

Chevron Searches For Shale Gas In Poland

March 31, 2014 10:46 am | by Associated Press | News | Comments

Poland's gas giant PGNiG says it has signed an agreement with Chevron to jointly hunt for shale gas in southwestern Poland in a move to speed up the exploration.                                  

Persian Gulf Still An Investment Risk

March 31, 2014 10:44 am | by AYA BATRAWY, Associated Press | News | Comments

Despite improvements in regulations and moves to diversify Arab economies away from natural resources, global investors remain wary of doing business in Gulf countries because of regional upheaval and other potentially destabilizing factors, according to a report by The Economist Intelligence Unit released Monday.

No Additional Oil Found In Lake Michigan

March 31, 2014 10:42 am | by Associated Press | News | Comments

The Coast Guard says crews didn't find any more oil during the latest search of the Lake Michigan shore following last week's spill at BP's northwestern Indiana refinery.                     

Neighbors Bicker Over Forced Gas Drilling

March 31, 2014 10:40 am | by KEVIN BEGOS, MARC LEVY, Associated Press | News | Comments

An energy company is dusting off an old, unused state law that can force property owners to accept oil and gas drilling under their land, pitting neighbor against neighbor in a Pennsylvania community and raising the possibility that lawmakers will have to take sides.

Alaskan LNG Project Moves Forward

March 31, 2014 10:33 am | by BECKY BOHRER, Associated Press | News | Comments

Oil and gas company executives said they're prepared to move into the next phase of pursuing a major liquefied natural gas project under terms of a bill that recently passed the Alaska Senate.

Ex-BP Engineer Seeks Sentencing Delay

March 27, 2014 3:46 pm | by Associated Press | News | Comments

A former BP engineer has asked for a delay in his sentencing on an obstruction of justice charge related to the 2010 Gulf oil spill.                                   

North Dakota Oil Spill Cleanup Continues

March 27, 2014 2:59 pm | by JAMES MacPHERSON, Associated Press | News | Comments

One large oil spill in western North Dakota is nearly cleaned up, but work will continue for at least another week on a separate release near the confluence of the Yellowstone and Missouri rivers, the state Health Department says.

China: World's Largest Importer Of Petroleum & Liquid Fuels

March 27, 2014 1:35 pm | by U.S. Energy Information Administration | News | Comments

As of September 2013, China's net imports of petroleum and other liquids exceeded those of the United States on a monthly basis, making it the largest net importer of crude oil and other liquids in the world.                           

Companies To Be Repaid If Drilling Rights Are Rejected

March 27, 2014 10:55 am | by Associated Press | News | Comments

A U.S. Bureau of Land Management official says the government would need to repay $2.6 million to petroleum companies if the U.S. Forest Service decides next year not to allow gas drilling in part of the Wyoming Range.                      

Tight Oil Production Pushes U.S. Supply Over 10% Of World Total

March 27, 2014 10:47 am | by U.S. Energy Information Administration | News | Comments

U.S. tight oil production averaged 3.22 million barrels per day in the fourth quarter of 2013, according to U.S. Energy Information Administration estimates.                                     

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