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Violence Breaks Out At Oil Refinery

June 18, 2014 4:26 pm | by SAMEER N. YACOUB, QASSIM ABDUL-ZAHRA, Associated Press | News | Comments

Iraqi security forces battled insurgents targeting the country's main oil refinery and said they regained partial control of a city near the Syrian border, trying to blunt a weeklong offensive by Sunni militants who diplomats fear may have also seized some 100 foreign workers.

Montana Will Release Oil Train Details

June 18, 2014 4:20 pm | by MATTHEW BROWN, Associated Press | News | Comments

Montana officials said they intend to release details next week on the frequency of oil trains passing through the state, despite efforts by railroads to keep the information from the public after a string of fiery accidents raised safety concerns. 

Washington Residents Rail Against Oil Shipments

June 18, 2014 10:27 am | by NICHOLAS K. GERANIOS, Associated Press | News | Comments

Numerous speakers told a state Senate committee that they oppose the rapid increase in railcars carrying crude oil from the Bakken fields of North Dakota and Montana through the state.                                  

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California Releases Revised Fracking Regulations

June 17, 2014 4:38 pm | by Associated Press | News | Comments

California oil regulators have released updated rules governing well stimulation jobs including hydraulic fracturing. The revisions are a continuation of the draft rules released last year.                          

North Dakota Now Produces 1M Barrels Of Oil A Day

June 17, 2014 4:37 pm | by Associated Press | News | Comments

North Dakota is now producing 1 million barrels of oil per day, with a large part of the credit due to the rich Bakken shale formation in the western part of the state.                        

Court Sides With Minnesota Frack Sand Mine

June 17, 2014 1:39 pm | by Associated Press | News | Comments

The Minnesota Court of Appeals has turned back a challenge to Winona County newest frack sand mine. Twelve residents challenged the county board's approval for a condition use permit for the 19-acre sand mine in Saratoga Township.                      

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 Sells $5B Stake In Woodside

June 17, 2014 10:01 am | by Associated Press | News | Comments

Royal Dutch Shell PLC says it is selling a 19 percent stake in Australia's Woodside Petroleum Limited, worth around $5 billion.                                       

Pipeline Shares Skyrocket After Natural Gas Processor Purchase

June 16, 2014 2:58 pm | by Associated Press | News | Comments

Shares of Williams Cos. hit an all-time high Monday after the pipeline operator agreed to buy a part of natural gas processor Access Midstream Partners LP for nearly $6 billion.                               

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"Big Oil" Lawsuit Issues Linger In Lousiana

June 16, 2014 11:21 am | by KEVIN McGILL, Associated Press | News | Comments

Legislation aimed at killing a south Louisiana flood board's lawsuit against the oil and gas industry has been passed and signed into law, but nothing is settled yet — including the future membership of the flood board itself.                

Feds Inspecting Less Than Half Of High-Risk Wells

June 16, 2014 11:15 am | by HOPE YEN, THOMAS PEIPERT, Associated Press | News | Comments

Four in 10 new oil and gas wells near national forests and fragile watersheds or otherwise identified as higher pollution risks escape federal inspection, unchecked by an agency struggling to keep pace with America's drilling boom, according to review that shows wide state-by-state disparities in safety checks.

Oilfield Company Leaves Switzerland Over Pay Rules

June 16, 2014 11:10 am | by Associated Press | News | Comments

The oilfield services company Weatherford International Ltd. says shareholders have approved a move from Switzerland to Ireland.                                       

U.S. Crude Exports At Highest Level In 15 Years

June 16, 2014 10:52 am | by U.S. Energy Information Administration | News | Comments

The United States exported 268,000 barrels per day (b/d) of crude oil in April (the latest data available from the U.S. Census Bureau), the highest level of exports in 15 years.                              

Judge Backs Alberta Clipper Pipeline Expansion

June 13, 2014 10:20 am | by Associated Press | News | Comments

An administrative law judge recommended that Minnesota regulators approve an expansion of Enbridge Energy's Alberta Clipper crude oil pipeline across northern Minnesota.                         

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Washington Governor Wants Agencies Studying Oil Train Risks

June 13, 2014 10:17 am | by Associated Press | News | Comments

Citing new safety and environmental risks as more crude oil moves by train through Washington, Gov. Jay Inslee directed state agencies to evaluate the safety of oil transport in the state.                       

Dept. Of The Interior Seeks Over $500K From Gas Developer

June 13, 2014 10:08 am | by MEAD GRUVER, Associated Press | News | Comments

The Interior Department office that oversees revenue collection from oil and gas leases announced that it is seeking a $533,520 civil penalty against a gas developer the agency said failed to report production on federal leases in northeast Wyoming.

Judge Orders New Trial For Ex-BP Engineer

June 13, 2014 10:05 am | by KEVIN McGILL, Associated Press | News | Comments

U.S. District Judge Stanwood Duval threw out Kurt Mix's obstruction-of-justice conviction, saying that remarks a jury forewoman overheard outside of the courtroom influenced the verdict.                           

Scientists Still Finding Deepwater Horizon Oil On Shore

June 13, 2014 9:47 am | by Bigelow Laboratory for Ocean Sciences | News | Comments

Years after the 2010 Deepwater Horizon Oil spill, oil continues to wash ashore as oil-soaked "sand patties," and questions remain about how much oil has been deposited on the seafloor.                             

Oil Boom Boosts Archaeology Jobs

June 12, 2014 10:21 am | by JOSH WOOD, Associated Press | News | Comments

Drilling crews are eager to plunge their equipment into the ground. Road builders are ready to start highway projects, and construction workers need to dig. But across the hyperactive oil fields of North Dakota, these and other groups have to wait for another team of specialists known for slow, meticulous study: archaeologists.

OPEC: The Price Of Oil Is Just Right

June 12, 2014 10:15 am | by JONATHAN FAHEY, AP Energy Writer | News | Comments

Dramatic changes in oil production around the globe are balancing each other out instead of wreaking havoc. This has helped world oil prices stay high enough to provide OPEC countries with robust income, but not so high that they scare customers away from buying more of their precious product.

Drilling States Investigate Man-Made Earthquakes

June 12, 2014 10:13 am | by JULIE CARR SMYTH, Associated Press | News | Comments

Ohio is leading a group of drilling states working with seismology experts from energy companies, government agencies and universities across the U.S. on how best to detect and regulate human-induced earthquakes.                                

Consol & Noble Energy Form Pipeline Venture

June 12, 2014 10:11 am | by Associated Press | News | Comments

Oil and gas producers Consol Energy and Noble Energy said that they plan to form a new publicly traded joint venture that will operate natural-gas pipelines in the Marcellus Shale region in the Eastern U.S.                              

Are Quebecers Irrationally Opposed To Shale?

June 12, 2014 10:09 am | by University of Montreal | News | Comments

Quebecers are particularly hostile toward the development of shale gas, but this aversion is driven less by 'not in my backyard' attitudes than 'not in anyone's backyard, according to a comparative study of 2,500 Quebecers and Americans conducted by the University of Montreal's Department of Political Science.

$400M Investment Will Spur Oil Drilling In Louisiana & Mississippi

June 10, 2014 10:54 am | by JEFF AMY, Associated Press | News | Comments

A private equity firm will invest up to $400 million to support efforts by Houston-based Halcón Resources Corp to drill for oil on the 314,000 acres that Halcón has leased in the Tuscaloosa Marine Shale of southwest Mississippi and southeast Louisiana. 

Pipeline Proposal Prompts Criticism In Massachusetts

June 10, 2014 10:49 am | by TIMOTHY D. MAY, Associated Press | News | Comments

A proposal to build a new pipeline carrying natural gas is stirring criticism in Massachusetts, where more than a dozen towns near the potential path of the 250-mile line have passed resolutions against the project.                  

Natural Gas Investor Drops $4.25B On Shale

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

Natural gas wildcatter Aubrey McClendon's American Energy Partners LP has invested $4.25 billion in lease holdings and drilling rights in four states.                          

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