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States Confront Worries About Fracking & Earthquakes

June 25, 2014 4:41 pm | by EMILY SCHMALL, KRISTI EATON, Associated Press | News | Comments

In recent years, earthquakes have become commonplace in Texas, Kansas and Oklahoma. Most were too weak to cause serious damage, but they've rattled nerves and raised suspicions that the shaking might be connected to oil and gas fracking, especially the wells in which the industry disposes of its wastewater.

Putin: U.S. Is Trying To Derail Pipeline Plan

June 25, 2014 10:45 am | by Associated Press | News | Comments

The U.S. is trying to derail a project to build a gas pipeline that bypasses Ukraine to supply Europe, according to Russian President Vladimir Putin, after Russian and Austrian energy firms agreed to build the pipeline's western end.

North Dakota Pushes For More Pipelines

June 25, 2014 10:33 am | by JAMES MacPHERSON, Associated Press | News | Comments

Gov. Jack Dalrymple urged industry and government officials to build more pipelines to keep pace with the breakneck speed of North Dakota's oil production.                               

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Oil Train Data Reveals Heavy Traffic

June 25, 2014 10:20 am | by MATTHEW BROWN, Associated Press | News | Comments

Disclosures from railroads about volatile oil shipments from the Northern Plains show dozens of the trains passing weekly through Illinois and the Midwest and up to 19 a week reaching Washington state on the West Coast.                 

Reserves & Profits Abound For U.S. Oil & Gas

June 24, 2014 3:18 pm | by Ernst & Young Global Limited | News | Comments

The annual study looks at US exploration and production (E&P) spending and performance data over the past five years for the largest 50 companies based on end-of-year oil and gas reserve estimates.                                   

50th Anniversary Of The LNG Tanker

June 24, 2014 10:57 am | by U.S. Energy Information Administration | News | Comments

The world's first purpose-built liquefied natural gas (LNG) carrier, the Methane Princess, entered service 50 years ago, in June 1964. Since then, the global LNG carrier fleet has grown to include 357 ships, with an average capacity of 150,000 cubic meters of LNG per ship (approximately 3,300 million cubic feet (MMcf) of natural gas), more than five times larger than the capacity of the Methane Princess.

Hi-Crush Partners LP Announces Long-Term Frac Sand Purchase Agreement

June 24, 2014 10:39 am | by Associated Editor | News | Comments

Hi-Crush Partners LP, or Hi-Crush, announced the entry into a new long-term frac sand purchase agreement between Hi-Crush Operating LLC, a subsidiary of Hi-Crush, and Halliburton Energy Services, Inc., or Halliburton, which amends and restates the existing supply agreements between Hi-Crush and its affiliates and Halliburton.

Oil Price Steady As Investors Eye Iraq

June 24, 2014 10:27 am | by Associated Press | News | Comments

The price of oil was steady Tuesday as investors monitored the insurgency roiling Iraq for any signs it could affect its oil production and exports.                                     

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Significant Hydrocarbon Discovery In Siberia

June 24, 2014 10:25 am | by Associated Press | News | Comments

Spanish energy company Repsol has announced what it says is a significant hydrocarbon discovery in a relatively unexplored part of West Siberia.                                  

Pipeline Eruption Causes Concern

June 24, 2014 10:17 am | by Associated Press | News | Comments

Kansas health officials on Monday were at the site of natural gas pipeline eruption in eastern Kansas, where crops and trees have withered since a dark, oily plume burst from the line while crews were trying to perform maintenance.                

Exporatory Drilling Planned In Idaho

June 23, 2014 11:02 am | by Associated Press | News | Comments

The U.S. Forest Service has given an Australia-based mining company permission to conduct exploratory drilling at eight locations at Hall Mountain in northern Idaho to search for rare earth elements.                                

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).

Fishermen Reject Shell's $50M Oil Spill Payout

June 23, 2014 10:58 am | by MICHELLE FAUL, Associated Press | News | Comments

Thousands of Nigerian fishermen have rejected an offer of $50 million from Royal Dutch Shell for "some of the largest oil spills in history," their British lawyers said after winning a landmark court ruling.                  

U.S. Rig Count On The Rise

June 23, 2014 10:54 am | by Associated Press | News | Comments

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by four this week to 1,858.                                       

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7,500 Gallons Of Oil Spill Into The Colorado River

June 23, 2014 10:52 am | by Associated Press | News | Comments

A storage tank damaged by floodwaters dumped 7,500 gallons of crude oil into the Poudre River near Windsor in northern Colorado, slickening vegetation a quarter-mile downstream, but apparently not affecting any drinking water, state officials said Friday.

Fracking In A National Park

June 23, 2014 10:48 am | by JOSH WOOD, Associated Press | News | Comments

Today, the resurgent American oil industry is tapping into this rugged landscape, so the vistas that soothed Roosevelt's grief and helped instill his zeal for conservation now include oil rigs and flares used to burn off natural gas that comes to the surface. 

HSU Receives $5.8M Grant For Biomass Research

June 19, 2014 1:36 pm | by Humboldt State University | News | Comments

Humboldt State University, along with 15 regional partners, has received a $5.88 million grant from the U.S. Department of Energy to conduct innovative biomass research.                          

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 Begins Multi-Billion Dollar Expansion In Texas

June 19, 2014 1:33 pm | by ExxonMobil | News | Comments

ExxonMobil Chemical Company announced that it has started construction of a multi-billion dollar ethane cracker at its Baytown, Texas, complex and associated premium product facilities in nearby Mont Belvieu.                  

Texas Gas Town Considers Banning Fracking

June 19, 2014 12:53 pm | by EMILY SCHMALL, Associated Press | News | Comments

For more than a decade, Denton has drawn its lifeblood from the huge gas reserves that lie beneath its streets. The gas fields have produced a billion dollars in mineral wealth and pumped more than $30 million into city bank accounts. But this former farming center north of Dallas is considering a revolt.

Great Lakes Mayors Call For Tougher Oil Shipment Rules

June 19, 2014 12:47 pm | by Associated Press | News | Comments

An organization representing mayors of cities in the Great Lakes region says the U.S. and Canada should do more to protect the environment from oil spills.                      

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.                                  

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.                      

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