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In the dessert of Oman, the water used to drill for crude oil is being cleaned using only reeds, gravity, sunlight and hungry microbes.

Naturally Purifying Drilling Water

March 21, 2014 1:00 am | by Shell | Videos | Comments

In the dessert of Oman, the water used to drill for crude oil is being cleaned using only reeds, gravity, sunlight and hungry microbes.                                            

Cyprus Peace May Ease European Gas Fears

March 20, 2014 10:40 am | by MENELAOS HADJICOSTIS, Associated Press | News | Comments

An agreement to reunify ethnically divided Cyprus could ease the supply of newly-found offshore gas to Europe by allowing it to go through Turkey, the U.S. ambassador to the east Mediterranean island nation said Thursday.

Crude Oil Inventories Down 29%

March 20, 2014 10:37 am | by U.S. Energy Information Administration | News | Comments

Crude oil inventories at Cushing, Oklahoma, the primary crude oil storage location in the United States and the delivery location for the New York Mercantile Exchange (Nymex) West Texas Intermediate (WTI) crude oil futures contract, declined 12 million barrels (29%) over the past seven weeks.

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AR Lawmakers Override Gas Tax Break Veto

March 20, 2014 10:33 am | by ANDREW DeMILLO, Associated Press | News | Comments

The Arkansas Legislature overrode Gov. Mike Beebe's veto of a $5 million tax exemption for natural gas drillers, despite the governor's warning that including the tax break in a budget bill was unconstitutional and jeopardizes pay raises proposed for state workers.

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.

BP Wins 24 Bids In Gulf Oil Sale

March 20, 2014 10:29 am | by JANET McCONNAUGHEY, Associated Press | News | Comments

High bids from Freeport-McMoRan Oil & Gas LLC made up more than one-third of the $850.8 million total at Wednesday's federal oil lease sale for the central Gulf of Mexico. It also was the first sale since the government said BP PLC can again secure federal contracts; the company made $41.6 million in high bids.

AK Senate Passes Gas Project Bill

March 19, 2014 11:11 am | by BECKY BOHRER, Associated Press | News | Comments

The Alaska Senate on Tuesday passed legislation aimed at advancing a major liquefied natural gas project, over nagging concerns about the role of TransCanada Corp.                     

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.

BP Makes 31 Bids On Gulf Oil Lease Sale

March 19, 2014 11:09 am | by Associated Press | News | Comments

In the first federal oil lease sale since the government said BP PLC can again get federal contracts, BP has bids on 31 tracts in the central Gulf of Mexico.                                 

OH Oil Pipeline Springs Thousand-Gallon Leak

March 18, 2014 4:52 pm | by DAN SEWELL, Associated Press | News | Comments

Thousands of gallons of crude oil has leaked from an interstate pipeline into the area of a southwest Ohio nature preserve, authorities said.                               

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Palestine Wants To Drill For Oil In The West Bank

March 18, 2014 4:49 pm | by JOSEF FEDERMAN, Associated Press | News | Comments

The Palestinian Authority announced plans to explore for oil in the West Bank, throwing a new element of uncertainty and confusion into troubled U.S.-backed peace efforts.                     

New England Calls For More Natural Gas Pipelines

March 18, 2014 4:48 pm | by Associated Press | News | Comments

New England's electric grid operator says a lack of pipelines is making natural gas costlier, pushing up wholesale electricity prices in the region by 55 percent last year.                           

ND Entices Workers

March 18, 2014 10:40 am | by JAMES MacPHERSON, Associated Press | News | Comments

Hoping to attract workers to fill more than 25,000 jobs, Lt. Gov. Drew Wrigley and the North Dakota Economic Development Foundation unveiled a "Find the Good Life in North Dakota" campaign at the state Capitol in Bismarck.                         

Colorado Oil Company Facing Spill Fines

March 17, 2014 5:02 pm | by JAMES MacPHERSON, JOSH WOOD, Associated Press | News | Comments

A Colorado oil company will likely be sanctioned for not heeding a warning to properly secure a North Dakota well that flooded and spilled oil near the confluence of the Yellowstone and Missouri rivers.             

NJ To Ban All Fracking Waste

March 17, 2014 4:52 pm | by WAYNE PARRY, Associated Press | News | Comments

New Jersey lawmakers are considering a ban on treating or storing waste products created by hydraulic fracturing operations in the natural gas exploration industry.                        

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Environmental Regulators Slow To Clean Up Oil Spill

March 17, 2014 11:07 am | by JAY REEVES, Associated Press | News | Comments

Environmental regulators promised an aggressive cleanup after a tanker train hauling 2.9 million gallons of crude oil derailed and burned in a west Alabama swamp. So why is dark, smelly crude oil still oozing into the water four months later?

Clayton Williams Energy Sells $71M In Wells & Leases

March 17, 2014 11:01 am | by Associated Press | News | Comments

The Midland-based oil and gas company announced it closed the sale on select holdings in Wilson, Brazos, La Salle, Frio and Robertson counties.                           

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).

Undersea Leak Closes Shell Nigeria Terminal

March 17, 2014 10:54 am | by Associated Press | News | Comments

The biggest oil producer in Nigeria refused to say how many thousands of barrels of exports are affected by the closure.                                        

Navy SEALs Seize Rebel-Held Oil Tanker

March 17, 2014 10:50 am | by Associated Press | News | Comments

A team of Navy SEALs has taken control of a stateless oil tanker seized earlier in the month by Libyan rebels, the Pentagon said Monday.                                   

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 Renews CO Oil Shale Search

March 17, 2014 10:42 am | by DENNIS WEBB, Grand Junction Daily Sentinel | News | Comments

ExxonMobil has edged another step closer to undertaking oil shale research-and-development projects with the Bureau of Land Management's approval of development plans.                              

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.

BP Regains Government Contracts

March 14, 2014 10:49 am | by DINA CAPPIELLO, Associated Press | News | Comments

Under an agreement reached Thursday with the U.S. Environmental Protection Agency, more than two dozen BP entities and its Houston-based oil production and exploration arm can secure new government contracts.                      

ND Posts 933K Barrels Of Oil Daily

March 14, 2014 10:40 am | by Associated Press | News | Comments

State data show North Dakota's oil production in January saw a small increase compared to the previous month.                                        

 Gen. James Jones

Former National Security Adviser: Build Keystone Pipeline

March 14, 2014 10:26 am | by MATTHEW DALY, Associated Press | News | Comments

President Barack Obama's former national security adviser said Thursday that Obama should approve the Keystone XL oil pipeline to send Russian President Vladimir Putin a message that "international bullies" can't use energy security as a weapon. 

Natural Gas: A Geo-Political Tool Or Modern Weapon?

March 14, 2014 1:00 am | by Tom Kadala | Blogs | Comments

With the U.S. on the verge of entering the conflict between Russia and the Ukraine, Obama and Congress are eyeing natural gas exports as a way to rein in Vladimir Putin from reclaiming border territories. We are now faced with the choice to let natural gas serve as a geo-political tool to enable a global energy transformation or a modern weapon to settle disputes.

Fracking Secrets Case Bounces Through WY Courts

March 13, 2014 10:30 am | by MEAD GRUVER, Associated Press | News | Comments

The high court sent the case back to a lower court on a technicality, but noted that Wyoming didn't offer enough evidence that the state oil and gas supervisor was correct to withhold the ingredient lists in response to requests for them.   

How To Report A Gas Leak

March 13, 2014 9:57 am | by Associated Press | News | Comments

The explosion that leveled two apartment buildings in New York on Wednesday, apparently because of a gas leak, prompted authorities to renew their appeals to the public to report possible gas leaks immediately.                       

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 Reduces U.S. Investment 20%

March 13, 2014 9:50 am | by Associated Press | News | Comments

Shell's Chief Executive Officer Ben van Beurden says the company will cut capital spending in the U.S. by 20 percent in 2014 after setbacks in its shale gas operations and in Alaska.                        

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