Advertisement
Oil / Natural Gas
Subscribe to Oil / Natural Gas
View Sample

FREE Email Newsletter

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 Shale Rights For $2.1B

August 14, 2014 9:41 am | by Associated Press | News | Comments

Royal Dutch Shell says it has agreed to sell drilling rights in shale formations in Louisiana and Wyoming for $2.1 billion in two transactions.                           

No Citations In Fatal Pennsylvania Gas Well Fire

August 14, 2014 9:20 am | by Associated Press | News | Comments

Federal authorities have decided against issuing citations in a natural gas well fire in southwestern Pennsylvania that killed one worker earlier this year.                            

State Firm Takes 83% Of Mexican Reserves

August 13, 2014 4:07 pm | by Associated Press | News | Comments

Mexico's state-owned oil company will retain rights to exploit 83 percent of the country's proven and probable reserves, but could form alliances with private firms in some of those fields.                                            

Advertisement

Kentucky Gas Plant Cancelled

August 13, 2014 1:44 pm | by Associated Press | News | Comments

Kentucky Utilities and Louisville Gas & Electric have announced that plans for a natural gas power-generating plant in western Kentucky won't go forward.                              

Judge Rules Against Gas Plant Zoning Exemption

August 13, 2014 9:37 am | by Associated Press | News | Comments

A judge has ruled that Calvert County improperly granted zoning exemptions for a proposed facility to liquefy and export natural gas that has drawn opposition from environmentalists.               

New Natural Gas Pipeline Planned For WV & OH

August 12, 2014 4:10 pm | by Associated Press | News | Comments

A company is planning a $1.75 billion project that includes laying 160 miles of natural gas pipeline in West Virginia and Ohio.                                 

An ammonia leak and fire have shut down a beef processing plant in eastern Nebraska, but no employees were injured.

Cargill Settles Midwestern EPA Dispute

August 12, 2014 4:08 pm | by Associated Press | News | Comments

Cargill Inc. has agreed to pay more than $187,000 to settle allegations that it violated the Clean Water Act at large oil storage facilities in Iowa and Nebraska.                             

Oyster Harvest Still Feels The BP Pain

August 12, 2014 10:36 am | by STACEY PLAISANCE, Associated Press | News | Comments

Gulf Coast oyster harvests have declined dramatically in the four years since a BP PLC oil well blew wild in the nation's worst offshore oil disaster. Even after a modest rebound last year, thousands of acres of oyster beds where oil from the well washed ashore are producing less than a third of their pre-spill harvest.

Advertisement

Utica Shale Region Now Included In Drilling Productivity Report

August 12, 2014 10:20 am | by U.S. Energy Information Administration | News | Comments

The Utica Region in eastern Ohio, one of the fastest growing natural gas production areas in the United States, has been added to the Drilling Productivity Report. Total natural gas production in the Utica Region has increased from 155 million cubic feet per day (MMcf/d) in January 2012 to an estimated 1.3 billion cubic feet per day (Bcf/d) in September 2014.

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.

Trial Set For Ex-BP Exec

August 12, 2014 9:53 am | by Associated Press | News | Comments

A trial is expected to begin the week of March 9 for a former BP executive charged with obstructing a congressional investigation into the 2010 Gulf of Mexico oil spill.                            

Mexico Opens Oil & Gas To Private, Foreign Firms

August 11, 2014 4:30 pm | by MARK STEVENSON, Associated Press | News | Comments

Mexican President Enrique Pena Nieto signed into law on Monday new rules governing a historic opening of the state-run oil, gas and electricity industries to foreign and private companies.                    

Drilling Firm Challenges Waste Ordinance

August 11, 2014 4:28 pm | by JOE MANDAK, Associated Press | News | Comments

A gas and oil drilling company has sued a western Pennsylvania township, claiming that an ordinance passed to ban the disposal of drilling byproducts like fracking fluids and briny water is illegal and trumped by state and federal law.

Keystone Will Produce More Carbon Pollution Than Expected

August 11, 2014 10:48 am | by SETH BORENSTEIN, AP Science Writer | News | Comments

The much-debated Keystone XL pipeline could produce four times more global warming pollution than the State Department calculated earlier this year, a new study concludes.                         

Advertisement

Martin Midstream Pays $120M For Cardinal Gas Storage Partners

August 11, 2014 10:36 am | by Associated Press | News | Comments

Oil and natural gas distributor Martin Midstream Partners said Monday it will pay $120 million to get full ownership of Cardinal Gas Storage Partners, which helps run four natural gas storage facilities in North Louisiana and Mississippi. 

Russia Begins Drilling Northmost Well

August 11, 2014 10:33 am | by Associated Press | News | Comments

The well is part of a joint project between the Russian state-owned oil company Rosneft and ExxonMobil to develop the region's oil reserves, which are estimated at up to 100 billion barrels.                     

1 Dead In Refinery Blast

August 11, 2014 10:24 am | by Associated Press | News | Comments

Mexico's state-owned oil company says one worker died when a gas leak caught fire and shout out flames at a refinery in the northern state of Tamaulipas.                            

The flow of natural gas, water and sand has been stopped at a drilling rig off Louisiana's coast, the operator and federal regulators said Saturday.

U.S. Rig Count Up To 1,908

August 8, 2014 3:35 pm | 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 19 this week to 1,908.                                          

Tribe Demands Fees For Wasted Natural Gas

August 8, 2014 9:22 am | by JAMES MacPHERSON, Associated Press | News | Comments

Tribal leaders on an American Indian reservation in the heart of North Dakota's booming oil patch are proposing fees for companies that burn and waste natural gas.                            

Statoil Comes Up Dry In The Arctic

August 7, 2014 4:06 pm | by KARL RITTER, Associated Press | News | Comments

Norway's Statoil ASA has found no commercial quantities of oil and gas at the northernmost wells it has ever drilled in the Arctic, the government-controlled company said Thursday.                 

Oil Boom & Housing Bust Alter Spending Trends

August 7, 2014 4:00 pm | by CHRISTOPHER S. RUGABER, AP Economics Writer | News | Comments

Americans spend the most, per person, on housing in Washington, D.C., and the least in West Virginia. Those and other figures emerged from a new annual report from the government that for the first time reveals consumer spending on a state-by-state basis. The numbers point to substantial shifts in the economy since the recession ended.

Venezuela Considers Selling Citgo

August 7, 2014 9:49 am | by HANNAH DREIER, FABIOLA SANCHEZ, Associated Press | News | Comments

Venezuela's government has confirmed that it is considering the sale of its oil refining and distribution network in the U.S. amid a worsening economic crisis.                         

Mexico Approves Oil Sector Opening

August 7, 2014 9:45 am | by E. EDUARDO CASTILLO, Associated Press | News | Comments

Mexico's Congress approved a comprehensive energy reform that will break more than seven decades of state monopoly and dramatically expand the role of foreign and private companies in the country's oil and gas industry.              

No Leaks Found In Pavillion Gas Wells

August 7, 2014 9:28 am | by MEAD GRUVER, Associated Press | News | Comments

A draft state report released Wednesday on a possible explanation why well water in a central Wyoming gas field smells foul and tastes bad points away from leaky gas wells as a source of the problem.                

Investigators Fault Chevron For Deadly February Well Fire

August 6, 2014 4:03 pm | by KEVIN BEGOS, Associated Press | News | Comments

Environmental investigators faulted Chevron Inc. site managers in a report released Wednesday on a natural gas well fire in western Pennsylvania that killed one worker.                     

Environmental Groups Cut Ties With The Center For Sustainable Shale Development

August 6, 2014 3:35 pm | by KEVIN BEGOS, Associated Press | News | Comments

Another environmental group has distanced itself from the Pittsburgh-based Center for Sustainable Shale Development, a hotly-debated partnership of major energy companies, green groups and foundations.                     

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading