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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.                     

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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.                     

Fracking Stocks Bring In High Investor Returns

August 6, 2014 10:04 am | by DAVE KOLPACK, Associated Press | News | Comments

Companies that provide hydraulic fracturing technologies and other services in the North Dakota oil patch and elsewhere aren't the only ones making money. People who invest in them are also having a good year.                                       

Big Oil Lawsuit Stirs Up Constitutional Fight In Louisiana

August 6, 2014 9:43 am | by KEVIN McGILL, Associated Press | News | Comments

A south Louisiana flood authority is fighting a new state law aimed at retroactively killing a lawsuit filed last year over coastal damage attributed to oil and gas drilling.                            

Residents Call For Refinery Emission Restrictions

August 5, 2014 3:44 pm | by EMILY SCHMALL, Associated Press | News | Comments

Residents living near oil refineries and environmental activists are asking the U.S. Environmental Protection Agency to adopt stricter emissions standards to reduce communities' exposure to a cancer-causing chemical.                    

Growth Continues In The Marcellus

August 5, 2014 3:42 pm | by U.S. Energy Information Adminstration | News | Comments

Natural gas production in the Marcellus Region exceeded 15 billion cubic feet per day (Bcf/d) through July. The Marcellus Region, mostly located in West Virginia and Pennsylvania, is the largest producing shale gas basin in the United States, accounting for almost 40% of U.S. shale gas production. Marcellus Region production has increased dramatically over the past four years, increasing from 2 Bcf/d in 2010 to its current level.

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Hearing Held In Texas To Address Refinery Rules

August 4, 2014 4:42 pm | by EMILY SCHMALL, Associated Press | News | Comments

Residents will have an opportunity in Galena Park to give their opinion on a series of proposed federal rules that include forcing refineries to report emissions of the cancer-causing chemical benzene.                                     

Colorado Governor Strikes A Fracking Deal

August 4, 2014 3:41 pm | by Associated Press | News | Comments

Colorado's Democratic governor urged those pushing dueling proposals on oil and gas drilling to stop their campaigns to avoid a messy ballot fight and called for a task force to deal with energy development.                

Gas Explosion Investigation Zeroes In On Petrochemical Firm

August 4, 2014 10:37 am | by GLADYS TSAI, RALPH JENNINGS, Associated Press | News | Comments

Authorities in Taiwan's second-biggest city zeroed in on a petrochemical firm in their investigation into a series of gas pipeline explosions that killed 28 people and injured 286, as anger rose over the handling of the disaster.               

Controversy Erupts Over Nigerian Oil Cleanup

August 4, 2014 10:26 am | by MARAM MAZEN, Associated Press | News | Comments

Little action has been taken to clean up pollution caused by oil production in Nigeria's Niger Delta region, either by the government or Shell Oil, Amnesty International and other groups charged Monday.                                      

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 Asks Supreme Court To Hear Settlement Appeal

August 4, 2014 10:02 am | by JANET McCONNAUGHEY, Associated Press | News | Comments

BP PLC has asked the U.S. Supreme Court to throw out part of its settlement of claims for damage from its enormous oil spill in 2010 — a section saying businesses don't have to prove that the spill directly harmed them to be eligible for payment, only that they lost money afterward and recovered in 2011.

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DNR Orders Frack Sand Mine To Cease Operations

July 31, 2014 1:27 pm | by Associated Press | News | Comments

The Minnesota Department of Natural Resources has ordered a southeastern Minnesota frack sand mine to stop operating.                                    

Oneok Plans New Natural Gas Factory In North Dakota

July 31, 2014 1:22 pm | by Associated Press | News | Comments

An Oklahoma energy company says it plans to build another factory in western North Dakota capable of processing 200 million cubic feet of natural gas daily.                           

ConocoPhillips Q2 Profit Up 1.5%

July 31, 2014 1:21 pm | by Associated Press | News | Comments

ConocoPhillips reported net income that increased by 1.5 percent in its second quarter. The results beat analysts' expectations.                                         

Sunoco Pipeline Hit With Setback

July 31, 2014 1:20 pm | by Associated Press | News | Comments

Sunoco Logistics has gotten a setback to its plans to pump propane and ethane in its 300-mile Mariner East pipeline across southern Pennsylvania.                                    

Protesters Rally Against Gas Pipeline

July 31, 2014 1:18 pm | by PHILIP MARCELO, Associated Press | News | Comments

Opponents of expanding a natural gas pipeline through northwestern Massachusetts rallied on Boston Common on Wednesday, asking Gov. Deval Patrick to rescind his support for a new tax on New Englanders' electricity bills to help subsidize it.

Winemakers Whine About Gas Storage

July 31, 2014 1:16 pm | by MARY ESCH, Associated Press | News | Comments

Finger Lakes winemakers and other business owners asked Gov. Andrew Cuomo on Wednesday to deny permits for natural gas and propane storage facilities in former salt mines along Seneca Lake, saying the projects would bring heavy industry, more truck traffic and an unacceptable risk of catastrophic accidents to a region that thrives on tourism.

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 Profits Up On Higher Oil Prices

July 31, 2014 9:36 am | by Associated Press | News | Comments

Royal Dutch Shell PLC, Europe's largest oil company, says second quarter earnings rose on higher production and higher selling prices for oil, and fewer one-time charges.                              

Canada-Billings Pipeline Access Granted

July 30, 2014 4:13 pm | by Associated Press | News | Comments

A refining company will be able to continue operating three pipelines that transport crude oil from Canada after a judge granted access to the final land parcel whose easement had expired.                     

Cyprus To Start Drilling For Gas Offshore

July 30, 2014 4:01 pm | by Associated Press | News | Comments

Cyprus' energy minister said that exploratory drilling in the first of six potential gas fields off the east Mediterranean island's coast is slated to begin before the end of summer.               

Oil and gas company Anadarko Petroleum Corp. is selling its Chinese subsidiary for about $1.08 billion as it focuses more in the U.S. and Mexico.

Anadarko Petroleum Profit Drops 76%

July 30, 2014 10:03 am | by Associated Press | News | Comments

Anadarko Petroleum Corp. (APC) on Tuesday reported net income that declined by 76 percent in its second quarter, and missed analysts' expectations.                            

African Oil & Energy Sector Fuels Global Investor Growth

July 30, 2014 9:24 am | by DHL | News | Comments

While Oil and Gas activity in West Africa is nothing new, it is the activity in East Africa which is creating a stir amongst exploration companies and of course, their suppliers.                                     

Kurdish Oil Stopped At Texas Port

July 29, 2014 5:08 pm | by EMILY SCHMALL, Associated Press | News | Comments

The U.S. has barred a shipment of Kurdish crude oil from reaching the Texas coast amid concerns independent oil sales from Kurdistan could further weaken Iraq's fragile central government as it struggles to contain a Sunni military offensive.

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