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2nd Major Gas Pipeline Would Link Pennsylvania, Northeast

April 13, 2015 11:28 am | by MARY ESCH, Associated Press | News | Comments

Construction workers in economically distressed southern New York are ecstatic about the job possibilities, but landowners who have been fighting the first pipeline for three years are dismayed at the prospect of going through the whole process a second time.

China Tries Former State Oil Boss on Corruption Charges

April 13, 2015 11:23 am | by The Associated Press | News | Comments

A top official who led China's biggest petroleum company and later was assigned to oversee state-owned companies went on trial Monday on charges of corruption and abuse of power.

3 Mitsubishi Firms to Build Methanol Plant in Trinidad And Tobago

April 13, 2015 9:44 am | by The Associated Press | News | Comments

Amid expected growth in global demand for methanol, used in a range of products such as adhesive agents and agricultural chemicals, three Mitsubishi firms are planning to start operating the plant in October 2018.

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Refiners, Retailers Drop Prices, Chase US Drivers' Demand

April 13, 2015 9:37 am | by The Associated Press | News | Comments

The average national price of a regular gallon of gasoline continues to drop.

Report Links Pennsylvania Fracking to Rising Radon Levels

April 10, 2015 4:26 pm | by Andy Szal, Digital Reporter | News | Comments

“By drilling 7,000 holes in the ground, the fracking industry may have changed the geology and created new pathways for radon to rise to the surface,” the study's first author said.

Court Upholds Iowa Natural Gas Tax Reviled by Ethanol Plants

April 10, 2015 12:10 pm | by The Associated Press | News | Comments

Rejecting a challenge from the ethanol industry, the Iowa Supreme Court says the state's tax on the use of natural gas is constitutional.

Pics of The Day: Oil Spill in Vancouver

April 10, 2015 11:03 am | by The Associated Press | News | Comments

An oil spill in Vancouver, Canada on Wednesday has unleashed toxic sludge into the English Bay.

Oilfield Freight Balances Refinery Freight Loss For Railroad

April 10, 2015 10:54 am | by The Associated Press | News | Comments

The Alaska Railroad says supplying oilfield activity on Alaska's North Slope helped offset revenue losses in 2014 from the closure of the North Pole refinery.

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US Again Leads in Petroleum and Natural Gas Production

April 9, 2015 5:16 pm | by Andy Szal, Digital Reporter | News | Comments

Despite a dramatic slide in the price of crude oil in late 2014, the U.S. increased its petroleum output by 3 quadrillion British thermal units during the year.

Pipeline That Leaked Into Montana River Was Split at Weld

April 9, 2015 4:48 pm | by MATTHEW BROWN, Associated Press | News | Comments

A Montana pipeline that spilled 30,000 gallons of oil had been split at the site of an exposed weld where the line crosses beneath the Yellowstone River, officials said, prompting a warning for pipeline companies nationwide to take precautions against flooding.

Utility Won't Appeal $1.6 Billion Penalty For Deadly Blast

April 9, 2015 4:44 pm | by ELLEN KNICKMEYER, Associated Press | News | Comments

California's largest power utility says it won't appeal a record $1.6 billion penalty from the state for a 2010 gas pipeline explosion that killed eight people in a San Francisco suburb.

Analysts: Could Oil Industry Consolidation Mirror 1990s?

April 9, 2015 4:35 pm | by Andy Szal, Digital Reporter | News | Comments

Energy sector observers expect that the $70 billion proposed deal between Royal Dutch Shell and BG Group should be just the first in a wave of oil industry consolidation.

Scientists Seek Source of Giant Methane Mass Over Southwest

April 9, 2015 11:17 am | by COLLEEN SLEVIN, Associated Press | News | Comments

Scientists are working to pinpoint the source of a giant mass of methane hanging over the southwestern U.S., which a study found to be the country's largest concentration of the greenhouse gas.

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California Regulator: State's Utility "Too Big" For Safety?

April 9, 2015 10:04 am | by ELLEN KNICKMEYER, Associated Press | News | Comments

Repeated natural-gas accidents — including a pipeline explosion that killed eight people — suggest that Pacific Gas & Electric Co., California's largest power utility, may be too big to operate safely, the state's top utility regulator says.

Big Oil Deposit Near London Airport, But Will be Hard to Tap

April 9, 2015 9:58 am | by DANICA KIRKA, Associated Press | News | Comments

A British energy company says there is oil, and lots of it, near London's Gatwick Airport. The question is how much of it can be pumped from the ground.

Report Expects Demand For Oilfield Chemicals To Increase

April 8, 2015 5:03 pm | by Andy Szal, Digital Reporter | News | Comments

The analysis projects that technological advances and continued exploration and development of oil and gas reserves will generate an average annual growth rate of 6 percent in oilfield chemicals.

3 Finance Stories to Watch — And What They Mean For Chemical Manufacturers

April 8, 2015 4:59 pm | by Meagan Parrish, Editor, Chem.Info | News | Comments

Follow the money.

Shell Seeks Order to Remove Protesters From Arctic drill Rig

April 8, 2015 10:48 am | by DAN JOLING, Associated Press | News | Comments

Attorneys for Royal Dutch Shell PLC on Tuesday sued in federal court to remove six Greenpeace activists who boarded a vessel carrying an oil-drilling rig leased by Shell across the Pacific.

Shell Looks to Acquire BG Group in Historic $70B Deal

April 8, 2015 9:57 am | by Andy Szal, Digital Reporter | News | Comments

Royal Dutch Shell has agreed to acquire U.K.-based BG Group in one of the largest deals ever in the oil and gas sector.  

Is Fracking Responsible For Earthquakes In Oklahoma?

April 8, 2015 9:26 am | by Maura Falk, Associate Editor, Industrial Maintenance & Plant Operations | Articles | Comments

As the earthquakes in Oklahoma increase, the debate over the link between seismic activity and fracking rages on.

5 Years After BP Spill, Industry Touts Ability to Respond

April 7, 2015 4:58 pm | by CAIN BURDEAU, Associated Press | News | Comments

Oil companies say they can clean up offshore spills far faster today than five years ago when BP's Macondo well blew out 45 miles (72 kilometers) off the coast of Louisiana, spawning the nation's worst offshore oil spill.

Summer Gas Prices Expected to be 32 Percent Lower This Year

April 7, 2015 4:50 pm | by DAMIAN J. TROISE, AP Business Writer | News | Comments

Drivers will see the lowest summer gasoline prices in about 6 years, according to the Energy Department.

Mexico, First Reserve Strike $1B Energy Investment Deal

April 7, 2015 4:46 pm | by The Associated Press | News | Comments

Mexico's state-run oil company and U.S.-based First Reserve are announcing a $1 billion deal to invest in the energy sector.

Greenpeace Group Boards Arctic Offshore Drill Rig in Pacific

April 7, 2015 10:46 am | by DAN JOLING, Associated Press | News | Comments

The 400-foot Polar Pioneer, owned by Transocean Ltd., was on board a heavy-lift vessel about 750 miles northwest of Hawaii when the activists approached in inflatable boats and used climbing gear to get on board.

US Safety Board: Oil Train Tank Cars Need Urgent Upgrades

April 7, 2015 9:49 am | by MATTHEW BROWN, Associated Press | News | Comments

Fuel-hauling tank cars need retrofits to prevent more explosive train wrecks — and the public can't wait another decade for the improvements as has been suggested by industry, U.S. safety officials said.

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