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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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A couple of weeks ago one of Chevron's fracking well pads exploded and caused a deadly fire in a small town in Pennsylvania. Since, the apology letters and coupons for free pizza have met with a great deal of internet scorn. Is there a "right" way to apol

Catching A Runaway Train

July 29, 2014 4:42 pm | by Nikita Ernst, Associate Editor | Blogs | Comments

Does it feel like we've been plagued with train accidents this year? It seems like we get news of another train collision once a week. The latest incident brings into sharp focus an ongoing problem we face in continuing to use one of the oldest transportation technologies for moving volatile materials.

Attorney Claims Oklahoma Drilling Tax Unconstitutional

July 29, 2014 4:26 pm | by Associated Press | News | Comments

An attorney claims a state law that sets Oklahoma's tax on oil and gas production is unconstitutional. Jerry Fent told a state Supreme Court referee Tuesday the measure does not comply with constitutional guidelines for the passage of revenue bills.

Oil Refinery Fire Injures 4

July 29, 2014 3:27 pm | by Associated Press | News | Comments

Four workers at an oil refinery in southeast Kansas were burned Tuesday in an early morning fire, the Texas company said.                                    

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 Warns That Russian Sanctions Will Impact Profits

July 29, 2014 9:57 am | by DANICA KIRKA, Associated Press | News | Comments

Energy company BP warned Tuesday that further international sanctions on Russia could hurt its profits because of its stake in the country's oil giant, Rosneft.                           

Hydrocarbon Management Training Guide

July 29, 2014 9:26 am | Product Releases | Comments

The Energy Institute (EI)'s Hydrocarbon Management Committee (HMC) has developed new online training and good practice guidance to support greater understanding in this field.

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Industrial Fire Cleanup Could Take Months

July 28, 2014 10:32 am | by Associated Press | News | Comments

Cleanup efforts continue at the still-smoking site of an oil field supply company in North Dakota. The EPA On-Scene Coordinator said it would not surprise him if it took two months to clean up the site in Williston, though workers are hoping it will be quicker.

North Dakota Refinery Almost Complete

July 28, 2014 10:28 am | by Associated Press | News | Comments

Construction of an oil refinery near Dickinson is about three-fourths complete, and most of the jobs that will be created there have already been filled.                                   

Oil Depot Ablaze

July 28, 2014 10:25 am | by MAAMOUN YOUSSEF, Associated Press | News | Comments

A fire at the oil depot for the airport in Libya's capital raged out of control Monday after being struck in the crossfire of warring militias battling for control of the airfield, the latest violence to plague the country as foreigners flee the chaos.

Oil Company Sues Utah County Over Pipeline Rules

July 28, 2014 10:17 am | by Associated Press | News | Comments

A Texas oil company is suing a Utah county over its new ordinances imposing restrictions on underground pipelines.                                        

Britain Reopens The Way For Fracking

July 28, 2014 10:14 am | by MATTHEW KNIGHT, Associated Press | News | Comments

Energy firms will be able to bid for licenses Monday to explore for shale gas in Britain, three years after the controversial fracking process caused seismic tremors which led the government to suspend operations.             

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Oil Train Derails In Seattle

July 24, 2014 2:36 pm | by Associated Press | News | Comments

Nothing spilled when three tanker cars in an oil train from North Dakota derailed at a rail yard, but it alarmed environmentalists.                                      

U.S. Refineries Running At Record Levels

July 24, 2014 9:55 am | by U.S. Energy Information Administration | News | Comments

Last year was the third year in a row that North American refineries showed considerably higher profitability than European refineries as measured by earnings per barrel processed.                           

Slow Emergency Response Raises Safety Concerns In The Oil Fields

July 24, 2014 9:43 am | by JOSH WOOD, Associated Press | News | Comments

A more efficient system must be established to alert residents of danger in North Dakota's booming oil patch, an emergency manager and residents said, after authorities failed to alert the public for more than six hours when a facility storing toxic chemicals exploded. 

Oil Gains On Sharp Drop In U.S. Supplies

July 23, 2014 4:54 pm | by Associated Press | News | Comments

The price of oil rose Wednesday after the government reported that U.S. oil supplies rose more than expected.                                              

Air Quality Deemed Safe After Oil Supply Plant Fire

July 23, 2014 4:51 pm | by JOSH WOOD, Associated Press | News | Comments

Air quality tests at the site of an industrial fire in Williston showed levels "that would not raise concern," according to North Dakota Department of Health Air Quality Division director Terry O'Clair.                            

New Safety Rules Proposed To Phase Out Old Oil Trains

July 23, 2014 4:48 pm | by Associated Press | News | Comments

Thousands of older rail tank cars that carry crude oil would be phased out within two years under regulations proposed Wednesday in response to a series of fiery train crashes over the past year, including a runaway oil train that exploded in the Quebec town of Lac-Megantic, killing 47 people.

Oil Supply Plant Fire Finally Extinguished

July 23, 2014 10:07 am | by JOSH WOOD, Associated Press | News | Comments

A massive blaze that shot fireballs into the sky at an oil supply and logistics company in a western North Dakota oil patch hub has been extinguished, according to the town's fire department.                                      

Industrial Fire's Cause Still Unknown

July 23, 2014 10:05 am | by JOSH WOOD, Associated Press | News | Comments

More than half a day after an industrial fire broke out in the North Dakota oil patch town of Williston, authorities still were unable to say what caused the massive blaze.                          

Flaws Found In Gas Drilling Regulation

July 22, 2014 4:51 pm | by Associated Press | News | Comments

Pennsylvania's state auditor general released a performance audit report saying the Department of Environmental Protection lacks a clear policy on the timeliness and frequency of inspections of the thousands of wells and does not routinely verify information the industry provides about waste disposal.

Opponents Petition To Halt Vermont Pipeline Construction

July 22, 2014 4:48 pm | by Associated Press | News | Comments

Critics of a natural gas pipeline expansion in western Vermont want construction halted while state regulators review a recent 40 percent increase in the project's cost estimate.                              

Lawsuit Expected After Tar Sands Oil Ban

July 22, 2014 4:42 pm | by Associated Press | News | Comments

With a potential lawsuit targeting a decision to ban tar sands oil in South Portland, the governor's energy chief said that he hopes the state can eventually have a conversation about managing the flow of petroleum products rather than having it decided locally.

Saltwater Spill Cleanup Could Take Years

July 22, 2014 10:30 am | by Associated Press | News | Comments

The site where an underground pipeline leaked 1 million gallons of saltwater into the North Dakota badlands earlier this month could take years to clean up, an official of Native American tribes involved in the cleanup said Monday.           

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