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Satellites See Hot Spot Of Methane In The Southwest

October 9, 2014 5:21 pm | by Seth Borenstein, AP Science Writer | News | Comments

A satellite that measured the potent global-warming gas methane in the atmosphere has found a surprising hot spot over the southwestern U.S.                               

Ad Campaign To Bolster Fracking

October 9, 2014 10:23 am | by Big Market Research | News | Comments

Shale drillers must overcome image issues and endeavors to raise charges in the event that they need to grab a chance to make Pennsylvania a long term energy center, analyst and administrators stated.                             

Deal Struck To Replace Midla Pipeline

October 9, 2014 10:21 am | by Associated Press | News | Comments

American Midstream Partners will build a new natural gas pipeline that will preserve service to thousands of customers from Winnsboro, Louisiana, to Natchez, Mississippi.                                  

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Lego Scraps Shell After Arctic Protest

October 9, 2014 10:19 am | by JAN M. OLSEN, Associated Press | News | Comments

Danish toy maker Lego said Thursday it won't renew a deal allowing Shell to hand out Lego sets at its gas stations in some 30 countries, following a viral campaign protesting Arctic drilling.                                   

Missing Oil Tanker Released By Pirates

October 9, 2014 10:13 am | by MINH V. TRAN, Associated Press | News | Comments

A Vietnamese oil tanker missing for a week was released by pirates who stormed the ship and siphoned off some of its cargo, a crew member said Thursday.                           

Perry Seeks Unlimited Gas & Oil Exports

October 9, 2014 10:09 am | by JEFF AMY, Associated Press | News | Comments

Texas Gov. Rick Perry is calling for unlimited natural gas and oil exports, saying it would help the American economy and aid American allies threatened by Russia's control of European natural gas supplies.                        

Train Carrying Petroleum Distillate Derails, Catches Fire

October 7, 2014 5:19 pm | by Associated Press | News | Comments

A Canadian National Railway Company freight train carrying dangerous goods has derailed in central Saskatchewan in Canada and has caught fire.                                  

New Experimental Data Released To Enhance CO2 Pipeline Design

October 7, 2014 10:01 am | by DNV GL - Oil & Gas | News | Comments

First-of-its-kind data relating to the depressurisation of CO2 pipelines is being made freely available today through industry cooperation. This will help fill knowledge gaps associated with the safe and reliable pipeline transport of CO2 and result in cost efficiencies through a significantly improved design basis for CO2 pipelines.

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Turkey Cracks Down On Oil Smugglers Aiding IS

October 6, 2014 10:20 am | by DESMOND BUTLER, Associated Press | News | Comments

Analysts estimate that the Islamic State group gets up to $3 million a day in revenue from oil fields seized in Iraq and Syria. Oil smuggling was a booming business until about six months ago, when Turkish authorities ramped up a multi-layered crackdown that has significantly disrupted the illicit trade... 

Chevron Selling Duvernay Stake For $1.5B

October 6, 2014 10:16 am | by Associated Press | News | Comments

Chevron's Canadian subsidiary is selling its 30 percent stake in its Duvernay shaleplay to Kuwait Foreign Petroleum Exploration Co. in a $1.5 billion deal.                                       

$627M In Gulf Oil Spill Recovery Projects Approved

October 6, 2014 10:12 am | by JEFF AMY, Associated Press | News | Comments

Officials approved plans Friday to spend $627 million on 44 projects meant to aid recovery from the 2010 oil spill in the Gulf of Mexico, but environmentalists are fuming that $58 million will go to an Alabama beachfront hotel they say will hurt rather than help the Gulf.

Fire At Offshore Platform Prompts Evacuation

October 3, 2014 10:28 am | by RACHEL D'ORO, Associated Press | News | Comments

A fire Thursday at an offshore natural gas platform in Alaska's Cook Inlet destroyed the crew's living quarters and forced four workers to evacuate.                                                    

Pluspetrol Buys Apco Oil & Gas For $427M

October 3, 2014 10:24 am | by Associated Press | News | Comments

Oil and gas exploration and production company Pluspetrol Resources is buying Apco Oil and Gas for $427 million.                                          

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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).

Auger: The Deep Water Pioneer

October 3, 2014 1:00 am | by Shell | Videos | Comments

Using a new breed of seismic technology, Shell’s engineers discovered a whole untapped field – called Cardamom – hidden behind a vast salt deposit, 4 miles (6.4 km) below the sea floor. To reach its oil, Auger drilled one of the world’s longest wells. 

Baker Hughes Disclosing Fracking Chemicals

October 2, 2014 10:24 am | by JONATHAN FAHEY, AP Energy Writer | News | Comments

The drilling services company Baker Hughes implemented a policy of disclosing all of the chemicals used in its fracking operations.                                  

Dover Acquires Accelerated Companies LLC

October 2, 2014 10:22 am | by Associated Press | News | Comments

Dover announced that it has acquired Accelerated Companies LLC, a supplier of artificial lift and fluid handling solutions to oil and gas production markets, for a purchase price of $430 million, subject to a customary adjustment for working capital.

Oil Boom Widens Gap Between The Sexes

October 2, 2014 10:17 am | by JAMES MacPHERSON, Associated Press | News | Comments

North Dakota's unprecedented oil bonanza has boosted salaries throughout the state, though the male-dominated, high-paying energy industry also is widening the wage gap between men and women.                                       

Greenbrier Leads Call For Safer Tank Car Design

September 30, 2014 11:27 am | by Greenbrier | News | Comments

Greenbrier's Tank Car of the Future is designed for safer transportation of crude, ethanol and other flammables in North America, as well as use with other hazardous materials traffic.                

Mexico Detains 5 In Suspected Oil Theft Ring

September 30, 2014 11:08 am | by Associated Press | News | Comments

The ring is believed to have stolen over 1 million gallons (4 million liters) of oil per month in a northeastern state.                                     

Dominion Natural Gas Exports Plan Gets Federal OK

September 30, 2014 11:00 am | by Frederic J. Frommer, Associated Press | News | Comments

The Federal Energy Regulatory Commission concluded that the project, as approved with conditions, would minimize potential adverse impacts on landowners and the environment.                      

Thousands Attend Anti-Pipeline Gathering In Nebraska

September 29, 2014 11:21 am | by The Associated Press | News | Comments

Roughly 8,000 people filled a northeast Nebraska farm Saturday to hear Willie Nelson and Neil Young perform at a concert organized by opponents of the proposed Keystone XL pipeline.            

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

Judge Leaves Legal Openings For Villagers In Exxon Suit

September 25, 2014 10:34 am | by Associated Press | News | Comments

A federal judge has left a small legal opening for some Indonesian villagers to pursue a lawsuit against Exxon Mobil Corp. for human rights abuses allegedly committed by Indonesian troops guarding an Exxon natural gas field.                                 

Mexican Cartels Steal Billions From The Oil Industry

September 25, 2014 10:15 am | by MARK STEVENSON, Associated Press | News | Comments

Mexico overcame 75 years of nationalist pride to reform its flagging, state-owned oil industry. But as it prepares to develop rich shale fields along the Gulf Coast, and attract foreign investors, another challenge awaits: taming the brutal drug cartels that rule the region and are stealing billions of dollars' worth of oil from pipelines.

North Dakota Calls For More Environmental Protections

September 25, 2014 10:01 am | by JOSH WOOD, Associated Press | News | Comments

A top North Dakota public health official told a meeting of energy company representatives in Dickinson on Wednesday that more needs to be done to ensure environmental protections in the state amid its oil boom.                           

Businesses Won't Have To Return BP Spill Payments

September 24, 2014 4:08 pm | by JANET MCCONNAUGHEY, Associated Press | News | Comments

BP wants its money back — hundreds of millions of dollars of it — but a federal judge said Wednesday that the oil giant must keep its promises to the companies it compensated for losses they blamed on the 2010 Gulf oil spill.                                            

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