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U.S. Crude Exports At Highest Level In 15 Years

June 16, 2014 10:52 am | by U.S. Energy Information Administration | News | Comments

The United States exported 268,000 barrels per day (b/d) of crude oil in April (the latest data available from the U.S. Census Bureau), the highest level of exports in 15 years.                              

Judge Backs Alberta Clipper Pipeline Expansion

June 13, 2014 10:20 am | by Associated Press | News | Comments

An administrative law judge recommended that Minnesota regulators approve an expansion of Enbridge Energy's Alberta Clipper crude oil pipeline across northern Minnesota.                         

Washington Governor Wants Agencies Studying Oil Train Risks

June 13, 2014 10:17 am | by Associated Press | News | Comments

Citing new safety and environmental risks as more crude oil moves by train through Washington, Gov. Jay Inslee directed state agencies to evaluate the safety of oil transport in the state.                       

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Dept. Of The Interior Seeks Over $500K From Gas Developer

June 13, 2014 10:08 am | by MEAD GRUVER, Associated Press | News | Comments

The Interior Department office that oversees revenue collection from oil and gas leases announced that it is seeking a $533,520 civil penalty against a gas developer the agency said failed to report production on federal leases in northeast Wyoming.

Judge Orders New Trial For Ex-BP Engineer

June 13, 2014 10:05 am | by KEVIN McGILL, Associated Press | News | Comments

U.S. District Judge Stanwood Duval threw out Kurt Mix's obstruction-of-justice conviction, saying that remarks a jury forewoman overheard outside of the courtroom influenced the verdict.                           

Scientists Still Finding Deepwater Horizon Oil On Shore

June 13, 2014 9:47 am | by Bigelow Laboratory for Ocean Sciences | News | Comments

Years after the 2010 Deepwater Horizon Oil spill, oil continues to wash ashore as oil-soaked "sand patties," and questions remain about how much oil has been deposited on the seafloor.                             

Oil Boom Boosts Archaeology Jobs

June 12, 2014 10:21 am | by JOSH WOOD, Associated Press | News | Comments

Drilling crews are eager to plunge their equipment into the ground. Road builders are ready to start highway projects, and construction workers need to dig. But across the hyperactive oil fields of North Dakota, these and other groups have to wait for another team of specialists known for slow, meticulous study: archaeologists.

OPEC: The Price Of Oil Is Just Right

June 12, 2014 10:15 am | by JONATHAN FAHEY, AP Energy Writer | News | Comments

Dramatic changes in oil production around the globe are balancing each other out instead of wreaking havoc. This has helped world oil prices stay high enough to provide OPEC countries with robust income, but not so high that they scare customers away from buying more of their precious product.

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Drilling States Investigate Man-Made Earthquakes

June 12, 2014 10:13 am | by JULIE CARR SMYTH, Associated Press | News | Comments

Ohio is leading a group of drilling states working with seismology experts from energy companies, government agencies and universities across the U.S. on how best to detect and regulate human-induced earthquakes.                                

Consol & Noble Energy Form Pipeline Venture

June 12, 2014 10:11 am | by Associated Press | News | Comments

Oil and gas producers Consol Energy and Noble Energy said that they plan to form a new publicly traded joint venture that will operate natural-gas pipelines in the Marcellus Shale region in the Eastern U.S.                              

Are Quebecers Irrationally Opposed To Shale?

June 12, 2014 10:09 am | by University of Montreal | News | Comments

Quebecers are particularly hostile toward the development of shale gas, but this aversion is driven less by 'not in my backyard' attitudes than 'not in anyone's backyard, according to a comparative study of 2,500 Quebecers and Americans conducted by the University of Montreal's Department of Political Science.

$400M Investment Will Spur Oil Drilling In Louisiana & Mississippi

June 10, 2014 10:54 am | by JEFF AMY, Associated Press | News | Comments

A private equity firm will invest up to $400 million to support efforts by Houston-based Halcón Resources Corp to drill for oil on the 314,000 acres that Halcón has leased in the Tuscaloosa Marine Shale of southwest Mississippi and southeast Louisiana. 

Pipeline Proposal Prompts Criticism In Massachusetts

June 10, 2014 10:49 am | by TIMOTHY D. MAY, Associated Press | News | Comments

A proposal to build a new pipeline carrying natural gas is stirring criticism in Massachusetts, where more than a dozen towns near the potential path of the 250-mile line have passed resolutions against the project.                  

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Natural Gas Investor Drops $4.25B On Shale

June 10, 2014 10:46 am | by Associated Press | News | Comments

Natural gas wildcatter Aubrey McClendon's American Energy Partners LP has invested $4.25 billion in lease holdings and drilling rights in four states.                          

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

Lawsuit Against Exxon Mobil Proceeds

June 10, 2014 10:41 am | by CHUCK BARTELS, Associated Press | News | Comments

 A lawsuit filed by federal and state officials will go forward against Exxon Mobil Corp. over a crude oil spill that forced the evacuation of 22 homes in Mayflower, a U.S. district judge ruled.                    

Bulgaria Halts Work On Gas Pipeline

June 9, 2014 11:06 am | by Associated Press | News | Comments

Bulgaria's prime minister has ordered a halt to construction work on the Gazprom-led South Stream pipeline project planned to bypass Ukraine as a transit country and consolidating Russia's energy grip in Europe.              

Millennial Energy Partners, LLC Closes Upstream Oil And Gas Fund

June 9, 2014 11:01 am | by Associated Press | News | Comments

Millennial Energy Partners, LLC announced that it has closed Millennial PDP Fund V, LP through a private placement conducted under Regulation D. Millennial has organized Fund V primarily to acquire non-operated oil and gas working interests in various basins throughout the United States.

Chevron's Pascagoula Oil Facility Complete

June 9, 2014 10:40 am | by Associated Press | News | Comments

Chevron Corp.'s Pascagoula Refinery says construction on a new $1.4 billion base oil facility is complete and expects to reach full production capability by midsummer.                                           

Is Aerogel Technology The Key To Oil Spill Cleanup?

June 6, 2014 12:05 pm | by Wisconsin Institute For Discovery | Videos | Comments

Cleaning up oil spills and metal contaminates in a low-impact, sustainable and inexpensive manner remains a challenge for companies and governments globally. But a group of researchers at UW–Madison are examining alternative materials that can be modified to absorb oil and chemicals. If further developed, the technology may offer a cheaper and “greener” method to absorb oil and heavy metals from water and other surfaces.

States Refuse To Keep Oil Train Info Secret From The Public

June 6, 2014 10:16 am | by MATTHEW BROWN, Associated Press | News | Comments

U.S. railroads forced to turn over details of their volatile crude oil shipments are asking states to sign agreements not to disclose the information. But some states are refusing, saying that the information shouldn't be kept from the public.

Safety Board Faults Key Device In BP Oil Spill

June 6, 2014 10:09 am | by Seth Borenstein, AP Science Writer | News | Comments

The investigation into the 2010 BP oil spill concluded that a last-ditch safety device on the underwater well had multiple failures, wasn't tested properly and still poses a risk for many rigs drilling today.                           

Fracking Chemicals Under Review In Virginia

June 5, 2014 10:16 am | by STEVE SZKOTAK, Associated Press | News | Comments

The advisory panel grappled with the question of how much energy companies should be required to disclose about the chemicals they inject at high pressure into shale and rock formations to dislodge gas and oil. Chemical disclosure varies widely from state to state.

PG&E Expects New Indictment After Explosion

June 5, 2014 10:12 am | by CHANNING JOSEPH, Associated Press | News | Comments

Pacific Gas & Electric Co. expects to be hit with a new federal indictment next month over a deadly pipeline explosion that leveled a suburban California neighborhood in 2010, a regulatory filing says.                

Minnesota Oil Spill Still Aids In Research

June 5, 2014 10:10 am | by Associated Press | News | Comments

The site of one of the largest crude oil pipeline spills in Minnesota is still producing significant discoveries for researchers three decades later.                                     

BP Must Pay Clean Water Act Fines

June 5, 2014 10:07 am | by JANET McCONNAUGHEY, Associated Press | News | Comments

The owners of the blown-out Macondo well cannot avoid federal fines for the 2010 oil spill by blaming another company's failed equipment, a federal appeals court ruled Wednesday.                        

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