American oil companies have not been allowed to export crude for 40 years, but the industry wants to change that, even though the U.S. still consumes far more oil than it produces.
Denver, Colo. based Energy Corporation of America said that Shenhua America Holdings Corporation will be part of a 50/50 joint venture to develop 25 natural gas wells in Greene County over the next 18 months. That's roughly 75 miles south of Pittsburgh.
A controversial natural gas processing plant could be operating in central Wyoming by the end of the year. The Casper Star-Tribune reported Tuesday that state environmental regulators approved a permit for the plant Dec. 12, clearing the way for construction to start.
In at least four states that have nurtured the nation's energy boom, hundreds of complaints have been made about well-water contamination from oil or gas drilling, and pollution was confirmed in a number of them, according to a review that casts doubt on industry suggestions that such problems rarely happen.
Louisiana Attorney General James "Buddy" Caldwell has accused a federal judge of ignoring the state's claims over BP's 2010 Gulf oil spill and asked an appeals court to intervene.
Denbury Resources Inc. is increasing its stock buyback program by $250 million.
Defense attorneys for a former BP engineer convicted of trying to obstruct a federal investigation of the company's 2010 Gulf oil spill claimed Thursday that jurors engaged in misconduct that warrants a new trial.
The recent BNSF train collision and explosion in North Dakota has brought into the spotlight the staggering number of barrels of Bakken oil being shipped by rail every day, as well as the increased flammability of the unrefined oil from the Bakken region.
Years in the planning and now becoming a reality, the world's first Floating Liquefied Natural Gas (FLNG) facility is under construction. Meet the team working on Prelude FLNG as they take you behind the scenes at this mega project.
EPL Oil & Gas Inc. is buying some oil and natural gas assets from Nexen Petroleum Offshore U.S.A. Inc. for $70.4 million. The assets are located in the shallow-water central Gulf of Mexico and currently produce about 900 net barrels of oil equivalent a day.
The operator of a $2.3 billion pipeline between Cushing and the Gulf Coast expects to begin shipping oil Jan. 22.
A fiery oil train derailment's near-miss of a small North Dakota town had its mayor angrily calling for federal officials to do more to guarantee the safety of the nation's growing shipment of oil by rail.
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and naturalgas in the U.S. fell by 11 this week to 1,757. The Houston company said in its weekly report Friday that 1,382 rigs were exploring for oil and 374 for gas. One was listed as miscellaneous. A year ago there were 1,763 active rigs.
A company closing its western Pennsylvania zinc plant says Shell Chemical LP has extended and amended an option agreement to purchase the site, which Shell might use for an ethane cracking plant.
The natural gas bonanza that has enriched some Appalachian states has so far eluded western Maryland as market forces and a drawn-out state review of the drilling technique called hydraulic fracturing have weakened the region's appeal to the energy industry.
Southern politicians and energy industry groups are increasing the push to allow drilling off the U.S. Atlantic Coast for oil and gas deposits that could be puny or mean big cash to a part of the country where it's now largely absent.
Together, Dow Water & Process Solutions and Omni Water Solutions have treated more than 245,000 barrels of flowback and produced water from Texas’ Eagle Ford shale hydraulic fracturing operations.
Greater political acceptance of shale gas exploration and the growing need among European countries to be energy independent is expected to result in the growth for the pumps market.
On Jan. 10, the New Jersey Pinelands Commission will decide whether to approve a 22-mile natural gas pipeline through the woods to a power plant. Six months of public hearings and contentious meetings have raised the temperature, pitting conservation of the largest tract of wild space between Virginia and Boston against the desire for jobs and reliable energy for southern New Jersey, including teeming Atlantic City and its casinos.
America's newest, most expensive coal-fired power plant is hailed as one of the cleanest on the planet, thanks to government-backed technology that removes carbon dioxide and keeps it out of the atmosphere. But once the carbon is stripped away, it will be used to do something that is not so green at all. It will extract oil.
Seeking a better corrosion solution at their petrochemical facility, Mobley Industrial Services recently used a newly approved corrosion coating called EonCoat to enhance workplace safety and return a large floating roof tank to service in about half the time required by typical coatings. This coating is part of a new category of tough, Chemically Bonded Phosphate Ceramics that can stop corrosion and extend equipment life.
Process manufacturing companies in the oil and gas, utilities, and chemical industries rely on rapidly aging proprietary infrastructure to run their operations. Subsequent disruptions can cripple operations and impede opportunities for growth. As a result, executives in these industries must make tough decisions about where, when and how much to invest in infrastructure upgrades.
Axiall Corp. is considering building a $3 billion ethane cracker and chemical plant somewhere in Louisiana. The Atlanta-based chemical manufacturer said it could make a decision sometime early next year. Axiall would invest $1 billion of its own money, while an unnamed partner would put in $2 billion.
The energy industry and policy makers in Pennsylvania, the heart of the nation's gas drilling boom, are thinking about their next moves after the state's highest court threw out significant portions of a law that limited the power of cities and counties to regulate the industry.
Chicago's mayor and the Illinois attorney general announced an agreement with an Indiana company that will require it to remove huge piles of petroleum coke from the city's southeast side and accept no other shipments for the time being.