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Spain Challenges Canary Island Poll On Oil Plans

October 24, 2014 10:15 am | by Associated Press | News | Comments

The Spanish government says it will ask the Constitutional Court to block proposals by the Canary Islands regional government to stage a referendum on oil exploration in waters off the popular tourist archipelago.                                     

IS Rakes In $1M/Day In Black Market Oil Sales

October 23, 2014 3:17 pm | by DEB RIECHMANN, Associated Press | News | Comments

Islamic State militants are amassing wealth at an unprecedented pace, earning about $1 million a...

Cost-Saving Way To Detect Natural Gas Leaks

October 22, 2014 10:31 am | by American Chemical Society | News | Comments

Scientists say they have developed a new software-based method that finds leaks even when they'...

Suspect To Plead Guilty In Oil Patch Killing

October 22, 2014 10:24 am | by MATTHEW BROWN, Associated Press | News | Comments

A Colorado man is set to plead guilty to killing a small-town Montana high school teacher in a...

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Infamous Oilman Dies At 88

October 22, 2014 10:21 am | by Associated Press | News | Comments

Nelson Bunker Hunt, a Texas oilman who once tried to corner the silver market with one of his brothers only to see the move end in financial disaster, has died. He was 88.                      

Judge To Decide Fate Of Oil Company's Bankruptcy

October 22, 2014 10:18 am | by Associated Press | News | Comments

A federal judge is set to decide whether to close out the case of a legally troubled oil drilling company in Kentucky.                                                     

Oil Company Acts Quickly To Replace CEO Killed In Crash

October 22, 2014 10:17 am | by Associated Press | News | Comments

French oil giant Total SA has named Patrick Pouyanne as chief executive to replace Christophe de Margerie, who was killed earlier this week in a plane crash in Moscow.                     

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Company Considers Oil Refinery At Devils Lake

October 21, 2014 10:25 am | by Associated Press | News | Comments

A Canada-based energy company is considering building an oil refinery in the eastern North Dakota community of Devils Lake.                                          

Oil Company CEO Dies In Plane Crash

October 21, 2014 10:20 am | by Associated Press | News | Comments

The CEO of French oil giant Total SA was killed when his corporate jet collided with a snow removal machine Monday night at Moscow's Vnukovo Airport, the company said.                                      

Leaking North Dakota Oil Well Contained

October 21, 2014 10:17 am | by Associated Press | News | Comments

North Dakota oil regulators say a well that leaked oil, gas and brine for more than two days has been brought under control.                                          

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).

Shell Midstream Partners File For $750M IPO

October 21, 2014 10:14 am | by Associated Press | News | Comments

Shell Midstream Partners LP filed for an initial public offering that could be worth about $750 million before expenses and discounts.                                      

Oil Found In Paraguay, Government Cautious

October 21, 2014 10:12 am | by Associated Press | News | Comments

A British energy company said on Monday that it made its first major oil discovery in Paraguay's Chaco Basin, though the government said it's too soon to tell if the find is commercially viable.                               

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Fuel Reform Puts Diesel Under Market Control

October 20, 2014 11:06 am | by KATY DAIGLE, Associated Press | News | Comments

India freed diesel prices from government control Sunday while raising natural gas tariffs in the biggest-yet reform by Prime Minister Narendra Modi's government, as it aims to boost the country's economy and overhaul its energy sector.                

North Dakota Well Leaking Oil, Gas & Water

October 20, 2014 10:37 am | by JOSH WOOD, Associated Press | News | Comments

Workers are attempting to contain an out-of-control oil well in North Dakota, authorities said Friday.                                           

Gas Natural Sells Its Wyoming Energy West Assets

October 16, 2014 3:22 pm | by Associated Press | News | Comments

Energy West Inc. is selling its subsidiary, Energy West Wyoming Inc. to Black Hills Corp. for $17 million.                                                      

Oil Regulator: Price Drop Could Slow Drilling

October 16, 2014 3:18 pm | by JOSH WOOD, JAMES MacPHERSON, Associated Press | News | Comments

Recent oil price drops could halt drilling in several North Dakota counties and force the state to reevaluate its budget, according to the state's top oil regulator.                                          

More Needed To Improve Oil Train Safety

October 16, 2014 10:27 am | by PHUONG LE, Associated Press | News | Comments

With increasing numbers of volatile crude oil trains moving through Seattle's "antiquated" downtown rail tunnel, city emergency planners say more must be done to lower the risk of an oil-train accident and improve the city's ability to respond.    

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Falling Oil Prices Shake Up Global Economies

October 16, 2014 10:23 am | by JONATHAN FAHEY, AP Energy Writer | News | Comments

A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices in four years.

SW Energy Snaps Up Assets In Marcellus, Utica

October 16, 2014 10:12 am | by Associated Press | News | Comments

Southwestern Energy will spend about $5.38 billion to acquire drilling assets in West Virginia and southwest Pennsylvania now owned by Chesapeake Energy.                            

ND Produced Record 35m Barrels Of Oil In August

October 16, 2014 10:06 am | by JOSH WOOD, Associated Press | News | Comments

North Dakota produced a record 35 million barrels of oil in August, according to figures released Wednesday by the state's Industrial Commission.                                   

A Unique Approach To Monitoring Fracking Groundwater

October 15, 2014 3:57 pm | by University of Cincinnati | News | Comments

A University of Cincinnati research project is taking a groundbreaking approach to monitoring groundwater resources near fracking sites in Ohio.                                       

A Global Natural Gas Boom Won't Slow Climate Change

October 15, 2014 2:50 pm | by Pacific Northwest National Laboratory | News | Comments

A new analysis of global energy use, economics and the climate shows that without new climate policies, expanding the current bounty of inexpensive natural gas alone would not slow the growth of global greenhouse gas emissions worldwide over the long term.

Treasury Clears Way For Oil Spill Recovery Grants

October 15, 2014 10:27 am | by Associated Press | News | Comments

The U.S. Treasury Department says it has cleared the way for Gulf Coast state and local governments to begin applying for recovery grants through a federal RESTORE Act trust fund fed with civil penalties arising from the 2010 BP oil spill.                    

Gas Contractor Sued For Race Discrimination

October 15, 2014 10:24 am | by MATT STROUD, Associated Press | News | Comments

Five African-American former employees of a West Virginia gas pipeline contractor are suing the company for racial discrimination.                                         

Idaho Gives Oil Company Second Chance To Exclude BLM

October 14, 2014 5:18 pm | by KEITH RIDLER, Associated Press | News | Comments

A Texas company is getting another chance to persuade Idaho officials to exclude federal lands and potential royalties from what is believed to be a profitable natural gas field in the southwest part of the state.                                                   

Ergon To Spend $150M On Refinery Expansion

October 14, 2014 5:17 pm | by Associated Press | News | Comments

The Flowood-based private company said that it would enhance parts of the refinery and expand its tank farm. It said the changes, in addition to allowing it to make more products, would allow Ergon to feed the refinery with more kinds of crude oil.

Study Links Hundreds Of Ohio Quakes To Fracking

October 14, 2014 5:13 pm | by JULIE CARR SMYTH, Associated Press | News | Comments

A new study suggests fracking triggered hundreds of small, unnoticeable earthquakes in eastern Ohio late last year, months before the state first linked seismic activity to the much-debated oil-and-gas extraction technique.                               

IL Fracking Rule Vote Postponed Until November

October 14, 2014 5:11 pm | by JASON KEYSER, Associated Press | News | Comments

An Illinois legislative panel has put off voting on rules for high-volume oil and gas extraction until next month, as it grapples with how to ensure regulations are fair to industry while protecting the environment.                         

Lifting Oil Exports Ban Would Boost U.S. Manufacturing

October 14, 2014 5:06 pm | by MAPI Foundation | News | Comments

The manufacturing sector, already a leading component of the U.S. economy, would benefit significantly if the crude oil ban were lifted, according to a new study.                                             

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