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Articles Tagged with ''oil & gas''

IEA: Canada can become global energy power but needs to manage costs

June 16, 2014
Canada can profit immensely from its oil industry if it plays its cards wisely and manages to keep project costs at a reasonably low level, according to the International Energy Agency.
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Investigation into Williams Partners' safety practices causes alarm

June 11, 2014
Following a series of violations detected, the U.S. Pipeline and Hazardous Materials Safety Administration has started a federal investigation into the company's safety practices.
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Chemical Safety Board releases new evidence on Deepwater Horizon explosion

June 11, 2014
The U.S. Chemical Safety Board has published a new report on the cause of the Deepwater Horizon rig oil spill in 2010, which killed 11 people and seriously injured 17 others.
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Louisiana governor restricts lawsuits against oil, gas companies

June 11, 2014
The bill will result in a "fair and more predictable legal environment" and will support businesses and job creation in Louisiana, Gov. Jindal said.
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Government report accuses federal agency of lax oversight of oil, gas wells

May 13, 2014
According to a new report by the Government Accountability Office, the U.S. Interior Department's Bureau of Land Management has neglected its duties in overseeing oil and gas wells.
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Oil & gas industry contributes £35 billion annually to UK economy

May 2, 2014
Although oil prices are persistently high and production is declining in the UK, the outlook for the oilfield services industry is very positive.
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Sinopec drops plans for new petrochemical projects

April 30, 2014
China's largest refiner, Sinopec Corp., has shelved plans to invest in new petrochemical projects, citing growing competition from the U.S. petrochemical sector as the main deciding factor.
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Domestic demand to fuel Russia's petrochemical industry growth

April 21, 2014
The Russian petrochemical industry is set to benefit from increasing domestic demand over the medium term, with non-oil industrial sectors emerging as the strongest driving force for growth.
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Water recycling could help fracking companies deal with water shortages

April 10, 2014
Recycling technology allows oil-field water containing salts and dozens of chemical elements to be cleaned and reused over and over again.
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Texans hold 80% of state's oil production revenues

March 24, 2014
Texas has as much as $140 billion in "petro-wealth" in producing petroleum reserves, a new analysis from Austin, Texas-based company Blackbeard Data Services reveals.
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