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Articles Tagged with ''oil & gas''

Domestic demand to fuel Russia's petrochemical industry growth

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

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

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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Earthquakes in Ohio bring drilling activity to a halt

The Ohio Department of Natural Resources (ODNR) has closed operations at a drilling site in Poland Township, Mahoning County, following two earthquakes on Monday.
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Devon Energy buys Eagle Ford assets to secure oil production growth

Oklahoma City-based energy company Devon Energy Corporation has announced the purchase of 82,000 net acres in the Eagle Ford Shale from GeoSouthern Energy.
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Chemical investments linked to shale gas projects surpass $100 billion

As of February, 148 projects have been announced, at a total value of $100.2 billion, with over half of the sum coming from companies based overseas.
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North American oil companies start replacing oil tank cars

A series of incidents involving crude-carrying trains over the past year has caused serious concerns over railway transportation of fuel and prompted authorities to start reviewing regulations.
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Fracking accounts for half of total water consumption in some Texas counties

Oil and gas companies in Texas may face a severe shortage of water for their fracking operations if they continue to drill at current rates, according to a new report.
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North Dakota well spills oil, fracking fluid

A hydraulic fracturing well in North Dakota started leaking fracking fluid and oil on February 13, spilling an estimated 200 barrels of oil per day.
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North American oil & gas production to grow by 1.8% through 2035

North American oil and gas production will continue to grow over the next two decades, at an average annual rate of 1.8 percent, a new report by consultancy firm ICF International reveals.
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