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Articles Tagged with ''oil & gas''

Earthquakes in Ohio bring drilling activity to a halt

March 12, 2014
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

March 4, 2014
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

February 26, 2014
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

February 25, 2014
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

February 25, 2014
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

February 18, 2014
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

February 18, 2014
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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French refiners report $945 million losses in 2013

February 12, 2014
Cheap U.S. natural gas and competition from Asia and the Middle East have dealt a heavy blow to the European refining sector, with French refineries alone losing about EUR700 million ($945 million) last year.
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Suncor employee found dead at oil sands site

January 22, 2014
The body was discovered after failure to locate the employee prompted a request for service to the Suncor Emergency Services staff.
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Chevron to spend $39.8 billion in 2014

December 17, 2013
This year's budget also included $4 billion for resource acquisitions that were not included in the original budget.
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