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Articles Tagged with ''oil & gas''

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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French refiners report $945 million losses in 2013

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

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

This year's budget also included $4 billion for resource acquisitions that were not included in the original budget.
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Keystone XL Pipeline construction planned to start in 2016

TransCanada is changing its plans for the construction of the Keystone XL pipeline, as approval for the project by U.S. President Obama is still pending.
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Exports from US refineries at all-time high

With production continuing to soar in many parts of the United States, refineries in the Gulf of Mexico are enjoying abundance of feedstock that allows them to manufacture their products at a much lower price than refineries overseas.
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