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Articles Tagged with ''oil & gas''

French refiners report $945 million losses in 2013

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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

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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

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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

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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

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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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Mideast refineries shift focus in production

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Refineries in the Middle East are facing serious challenges to remain competitive, struggling to reduce operating costs and to maximize production among other problems.
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Russia losing ground in oil, gas production to US

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Russia is gradually losing its position as the world's leader in oil and gas production, as the United States has been gaining ground thanks to its energy revolution.
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California governor signs fracking regulation bill

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Starting next year, companies that wish to develop the natural gas and oil reserves of California will have to apply for a permit not just for fracking operations but also for using various chemical substances to dissolve shale rock.
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Study links Texas earthquakes to extraction works

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A new report analyzes a series of tremors occurring in areas near the Eagle Ford shale in Texas over a period of three years.
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US oil production hits highest level in 24 years

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According to data released by the Energy Information Administration, oil production in the United States reached the highest level since May 1989 in the week ended Sept. 6.
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