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Articles Tagged with ''oil & gas''

Australian mining giant targets US shale gas expansion

In a bid to capitalize on growing global demand for commodities, the world's largest miner plans an expansion of its U.S. shale oil and gas operations.
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'Dry fracking' could replace water-consuming drilling technologies

While the topic of hydraulic fracturing still remains in the spotlight, another unconventional method of extracting oil and natural gas from deep underground deposits has been quietly developing away from the general public interest.
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Industry organization challenges link between fracking and earthquakes

Findings from recent research that linked hydraulic fracturing to an increased number and strength of earthquakes have sparked a new wave of debate relating to whether the economic benefits of fracking outweigh the potential risks.
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Fire breaks out at natural gas well offshore Louisiana

A natural gas well about 55 miles off the coast of Louisiana in the Gulf of Mexico caught fire on July 23 following a blowout that caused the evacuation of the rig.
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US, Mexico sign agreement to focus on joint oil & gas projects

This agreement will make it possible for the United States and Mexico's national oil and gas company Petroleos Mexicanos, or Pemex, to further develop resources in the Gulf of Mexico.
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EIA releases annual Refinery Capacity Report

This year's report paints a picture of a market governed by refinery expansions, sales and closures, the U.S. Energy Information Administration (EIA) said.
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Energy experts see benefits of rail over pipe in crude transportation

While key projects for major pipelines are being considered, some energy experts claim that shipping crude by rail is a more flexible option whose advantages over pipelines should not be overlooked.
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Fracking dries up scarce water resources, farmers claim

Farmers in many parts of the United States, especially west of the Mississippi, are competing for water against deep-pocket oil and gas companies.


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Canadian oil company to develop existing assets amid rising North Sea investments

Canadian oil and gas company CNR International, Inc. is looking to take advantage of a recently introduced tax break and invest more than $470 million in one of the oldest North Sea oil fields.
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Investment in US oil and gas industry hits highest level in decade

The top 50 U.S. oil and gas companies spent $185.6 billion on exploration and developing new production in the United States in 2012, according to a new study.
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