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Articles Tagged with ''oil & gas''

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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GE to invest billions to improve fracking

GE believes that its efforts could mitigate the effects from fracking on the environment and could bring about innovative technology that would increase profit for clients.
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East Coast refiners going strong despite bleak predictions

According to the most recent EIA weekly oil data, the U.S. East Coast has reached a record high rate of refining capacity at 93.8 percent, with a total crude processing capacity at 1.293 million barrels per day.
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Obama administration proposes new rules for fracking operations

The rules would require all fracking operators to disclose some of the chemicals used in the process, in a move to address concerns over the impact of fracking on waterways and air.
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Investors withdraw from clean energy, turn to drilling

In recent years some investors and businesses have focused on development of renewable energy resources and tried to move away from fossil-fuel based energy. But solar and wind power and biofuels have failed to live up to initial expectations, while natural gas and oil industries have made huge gains.
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US oil and gas reserves outstrip previous estimates

New figures released by the Obama administration suggest that the United States has twice the previously announced amount of oil and three times the amount of natural gas under the states of Montana, North Dakota and South Dakota.
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