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Articles Tagged with ''oil & gas industry''

More mergers, acquisitions in US oil & gas industry in late 2013

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Between October and December there were 182 M&A deals closed, worth a total of $115.9 billion.
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Shell looking to sell $1 billion stake in Gulf Coast pipeline

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Royal Dutch Shell Plc is reported to be looking for a buyer for its stake in a major crude oil pipeline in the Gulf of Mexico, seeking offers worth approximately $1 billion.
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TransCanada ponders rail shipments if Keystone XL pipeline gets rejected

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If the Keystone project is rejected, TransCanada will move on to build rail terminals in Alberta and Oklahoma and will start shipping by rail, its CEO Russ Girling said.
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Oklahoma considers rule changes for wastewater disposal wells

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Under proposals being considered by the Oklahoma Corporation Commission, operators of wastewater disposal wells could find themselves obliged to supply local regulators with more information.
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BP completes Whiting refinery modernization with new coker unit

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BP has completed the upgrade of its Whiting facility in Indiana with the commissioning of a new coker that will process more Canadian oil sands crude and generate an extra $1 billion of operating cash flow per year.
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API: US oil, gas industry invested $153 billion in drilling in 2012

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U.S. oil and gas companies invested about $153.7 billion in drilling operations in 2012, working on an estimated 46,736 wells, according to the latest Joint Association Survey on Drilling Costs.
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Fracking regulation might weaken economic growth, US Chamber of Commerce claims

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A study on the effects of oil and gas drilling operations using fracking, due to be released next year, might prevent the United States from becoming the world's most powerful energy producer, the U.S. Chamber of Commerce warns.
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Colorado to consider new air quality rules for oil, gas companies

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The proposals include changes to rules that would see streamlined emission reporting requirements and the abolishment of crude oil storage tank permit exemptions.
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API: Oil & gas industry needs to work together to tackle cyber attacks

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U.S. oil and gas companies are a primary target for cyber attacks and they need to work hard to improve their awareness and preparedness to avert hackers' attacks and respond adequately.
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California environmental study on fracking to take up to 18 months

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California has launched an environmental review on the effects of hydraulic fracturing, which is expected to give state lawmakers a better idea of fracking's impact.
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