Oil & Gas

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New research from Barclays reveals that gas exports to Mexico have doubled over the past three years.

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.

According to a new study commissioned by the American Petroleum Institute, exports of U.S. liquefied natural gas (LNG) could create at least 73,100 to 145,100 jobs at home.

Sionix Corp. says it has completed the second and final demonstration phase of testing its proprietary water treatment technology in the Williston Basin of North Dakota.

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.

Calgary-based pipeline transport company Enbridge is seeking U.S. approval to increase the capacity of a pipeline carrying crude from Alberta to Wisconsin.

California appears to be on the verge of formally forbidding the technology, as three bills are currently going through the state's legislature on banning operations until fracking has been found to be safe.

A number of large American companies have made arrangements to sell their assets abroad and redirect their capital toward domestic projects.

Shell Oil announced Monday plans to utilize hydraulic fracturing at two of its wells in northwest Colorado, Craig Daily Press reported.

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.