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Oil & Gas

New rules imposed on Keystone XL after detection of pipeline defects

Two new conditions have been added by safety regulators to the 57 already agreed regarding the construction of TransCanada Corp.'s Keystone XL oil pipeline.
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Exxon focuses on LNG sales on Asian spot market

Exxon Mobil Corp. has been involved in negotiations with customers in Asia regarding sales of liquefied natural gas on the spot market.
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EIA cuts recoverable oil projections for Monterey Shale by 96%

Many experts believe this could be a heavy blow to the burgeoning industry that had projected 2.8 million new jobs and an extra $24.6 billion annually in tax revenue.
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Gazprom signs 30-year gas delivery contract with China

Russia and China have signed a historic 30-year gas delivery deal that is estimated to be worth more than $400 billion.
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Canadian researchers work on new water treatment method to cut carbon dioxide emissions

Researchers at the University of British Columbia are working on a new technology that uses carbon dioxide and wastewater from oil and gas operations to produce reusable water.
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EPA introduces draft rules to reduce toxic emissions from refineries

U.S. oil refineries may have to comply with new, more stringent regulation regarding toxic emissions from flares, storage tanks and other similar sources.
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US fracking companies go green

In a bid to ease environmental concerns and improve public perception of the industry, oil and gas companies are investing in innovative technologies that can mitigate or prevent the impact of fracking operations.
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Criminal charges filed against workers involved in deadly crude oil train accident

Ten months after the tragic accident involving a crude carrying train in Lac-Megantic, Quebec, criminal charges have been filed against three employees of the now-defunct company Montreal, Maine and Atlantic Railway Ltd.
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EPA reconsiders approval of Pennsylvania injection well permit

EPA has changed its mind on giving the green light to a 7,300-foot-deep injection well in Clearfield County, Pennsylvania.
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EPA seeks public comment on fracking chemicals disclosure

EPA has announced plans to seek public comment on potential disclosure regulation, as well as input on possible non-regulatory approaches to the matter.
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