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Oil & Gas

Colorado to implement first methane emission regulation

March 11, 2014
The state of Colorado will be the first to introduce regulation on methane emissions from oil and natural gas operations, after lawmakers approved proposals for strict control over smog.
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EPA finalizes rules on sulfur levels in gasoline

March 10, 2014
The U.S. oil and gas industry has opposed the new regulation, claiming that it would mean huge costs that would also affect the end price of fuel.
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Enbridge gets approval for major pipeline reversal

March 10, 2014
Canada's National Energy Board has given the green light to Enbridge's plan to reverse the flow of the pipeline known as Line 9, carrying crude oil from Montreal to Sarnia, Ontario.
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Oil & gas industry missing opportunities to cut methane emissions, consulting firm says

March 7, 2014
ICF International estimates that methane emissions in the industry could be reduced by up to 40% for a total cost of less than a penny per thousand cubic feet.
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US refiners boost capacity of existing facilities

March 5, 2014
Although the U.S. has not built a large refinery for decades, existing processing facilities are constantly expanding their capacity in a bid to meet demand for increasing fuel production.
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Marcellus Shale to account for quarter of US natural gas production by 2015

March 5, 2014
The Marcellus Shale, which spans from New York to West Virginia, is among the most prolific sources of natural gas, but its importance as a driver for gas production is set to increase even further over the next couple of years
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Shell closes Nigerian crude oil pipeline

March 4, 2014
Royal Dutch Shell announced that its Nembe Creek Trunk oil pipeline in Nigeria was closed on Feb. 23 because of a leak caused by theft.
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Devon Energy buys Eagle Ford assets to secure oil production growth

March 4, 2014
Oklahoma City-based energy company Devon Energy Corporation has announced the purchase of 82,000 net acres in the Eagle Ford Shale from GeoSouthern Energy.
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Los Angeles City Council approves fracking moratorium

March 3, 2014
The Planning and Land Use Management Committee of Los Angeles has approved two motions that could lead to a moratorium on hydraulic fracturing and other unconventional oil and gas extraction practices.
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Two-thirds of oil-by-rail supplies to California come from Canada

March 3, 2014
According to data from the state's Energy Commission, 709,014 barrels of crude from Canada were shipped by rail to California in December 2013.
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