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Oil & Gas

Regulators look into radioactive waste disposal at oil & gas production sites

As production of oil and gas rises across the U.S., environmental and public health groups have been pressing for tighter regulation on radioactive waste.
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DOT accuses oil companies of holding back rail safety data

The U.S. Department of Transportation (DOT) claims that oil companies are not providing all the information regulators need to effectively assess the safety of crude oil transportation by rail.
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Natural gas wells contribute significantly to methane emissions, study finds

A new study suggests that methane emissions from natural gas wells are higher than expected, raising concerns that drilling and production of the fuel might be contributing to climate change.
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Report reveals projected impact of crude oil exports on US economy

The report found that if crude oil exports were allowed the cost of gasoline and diesel fuel would drop, enabling Americans to save an average of $5.8 billion per year.
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Fines for pipeline safety violations hit record high in 2013

The total value of civil penalties imposed on U.S. pipeline operators for alleged safety violations broke all records in 2013, reaching the unprecedented sum of $9.78 million.
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Oklahoma drillers to collect wastewater injection data daily under new proposal

The Oklahoma Corporation Commission has approved new rules that would require fracking companies to record the volume of injected wastewater and the pressure at which it is injected underground on a daily basis.
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Chevron signs renewed agreement for shale development in Argentina

U.S. energy giant Chevron Corporation has announced plans to invest more than $1.6 billion to develop shale reserves in Argentina.
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Global refining industry outlook predicts growth in 2014, 2015

Chinese refiners are predicted to add the largest proportion of new refining capacity planned globally in 2014/2015, with the launch of a further 1.2 million bpd.
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Bakken Shale oil production to hit 1.7 million Bpd in 2020

Oil reserves worth approximately $118 billion are still lying under the Bakken/Three Forks Shale play system in Montana and North Dakota, according to a new estimate by research and consultancy group Wood Mackenzie.
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UK oil & gas companies upbeat for short-term growth

Over the next two years UK oil and gas companies anticipate that they will create as many as 39,000 new jobs.
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