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Oil & Gas

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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EPA presents guidance on permitting use of diesel in fracking

February 26, 2014
The U.S. Environmental Protection Agency (EPA) has presented its draft guidelines for states regarding issuing permits to drilling companies that use diesel fuel in fracking oil and natural gas wells.
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North American oil companies start replacing oil tank cars

February 25, 2014
A series of incidents involving crude-carrying trains over the past year has caused serious concerns over railway transportation of fuel and prompted authorities to start reviewing regulations.
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Middle East oil industry key for global growth, expert says

February 25, 2014
Part of the Western world is underestimating the importance of the Middle East as a result of the shale revolution in the United States but this may be too hasty a reaction.
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Fracking accounts for half of total water consumption in some Texas counties

February 25, 2014
Oil and gas companies in Texas may face a severe shortage of water for their fracking operations if they continue to drill at current rates, according to a new report.
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Shell sells Australian refinery to Vitol

February 24, 2014
Energy giant Royal Dutch Shell is to sell as many as 870 service stations and its Australian refinery to Swiss oil company Vitol. The deal is worth approximately $2.6 billion.
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EIA launches interactive fracking well map

February 19, 2014
The U.S. Energy Information Administration (EIA) has rolled out a new interactive map of the United States where the public can explore all fracking wells located across the country, including those that are currently being developed.
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