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Oil & Gas

Canadian crude unlikely to prevent North Dakota oil industry growth

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If the United States moves to approve the proposed major pipelines carrying Canadian crude, the effect of the increased import of crude from north of the border may not be as significant as many industry representatives claim.
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Earthquakes in Ohio bring drilling activity to a halt

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The Ohio Department of Natural Resources (ODNR) has closed operations at a drilling site in Poland Township, Mahoning County, following two earthquakes on Monday.
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Colorado to implement first methane emission regulation

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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

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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

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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

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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

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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

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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

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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

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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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