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Oil & Gas

Kinder Morgan to build new carbon dioxide pipeline

Kinder Morgan Energy Partners will invest approximately $1 billion as a part of an expansion project that seeks to enhance its oil recovery program.
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New York State urges EPA to review oil spill contingency plans

The need for an improved contingency plan is pressing, as more crude is being shipped from the Bakken shale through New York to refineries in the south, according to New York State Department of Environmental Conservation Commissioner Joe Martens.
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US accounts for 10% of global oil production

The nation's average daily output of tight oil between October and December last year stood at 3.22 million barrels per day.
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Report: Middle East oil & gas companies excel at risk management

The report examined the comparative risk quality of oil, gas and petrochemical facilities located in the Middle East, in comparison to more than 500 similar facilities globally.
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Europe may reconsider stance on fracking

Recent political events in Ukraine and Russia's involvement may cause some EU member-states to reconsider their stance towards hydraulic fracturing.
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Citgo faces $197 million fine for Lake Charles oil spill

Oklahoma-based refiner Citgo Petroleum Corp. may face a $197 million fine for the 2006 oil spill at its refinery in Lake Charles, La.
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EPA settles air pollution violations with Texas refinery

Flint Hills Resources will pay a $350,000 fine and invest in equipment that will control air pollution by recovering and recycling waste gases.
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Texans hold 80% of state's oil production revenues

Texas has as much as $140 billion in "petro-wealth" in producing petroleum reserves, a new analysis from Austin, Texas-based company Blackbeard Data Services reveals.
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ICF: North America needs to increase midstream infrastructure investments

Oil and gas companies in the U.S. and Canada need to invest $641 billion in midstream crude oil, natural gas and natural gas liquids infrastructure.
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US refiners back crude oil export ban

The question of whether the ban on U.S. oil exports should be lifted has divided industry opinions for a long time, but in recent months the debate has resurfaced.
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