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Oil & Gas

Pennsylvania files charges against XTO Energy over fracking wastewater spill

September 16, 2013
XTO Energy Inc., an Exxon Mobil subsidiary, is facing criminal charges in Pennsylvania for discharging 50,000 gallons of fracking wastewater from a storage tank at its facility into state waterways.
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US oil production hits highest level in 24 years

September 16, 2013
According to data released by the Energy Information Administration, oil production in the United States reached the highest level since May 1989 in the week ended Sept. 6.
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Study links fracking wastewater injection to Ohio earthquakes

September 10, 2013
Fracking activities are the most likely cause of the series of earthquakes in Youngstown, Ohio, two years ago, new research published in the journal Geophysical Research Letters has found.
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Natural gas to become second largest energy source by 2040, Exxon Mobil VP says

September 9, 2013
The boom in natural gas production will continue over the next few decades and by 2040 electricity generated from natural gas will account for a quarter of the world's energy supply, Exxon Mobil has predicted.
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Shell to pay $1.1 million in fines over Clean Air Act violations

September 9, 2013
Shell Gulf of Mexico, Inc. and Shell Offshore, Inc. have agreed to pay a total of $1.1 million in fines to settle claims that they violated their Clean Air Act permits while drilling in the Arctic in 2012.
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Latin American refining sector struggling to capitalize on growing oil output

September 9, 2013
Latin America's oil production has been on the rise over the past few years but most economies in the region have had difficulties capitalizing on this development.
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US economy benefits from drilling boom

September 5, 2013
Increased drilling operations in states like Pennsylvania, North Dakota and Arkansas have resulted in economic growth not just in the areas close to drilling sites but across the entire country.
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Welding operations caused Black Elk oil rig explosion, report finds

September 4, 2013
The explosion that killed three workers on a Gulf of Mexico production platform in November 2012 was caused by contractors who were doing maintenance work at the site, according to a third-party investigative report.
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US senators accuse oil industry of antitrust practices

September 3, 2013
Oil companies are blocking the access of renewable fuels to the U.S. market by using anti-competitive practices, two U.S. senators have claimed in a letter to the U.S. Federal Trade Commission.
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Canada explores crude re-export possibilities through US Gulf Coast

September 3, 2013
Canada is increasingly pressed to look for new markets for its crude oil as the United States, its main export market, continues to ramp up its own output.
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