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Oil & Gas

Midstream companies reap the benefits of US shale gas boom

December 2, 2013
The midstream sector has long been in the shadow of the large oil and gas industry players but the shale boom in the United States has had a domino effect, boosting other industries as well, including operators of pipelines and storage facilities.
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Keystone XL Pipeline construction planned to start in 2016

November 26, 2013
TransCanada is changing its plans for the construction of the Keystone XL pipeline, as approval for the project by U.S. President Obama is still pending.
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US refiners to ramp up diesel exports to Europe

November 26, 2013
The recent boom in oil and gas production in the United States has caused a significant rise in production, prompting U.S. companies to look to international markets.
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Texas oil company develops fracking method using no freshwater

November 25, 2013
Instead of relying on freshwater that is extremely scarce, the company utilizes brackish water from the Santa Rosa aquifer and is recycling water from its own wells.
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IEA releases global energy demand trends through 2035

November 20, 2013
Increasing production of oil in North America and Brazil means that OPEC countries have a smaller part to play in supplying the world with oil over the next 10 years, the report claims.
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Colorado to consider new air quality rules for oil, gas companies

November 20, 2013
The proposals include changes to rules that would see streamlined emission reporting requirements and the abolishment of crude oil storage tank permit exemptions.
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API: Oil & gas industry needs to work together to tackle cyber attacks

November 19, 2013
U.S. oil and gas companies are a primary target for cyber attacks and they need to work hard to improve their awareness and preparedness to avert hackers' attacks and respond adequately.
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Texas town evacuated following gas pipeline explosion

November 19, 2013
The pipeline, operated by Chevron Corp., was accidentally drilled by a construction crew near the town of Milford, about 50 miles south of Dallas. An explosion ensued and a massive fire erupted.
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Asian fuel supply to outpace demand by 2018

November 18, 2013
As the largest refineries in China and India continue to keep supply well ahead of demand for fuel across Asian markets, many refineries will have to work at a reduced capacity over the next five years.
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EU working on tighter fracking regulation

November 13, 2013
The European Parliament supports an amendment to the EU's Environmental Impact Assessment Directive, which states that all operations for hydraulic fracturing for coal bed methane and for shale and shale-like formations should go through environmental impact assessments.
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