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Oil & Gas

More mergers, acquisitions in US oil & gas industry in late 2013

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Between October and December there were 182 M&A deals closed, worth a total of $115.9 billion.
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Shell looking to sell $1 billion stake in Gulf Coast pipeline

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Royal Dutch Shell Plc is reported to be looking for a buyer for its stake in a major crude oil pipeline in the Gulf of Mexico, seeking offers worth approximately $1 billion.
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Study dispels myth about disproportionate wastewater production from fracking wells

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Natural gas wells where hydraulic fracturing is used generate less wastewater per unit of gas recovered compared to conventional wells.
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TransCanada ponders rail shipments if Keystone XL pipeline gets rejected

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If the Keystone project is rejected, TransCanada will move on to build rail terminals in Alberta and Oklahoma and will start shipping by rail, its CEO Russ Girling said.
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UK offshore exploration facing crisis, industry body warns

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UK Continental Shelf exploration is in a "parlous state," according to experts, and the downward trend has persisted since 2011, when the number of wells drilled slumped by 50%.
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Fracking fluids, chemicals market to reach $20.4 billion in 2018

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The key growth driver for the fracking fluids and chemicals market is the need to tap more unconventional oil and gas reserves.
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Oklahoma considers rule changes for wastewater disposal wells

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Under proposals being considered by the Oklahoma Corporation Commission, operators of wastewater disposal wells could find themselves obliged to supply local regulators with more information.
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Suncor employee found dead at oil sands site

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The body was discovered after failure to locate the employee prompted a request for service to the Suncor Emergency Services staff.
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Kentucky oil well operators plead guilty to illegal wastewater discharges

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Persistent violations of the Safe Drinking Water Act have resulted in a two-year probation sentence for Kentucky oil well operators Charles L. Stinson and Ralph Dowell.
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Australia to advance in shale energy development

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The U.S. shale energy revolution has led to a wave of shale exploration across the world, as governments are looking for ways to gain energy independence and cheap feedstock for a number of industries.
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