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Oil & Gas

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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Texas drillers turn to water recycling

November 13, 2013
While just a few years ago drillers thought that water recycling systems were nothing but an unnecessary expense, these days the vast majority of shale gas and oil drilling companies have fully embraced water recycling.
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Enbridge submits plans for new pipeline to Minnesota, Wisconsin

November 12, 2013
Minnesota regulators are to examine plans for a new pipeline that would carry crude oil from the Bakken Shale in North Dakota to Minnesota and Wisconsin.
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Black Elk to blame for 2012 platform explosion, report finds

November 11, 2013
Investigators concluded that the incident occurred because of "poor decisions" made by the Houston-based platform operator and its contractors.
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New pipeline project to Trafigura's Gulf Coast terminal announced

November 11, 2013
Energy Transfer Partners has signed an agreement with Holland-based global commodity trading company Trafigura Beheer BV for the launch of a new crude and condensate pipeline running from the Eagle Ford shale formation in South Texas to Corpus Christi.
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