Oil & Gas

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While drilling for natural gas does not seem like a viable business opportunity for New England at this point, the impact of the shale gas revolution can already be felt in Massachusetts and its clean energy sector, due to the low natural gas prices.

For most process-industry professionals, the upstream oil and gas industry is a horse of a different color.

Phillips 66 announced Tuesday it is currently filing permits for the construction of a 100,000 barrel-per-day (bpd) natural gas liquids (NGL) fractionator near its Sweeny Refinery in Old Ocean, Texas.

A group of environmentalists has been denied access to information regarding the chemicals involved in hydraulic fracturing, after a district judge in Wyoming ruled that they were not entitled to know the ingredients of fluids used in the process.

Kinder Morgan Energy Partners on April 1 announced that it will invest approximately $58 million to expand its chemical storage capacity.

Scientists at the U.S. Geological Survey have linked an earthquake in Oklahoma in 2011 to the injection of oil-drilling wastewater underground.

Companies operating in the energy sector are rarely involved in open battles over market share, pricing or access to resources. However, the shale gas revolution in the U.S. may prove too profitable for large companies not to start bumping heads.

The 848-mile Pegasus pipeline, which is capable of transporting more than 90,000 barrels per day (bpd) of Canadian Wabasca Heavy crude from Illinois to Texas, was shut down Friday afternoon after the leak was discovered in the town of Mayflower, Ark.

The U.S. Department of Transportation is proposing a $1.7 million fine for ExxonMobil as a result of the July 2011 crude oil pipeline failure in the Yellowstone River.

UK energy company Centrica has signed a 20-year deal with U.S.-based Cheniere Energy Partners to import liquefied natural gas (LNG) from the United States.