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Oil & Gas

Hydraulic fracturing fluids market worth $19.88 billion by 2020

The growth in shale drilling around the world is tied to an increase in demand for hydraulic fracturing fluids, which are used to create or expand fractures as well as to carry proppant into fractures in coalbed formations.
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Four US energy companies plan Southeast natural gas pipeline

Dominion, Duke Energy, Piedmont Natural Gas and AGL Resources have formed a joint venture to build and own a 550-mile natural gas pipeline to North Carolina and Virginia.
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PG&E faces $1.4 billion fine for 2010 pipeline explosion

Californian utility Pacific Gas and Electric Company (PG&E) has been ordered to pay a $1.4 billion penalty in connection with a gas pipeline explosion in 2010, which caused a huge fire and killed eight people.
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Shale gas market to be worth $104.1 billion by 2020

A new report from Allied Market Research predicts that the global shale gas market will expand at a compound annual growth rate (CAGR) of 9.3 percent in 2014-2020.
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Norway's Statoil resumes operation at In Amenas gas plant after attack

Norwegian oil company Statoil is ready to resume normal operations at its In Amenas gas plant in Algeria, following last year's attack.
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Explosion at BP's largest US refinery causes minimal disruption

One employee was taken to hospital, but later released, and the incident did not result in major disruption of production at the facility.
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Oklahoma's Oneok opens $300 million natural gas processing facility in North Dakota

Natural gas group Oneok Partners is boosting its natural gas processing capacity in the North Dakota oil patch with the opening of the company's Garden Creek II plant.
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Exxon Mobil's pipeline arm agrees to $1.4 million penalty for crude oil spill

The pipeline company of Exxon Mobil Corp. has agreed to pay a $1.4 million civil penalty for an alleged crude oil spill in Louisiana.
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Labour Party wants stricter rules on fracking in Britain

Britain's Labour Party is aiming to amend the current infrastructure bill before the House of Lords in an attempt to strengthen the regulation covering fracking.
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Reliance to ship US ethane to India

India's Reliance Industries Ltd. revealed on Wednesday that it plans to ship 1.5 million tons per year of ethane from the United States.
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