Oil & Gas

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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.

Natural gas production in Pennsylvania averaged 6.1 billion cubic feet per day (Bcf/d) in 2012, up from 3.6 Bcf/d in 2011, according to Pennsylvania Department of Environmental Protection (DEP) data.

Norwegian oil and gas company Statoil has been awarded a total of 15 leases in the U.S. Gulf Coast, after it became clear that it was the highest bidder in a recent lease sale by the Bureau of Ocean Energy Management.

KROHNE, Inc. announces the KROHNE Academy on Pipeline Integrity Management, a series of seminars on key pipeline operating issues, including pipeline safety and increasing pipeline efficiency while controlling costs.

At its annual meeting with analysts, held in New York City, the company announced that as much as 98 percent of its targeted production by 2017 was already in design, construction or production.

The immense success of the shale gas industry in the United States has caused governments around the globe to look into possible development of natural gas fields in hopes that they could also find a way to energy independence.