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Oil & Gas

North Dakota to introduce gas flaring restrictions

The North Dakota Industrial Commission is introducing new regulations on the maximum amount of natural gas that oil and gas companies will be allowed to burn off in the process known as flaring, in an effort to reduce the overall amount of gas burned off within the state.
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Large proportion of US crude from shale more volatile than previously thought

Crude oil extracted from shale formations across the United States may be more challenging to transport and process than previously considered due to the presence of highly volatile gases.
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US oil, gas reserves up 9%

Oil reserves in the United States went up to almost 25.4 billion barrels, marking a rise of 2.1 billion barrels or 9 percent on the previous year and an increase of 52 percent compared to 2009.
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Survey reveals trends in US fracking wastewater regulation

The role of hydraulic fracturing for the growth of the U.S. energy sector is undeniable but states seem to have widely divergent views when it comes to the technology in general and to fracking wastewater regulation in particular.
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Shell to sell midstream unit shares worth $750 million

Shell Midstream Partners, a wholly-owned subsidiary of Royal Dutch Shell, is planning to launch an IPO of up to $750 million in shares in an effort to deliver more value to its shareholders.
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Pennsylvania sues oil companies over use of gasoline additive

The state of Pennsylvania has started lawsuits against dozens of oil companies and refiners, accusing them of contaminating groundwater with the gasoline additive Methyl Tertiary Butyl Ether (MTBE).
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Oklahoma's seismic activity surpasses that of California in 2014

So far in 2014 Oklahoma has had more earthquakes than California, and many experts believe that the unusual seismic activity is linked to the sharp increase in oil and gas drilling operations.
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China's gas demand to almost double by 2019, IEA says

Demand for natural gas in China will grow to 315 billion cubic meters by 2019, according to the 2014 Medium-Term Gas Market Report by the International Energy Agency.
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Canada's cabinet approves Northern Gateway pipeline

The Canadian government has given the green light to a proposed project for constructing a pipeline to a terminal at the Pacific Coast that would serve as a starting point for oil shipments to Asia.
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Scientists seek alternatives to wastewater wells in wake of Greeley earthquake

A team of scientists from the University of Colorado has been carrying out seismographic research in the area of the recent Greeley earthquake in order to determine if it was connected to nearby gas fracking wastewater wells.
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