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Oil & Gas

Regulator fines companies for misclassifying crude oil

February 7, 2014
Crude oil transported by truck from North Dakota's Bakken region to rail loading stations is frequently misclassified, according to the U.S. Pipeline and Hazardous Materials Safety Administration.
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More mergers, acquisitions in US oil & gas industry in late 2013

February 3, 2014
Between October and December there were 182 M&A deals closed, worth a total of $115.9 billion.
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Shell looking to sell $1 billion stake in Gulf Coast pipeline

January 31, 2014
Royal Dutch Shell Plc is reported to be looking for a buyer for its stake in a major crude oil pipeline in the Gulf of Mexico, seeking offers worth approximately $1 billion.
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Study dispels myth about disproportionate wastewater production from fracking wells

January 28, 2014
Natural gas wells where hydraulic fracturing is used generate less wastewater per unit of gas recovered compared to conventional wells.
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TransCanada ponders rail shipments if Keystone XL pipeline gets rejected

January 27, 2014
If the Keystone project is rejected, TransCanada will move on to build rail terminals in Alberta and Oklahoma and will start shipping by rail, its CEO Russ Girling said.
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UK offshore exploration facing crisis, industry body warns

January 27, 2014
UK Continental Shelf exploration is in a "parlous state," according to experts, and the downward trend has persisted since 2011, when the number of wells drilled slumped by 50%.
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Fracking fluids, chemicals market to reach $20.4 billion in 2018

January 24, 2014
The key growth driver for the fracking fluids and chemicals market is the need to tap more unconventional oil and gas reserves.
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Oklahoma considers rule changes for wastewater disposal wells

January 22, 2014
Under proposals being considered by the Oklahoma Corporation Commission, operators of wastewater disposal wells could find themselves obliged to supply local regulators with more information.
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Suncor employee found dead at oil sands site

January 22, 2014
The body was discovered after failure to locate the employee prompted a request for service to the Suncor Emergency Services staff.
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Kentucky oil well operators plead guilty to illegal wastewater discharges

January 21, 2014
Persistent violations of the Safe Drinking Water Act have resulted in a two-year probation sentence for Kentucky oil well operators Charles L. Stinson and Ralph Dowell.
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