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Oil & Gas

Shell to announce site of new petrochemical plant

PITTSBURGH — Shell Oil Company will announce early this year the location of a new petrochemical plant in the Marcellus Shale region, The Associated Press reported. Pennsylvania, Ohio and
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Fracking wastewater caused earthquakes in Ohio, seismologist says

CLEVELAND — A seismologist studying a series of 11 minor earthquakes in the Youngstown area said Monday that a northeast Ohio well used to dispose of wastewater from oil
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BP calls on Halliburton to pay for Gulf oil spill cleanup

LONDON — Oil giant BP has called on contractor Halliburton to pay for all costs related to the cleanup of the 2010 Gulf of Mexico oil spill, Reuters reported.
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Global Natural Gas Consumption Regains Momentum

Driven by surging natural gas consumption in Asia and the United States, global use of the form of fossil fuel rebounded 7.4 percent from its 2009 slump to hit
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Chevron Phillips Chemical Co. to build petrochemical facilities in Texas

WOODLANDS, Texas — Chevron Phillips Chemical Co. announced plans Wednesday to build a world-scale ethane cracker and ethylene derivatives facilities in the U.S. Gulf Coast region, according to a
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Texas drillers now required to disclose fracking chemicals

HOUSTON — Oil and gas drillers in Texas are now required to disclose the chemicals they use in hydraulic fracturing operations, Bloomberg reported. Texas regulators adopted the rules Tuesday
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Republican bill could kill Keystone XL pipeline, State Department warns

WASHINGTON — The Obama administration is warning lawmakers that a Republican bill to fast-track approval of the Keystone XL pipeline could backfire, The Associated Press reported. The bill backed
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Shell signs deal with Qatar for $6.5 billion petrochemicals complex

DUBAI, United Arab Emirates — Royal Dutch Shell has signed a tentative deal with Qatar to jointly develop a $6.5 billion petrochemicals complex, The Associated Press reported. The agreement
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Halliburton destroyed oil spill evidence, BP claims

NEW ORLEANS — In a court filing Monday, BP accused Halliburton of intentionally destroying damaging evidence about possible problems with the cement slurry that was poured into the deep-sea
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Anadarko makes natural gas discovery in Mozambique

HOUSTON — U.S. oil and natural gas company Anadarko Petroleum announced Monday the discovery of more natural gas at its well in Mozambique, according to a press release. The
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